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Research and Markets: Global Public Sector Outsourcing Market 2014-2018: Vendors Dominating are CSC, HP, IBM, TCS & WiproDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/5k8c5k/global_public) has announced the addition of the "Global Public Sector Outsourcing Market 2014-2018" report to their offering. ITO and BPO services are required in the Government sector to manage IT systems and improve business-related processes and methodologies. These outsourced services support government agencies to perform various functions, including taxation, pensions, asset registration, e-governance initiatives, and welfare programs including financial assistance for unemployed. The adoption of big data outsourced services is a major rising trend in the Global Public Sector Outsourcing market. Using outsourced services to handle large amounts of data allows Public sector organizations to stay focused on their business and core competencies. According to the eport, one of the major growth drivers in the market is the need to achieve significant cost reduction by adopting outsourcing facilities for various functions where governments can focus on other core functions and there is no need for setting up infrastructure for a particular service. Further, the report states that one of the major challenges that the market faces is the risks associated with data security. The Public sector services often deal with confidential information and government organizations are wary about sharing this information with third parties because of the risks involved, such as leakage or manipulation of such information. Key Vendors Other Prominent Vendors
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