This Led to more business opportunities and more competition. In order to take advantages of globalization, it is essential for organisations to maximize efficiency and collaborate with partners and suppliers around the world. Further in order to remain competitive in the global marketplace, organisations started integrating technological solutions into their business processes. For example they started integrating concept like global work group and delivery systems by tapping the cost-effective resources across the world. The introduction of these concepts led to the emergence and popularization of the concept of 'Outsourcing' , which led to serious need for business iteration using information technology solutions.
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