The Future of PEO
R&D Magazine had a very insightful cover story on the future of outsourcing in their July 2007 issue. Entitled R&D Outsourcing Becomes More Strategic, the article reported on the result of its May 2007 survey on outsourcing. Interestingly, according to the story, 51% of those who responded to the survey disclosed that the major reason for their outsourcing is the expertise of the external or outsourcing companies. Manpower comes second on their list of reasons while third is workload. A study conducted by NASSCOM and Booz Allen Hamilton on the potential of outsourcing in engineering found that there will be a great growth in engineering services by the year 2020.