Outsourcing by Koulopoulos

New generation of smartsourcing hubs orchestrating business components across executable business processes according to the authors, the evolution of the software industry will "dwarf the technology industry of the next fifty years" and b2 b vendors have a key role to play in that move to a purely efficient market where the transfer cost, that is the cost of "unplugging and plugging back to another ecosystem" would no longer be a measurable impediment once a process has been identified as core to an organization, the rate of the innovation on that given process must increase, allowing it to keep its competitive advantage and the cash flow to aliment the innovation trend comes directly from the money made out of outsourcing according to the authors, for every dollar of work offshored $1 20 to $1 40 is created in additional return and this money should be the venture capital of the innovation economy don't underestimate this point, after an agricultural based economy, followed by an industrial age, followed by a service based economy, we are now entering the area of innovation and the "invented in" label will have more value attached to it than the "made in" label therefore the innovation process becomes a challenge, and it requires its own set of skills it is vital for our economy that we learn how to innovate through learning tools such as c p s creative problem solving for the future begins with the challenges we face today smartsoucing is a hell of a good read and is fascinating because of the insightful, visionary comments of its writers thomas m koulopoulos, is known for his colon in the economist, business week, the wall street journal and his broadcasts on c n b c and c n n he is also the c e o of the delphi group tom roloff is a leading business strategist, vice president and c t o of e m c corporation both made a very good work with this wake up call book offering us a glance at what will be the future of the software industry as well as the way businesses will evolve