Business
Europe now world's biggest outsourcing spender
A report by global sourcing advisory firm TPI examined how much was being spent on outsourcing by G2000 companies
Europe has overtaken North America as the region that spends the most money on outsourcing in the world.
The report by outsourcing advisory firm TPI looked at how much was being spent on outsourcing by G2000 companies — those rated as the most successful companies in the world by Forbes magazine.
It found that, by the end of the third quarter of 2009, G2000 companies headquartered in Europe were spending more on outsourcing deals overall than G2000 firms with headquarters in the US and Canada.
For more on this story, see Europe has become world's highest spender on outsourcing on silicon.com.