A new report released by Research and Markets, forecasts IT Outsourcing (ITO) market growth, for Asia and Pacific market (APAC) while showing a real concern regarding data security and privacy.
IT Outsourcing is growing
In the report, industry expert say that ITO market in APAC will grow 5.80% by 2020. A key factors for this growth is the cloud computing: while enterprises already use the cloud infrastructure, SME can now also enjoy cloud services. This
Key vendors in this reports are Accenture, Fujitsu, HP, IBM and TCS.
DATA Security Concern
Report states that data security and privacy concerns will be a challenge for the market. Data security and privacy concerns always remain significant challenges in any organization. Companies face pressure to comply with regulations that mandate safety of customers’ financial and medical data. This acts as a deterrent for companies looking to outsource their functions, especially if they are unsure of the laws of the country where the business transactions occur.
For more information about this report visit http://www.researchandmarkets.com/research/748525/it_outsourcing