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Global tech outsourcing expected to grow 20% annually over the next decade

November 23, 2021

“Net-net, we’re on a 10-year roadmap to full virtual business ecosystems where tech delivery is at the core of every business, and we should see an average growth of about 20% on deals when we average it all out,” said Phil Fersht, chief executive of industry consultancy Hfs Research. “The Tier 1 Indian heritage providers command 60% of the major IT services deals.”

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