The research, carried out by global analyst Gartner, reveals that 53 per cent of firms will outsource more in 2010, based on the opinions of decision makers in 206 organisations across the continent.
Claudio Da Rold, vice president at Gartner, said that firms are beginning to increase expenditure as they shrug off the effects of the economic downturn and managers become more confident.
"Although we conducted this survey in the first quarter of 2010, before the start of the Greek financial crisis, we believe that the cautious expectation of growth will continue in Europe beyond 2010," he explained.
It comes after a survey carried out by EEF, the manufacturers' organisation, showed that UK firms are continuing to report buoyant trading conditions as a result of rising demand in overseas markets, which points to positive growth prospects in 2010.
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Posted by John Oak and Wayne Bly
Source: The Sales Director News