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INDUSTRY OUTLOOK

• The worst seems to be behind us and 2011 would see the beginning of slow and steady recovery.
• The effects of the recession were seen complete in 2010 with most indicators pointing south. But the fundamentals are strong for a steady recovery. In that sense, the year was a brief interlude.
• Defining Leadership in Global IT and Business Process Outsourcing
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• Revenue growth was the most sought after performance indicator during 2010, but it eluded most of the companies due the depressed market environment.
• With the spread of global delivery, the number of employees in various countries helps to understand the rise of new locations.
• Contracts in terms of numbers and value (which includes duration) are very good indicators of the level of activity in the services market.
• Customer acquisition is one of the key factors for success in the services business.
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