In recent years, IT services outsourcing industry has developed very quickly in Shenzhen, which has been listed as one of demonstration cities of the first batch of service outsourcing industry in China.

Under the background of world financial crisis, undertaking and implementing the service outsourcing business from overseas has quietly become the fastest industry in development and expanding.

Authorities revealed to the reporter yesterday: at present, the offshore service outsourcing business that Shenzhen enterprises undertake has exceeded 5 billion U.S. dollars for the first time; the contract value has amounted to a record of 5.08 billion U.S. dollars, which ranks No.1 in the country. A number of domestic and foreign outsourcing service companies take Shenzhen as an international business base to accelerate the expansion of business and staff.

According to reports, in addition to the big enterprises such as Huawei, ZTE, and Tencent that rely heavily on the provision of “services” to develop rapidly and make money, there are a lot of other services outsourcing enterprises such as IBM, Evans, Da Zhan, Peng Kai, Freeborders, and CS&S are accelerating the expansion of business in Shenzhen.

In recent years, information services, especially software and service outsourcing, keep rapid growth in the context of globalization. There are forecasts that the current global “outsourcing” scale has surpassed 100 billion U.S. dollars. The development of software outsourcing has been regarded as the shortcuts of India, Ireland and China’s software industry development.

Source: Shenzhen Post