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Due to significant decrease in IT staff budgets, companies in Middle East are facing challenges in acquiring new technical skills says a report by ComputerWeekly.com. Will this set outsourcing business on a new horizon? It is a big question in everyone’s mind. According to report more than 50 percent of the organizations in Middle East, despite their need for technically skilled employees, they are planning to cut down their expense on IT staff.

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The IT industry at present is one of the largest sectors in all major economies of the world. Reports by world’s leading information technology research and advisory company Gartner speaks about the rapidly growing IT industry witnessing great improvements on investments also. Developing countries like China, India have become most searched destinations for Outsourcing IT Contracts accounting to their intelligent human resources and least cost price.

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These days many corporations follow an agile approach in software development. The agile model is based on the awareness and experience that many development projects become too complex to be planned from beginning to end.The focus has therefore switched to delivering the right partial results at the right point in time based on a seamless coordination between all stakeholders.

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Data is already the most important asset in numerous organizations and its importance is constantly on the rise. Hence, an organization needs to be data driven. With the emergence of new technologies, the amount of data a company deals with has almost quadrupled, which makes it a challenge to keep all data in accessible form to all. It is important for the data engineers and data scientist to analyze data and take right decisions for the benefit of the organization. Just keeping records and collecting a lot of data does not make an organization data driven.

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Automation in outsourcing processes has become a quite familiar term in today’s IT industry, with the increase of productivity being one motivation. The losses that the outsourcers have faced over the years has led to the emergence of technologies which is about to revolutionize the world of outsourcing. One of such technology is robots. If we consider the case of Business Process Outsourcing the repetitive administrative tasks that were initially performed by humans have already been replaced by robots.

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