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The fDi Markets’ shared service ranking clearly portray Poland’s as the industry’s rising star. Tough India experienced a small dip it still remains the leader for SSC projects.
Poland is emerging as a serious contender and judging how the things have turned out recently poses quite a threat to India. The average annual growth for Poland is an amazing 68% in number of SSC investments and this ranks Poland as the third for the overall number of SSC projects since 2003 when the data collection began. Krakow one of largest Polish cities is the 6th most often picked sites for SSCs.
From January 2003 and February 2012 India topped the charts and attracted the largest number of projects -175. This number represents 24% of all SSCs projects conducted globally at that time. Keep in mind that project numbers for India are declining at a rapid pace, dropping from 43 in 2003 to four in 2011.
While viewing the Top10 destinations you’ll quickly notice that the whole SSC market is clustered in couple key locations globally.
Between 2003 and 2012 fDi Markets recorded 723 SSC projects globally with the average size of 421 jobs per project. The sector that accounted for the highest number of projects was The Business services sector – total number 224 which came down to 34% of all investment projects. Software and IT services recorded the highest average growth of 13% per year.
The fDi Markets’ recorded a total of 398 companies investing overseas, Genpact from Bermuda is the top company with 20 investment projects announced between 2003 and 2012.
The highest number of outsourced oversea projects belongs to the US, with a whopping 377 projects – 52% of investment projects. Germany scored the highest growth of 46%.