Outsourcing deals worth a total of $88bn per year globally are up for renewal in the next two years, with a large share of those contracts at risk of being given to new suppliers or lower cost offshore players, according to new research.
The Everest Research Institute (ERI) estimates that first generation outsourcing deals worth $118bn in annualised contract value are set to expire between 2006 and 2008, with a quarter of these having already been renewed during the first quarter of this year.
