With a recent acquisition and two new contracts signed and another two possibly in the works, TCS (NSE: TCS.NS) UK subsidiary, Diligenta, is expecting a positive run for the months ahead.

It was a year ago when analysts were estimating that IT will begin to move back to the US and IT outsourcing to other countries such as India, and China, will wane.  But weathering through challenges such as language barriers, and political opposition, IT still remains as one of the most viable outsourcing services to date.  Just these past two months, a number of outsourcing deals have come through from major and minor players alike – a testament to the viability of the IT outsourcing business.

With the Philippines continually betting on revenues and jobs from the global outsourcing market, forecasting a growth rate for this year of 20 to 30 percent, the country then needs to refocus its promotion direction to new markets like Europe especially with its main client, the United States’ increasing protectionist moves.