Last year, the economic downturn caused some organizations to temporarily scale back on I.T. outsourcing efforts while they tackle fundamental issues including keeping the company afloat. This year, I.T. outsourcing is making a comeback… in Asia. As Dell Services (NASDAQ:DELL) Chairman Jim Champy predicts the Asian I.T. outsourcing market will grow much faster in 2010. “IT outsourcing is set to rise in Asia as the region’s companies begin to modernize business processes and technology systems in a build-out that could last decades. We see, as most providers do, the Asian markets growing faster - clearly more than Europe, and certainly faster than the US”, explains Mr. Champy.

Keeping abreast with the world is certainly a difficult job, especially now with social media, blogs and other such sources all over the place; it’s becoming difficult to know exactly where to look.  I myself have different favored sources of information, including those for news headlines, and social media, that I search regularly.   On one such occasion, I came across the Top 10 Business Deals of 2009 from TIME.com.  With regards to outsourcing, the item included in the top business deals for 2009 was the HP (NYSE:HPQ) - EDS deal.