Egypt to be outsourcing 'India of the Middle East'
I'm always very intrested and excited in/about the researches and reprts that discuess Egypt as the next outsourcing hot spot.. IT Week reported that Yankee Group has relesed a report Egypt to be outsourcing 'India of the Middle East'
The report points out that that India is currently holding a 60 per cent global outsourcing market share, but companies such as Cisco, Google, IBM, Microsoft, Oracle and Orange Business Services are staring to exploit Egypt's IT talent pool.
The report also intoduse some of the ingrediant that help Egypt be the next go-to on the industry of outsourcing
Key to this growth is the Egyptian government's move to set an ambitious target for the country to reach $1.1bn of the global outsourcing market by 2010, quadrupling from its 2005 revenue.
Also Silicon.com mentioned some intresting figures..
AT Kearney recently ranked Egypt number 12 in a list of top offshore outsourcing destinations and while the country's share of the offshore call-centre market is still very small, analyst Datamonitor predicts it will grow by 52 per cent over the next 12 months
read on..
IT Week Issue
Silicom.com Report