December 17th 
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Over the past few years, an increasing number of organizations across the globe have opted to outsource document hosting and scanning functions. Moving forward, that trend is only predicted to amplify.
According to the 2008 InfoTrends report, “U.S. Document Outsourcing Market Forecast: 2007-2012,” the document outsourcing market will continue to increase from approximately $36.2 billion in 2007 to $46.8 billion in 2012.
But just what’s fueling this significant growth?
In a recent Boss News Articles post, John Symon, Senior Vice President Asia Pacific for Document Boss, discusses the upward outsourcing trend for document scanning and hosting. Document Boss is an executive recruitment and mergers & acquisitions services provider for software vendor companies in the electronic and document management sector.
In the post, Symon pinpoints several factors contributing to the growing number of companies outsourcing document scanning and hosting functions, including:
1. Organizations are turning to third-party services providers to help them achieve compliance to various regulations.
2. The growing adoption of SaaS (software-as-a-service) and the widespread availability of high-speed Internet bandwidth are contributing to a “services-led mentality” throughout organizations.
3. As the typical decision-maker shifts from the CIO to the CFO, organizations are placing more emphasis on reducing the cost of operations and the complexity of in-house systems.
4. The economic downturn is forcing organizations to drive down costs and improve operational efficiencies.
To learn more about current outsourcing trends for document scanning and hosting, read the full Boss News Articles blog post.
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