What is happening in the outsourcing market?
By the end of 2023, IT outsourcing spending will reach $1.3 trillion worldwide, showing steady growth. The reason behind these rates is twofold. On the one hand, the demand for technology keeps increasing. On the other hand, the shortage of IT talents is more significant than ever. According to McKinsey, 43% of organizations are experiencing a skill gap, and 22% will face it in the next two years.
These companies will need to find human resources at any cost elsewhere. Outsourcing and outstaffing are their top choices to consider. Learn more about what these models involve, how they differ, and what to choose in our article.