Risk versus reward (TT March08 p44)

The global IT and business process outsourcing market has enjoyed phenomenal growth in recent years. Its total annual value is about to exceed $500bn and the market is still expanding rapidly, reports accountancy and consultancy firm Deloitte. However, it also warns that the growing reliance on offshore entities and other third parties for business and IT processes has led to a commensurate increase in the potential risks.