Global Consulting Services & Software Development (GCSSD) is an IT company based in the United States and Egypt that provides outsourcing solutions and is part of a growing trend of outsourcing reaching a four-year high. According to a report, outsourcing in Africa, Europe, Middle East, and Asia increased 10% last quarter and 29% for the year with most contracts being new in scope. Over 50% of global outsourcing activity is concentrated in these regions. During the first quarter, 165 new outsourcing contracts were introduced with IT outsourcing making up 85% of the regional market and 127 new IT contracts representing the highest amount ever in a single quarter.

1. Outsourcing Reaches
Four-Year High

2. Outsourcing Reaches Four-Year High
Global Consulting Services & Software Development (GCSSD) is an IT company
based in the United States and Egypt. Providing innovative IT outsourcing
solutions to businesses around the world, GCS Egypt is part of the growing
outsourcing trend that recently reached a four-year high.

3. Outsourcing Reaches Four-Year High
According to the Information Services Group, outsourcing in Africa, Europe,
Middle East, and Asia (EMEA) increased by 10 percent compared to last quarter,
and by 29 percent for the year. Most EMEA contracts were new in scope, which
accounted for 76 percent of all contract value. Further, more than 50 percent of
all outsourcing activity around the worldis concentrated in the EMEA.

4. Outsourcing Reaches Four-Year High
In total, 165 new outsourcing contracts were introduced during the first quarter
of the year. At the forefront of outsourcing activity was the IT outsourcing
market, which accounted for 85 percent of the total EMEA market. The
additional 127 IT contracts represented the highest ever during a single quarter
within the region.