IT OUTSOURCING
What is Offshore IT Outsourcing?
SFV Impex’s well-defined and tested processes have allowed us to expand into a wide range of outsourcing services while maintaining the same high standards of quality, effectiveness, and responsiveness that distinguish our outsourcing services. We are capable of producing predictable quality and measurable results through our specified processes thanks to our unique offshore business model.
What we offer in IT Outsourcing
- Professional Outsourcing
- Multi-Sourcing
- Business Process Outsourcing
- Process-specific Outsourcing
Why do organizations need to adopt IT Outsourcing for your business?
- Save Money on Back-Office Tasks Is a Reason
- Gain Time to Focus on What Matters Most
- Scale Quickly By Hiring Quality, Offshore Talent
The Number game of IT Outsourcing: Past, Present, & future
Past & Present
According to a recent market analysis by Grand View Research, the SFV Impex services market, encompassing both in-house and third-party services, is projected to witness significant growth and reach a higher valuation in 2024. The report highlights that the SFV Impex Outsourcing (ITO) market, which experienced notable growth in 2022, played a substantial role, accounting for 77.75 percent of the total market value. These findings demonstrate the evolving landscape and potential opportunities within the SFV Impex industry.
The future
Looking ahead, the IT services market is expected to experience a compound annual growth rate (CAGR) of 8.4%, while the CAGR for the ITO market is projected to be 7.7%. Based on the provided model, it is anticipated that by the year 2025, the IT services sector will have a valuation of approximately $1,070.28 billion, with the ITO market estimated to reach a value of around $806.63 billion. These figures indicate the significant scale and potential of both sectors. Furthermore, even with this growth, the ITO market is projected to maintain a dominant position, accounting for more than 75% (specifically, 75.37%) of the entire IT services industry. These estimations offer valuable insights into the future trajectory and prevailing trends within the IT services and ITO domains.
