'Advent of service globalisation in 2006'

Offshore advisory and management firm for BPO and IT, NeoIT sees the advent of "service globalisation" in 2006 as outsourcing moves beyond mere cost savings to leveraging of supply markets to source IT and back office services.

Another major trend NeoIT visualises is enhancement of "service sourcing options" as service providers mature and new supply locations emerge.

India is expected to maintain its supplier leadership role in the US market but will be challenged in some areas.