TPI, the largest sourcing data and advisory firm in the world and a unit of Information Services Group, Inc. (ISG), an industry-leading information-based services company, today released data showing that through the first three quarters of 2009, Europe surpassed North America as the leading region in the world for outsourcing spending by Forbes  Global 2000 (G2000) companies and is on track to end the year as the highest-spending region for the first time.

According to the TPI Momentum(SM) Market Trends & Insights 3Q09 Geography Report, European G2000 companies outspent their North American counterparts by approximately $1.2 billion in average annual contract value (ACV) through the third quarter. North America, which led the world in outsourcing spending by G2000 companies in 2008 with $29.6 billion in ACV versus $28.7 billion for Europe, looks poised to miss that mark this year and lose its top spot.

The TPI Momentum Market Trends & Insights 3Q09 …

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