OUTSOURCING Malaysia (OM), an initiative under the National ICT Association of Malaysia (Pikom), recently said the outsourcing industry in Malaysia was set to double in growth by 2017 with a Compound Annual Growth Rate (CAGR) of 15% from its current 2012 revenue of US$1.7bil.
OM released its second industry report titled ‘Malaysia’s Global Services Outlook’ in conjunction with the four-day Asia-Pacific Outsourcing Summit (APOS) in Iskandar, Johor. The research findings by leading B2B market researcher Valuenotes were commissioned by OM to provide insights into the industry in Malaysia.