Today's software outsourcing has much less to do with saving money with cheap labor and much more to do with finding specialized skills and on-demand technology expertise to keep initiatives on track.

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The International Monetary Fund predicts global inflation will peak at 9.5% before dropping to 4.1% by 2024. According to many experts, there will be a worldwide recession in 2023. In 2023, as tech-driven businesses look to save costs and stay agile, we predict this trend will continue.

Software outsourcing: interesting statistics, predictions, facts, and key players