The 2007 Global Outsourcing 100

This document discusses global outsourcing trends, focusing on how Indian IT companies like Tata Consultancy Services are now globalizing their operations to source talent from emerging markets around the world. It describes how TCS opened centers in places like Budapest and Hangzhou to employ local workers, and now operates in 47 countries with over 8% of its 83,500 employees being foreign. The document also discusses how this trend represents a new phase of outsourcing, with companies able to access niche talent globally. It predicts continued strong growth in outsourcing to emerging markets driven by demographic pressures in developed countries.