May 22, 2001 Business Communications Co. (BCC) projects that the North American market for third-party processing will increase from an estimated $103 billion in 2001 to $162 billion by 2006.
May 22, 2001 Third-party processing is of interest to cabling installers and cable-plant managers because it reflects a trend toward the outsourcing of enterprise information systems and networking functions. The trend arises from the needs to consolidate business functions, control costs, use resources more efficiently, and return to core enterprise competencies.
Market researcher Business Communications Co. (BCC) projects that the North American market for third-party processing will increase from an estimated $103 billion in 2001 to $162 billion by 2006, an average annual growth rate of 9.5%. For more information on BCC's research report, RG-214R: Third-Party Processing—North American Market, visit the company's website at: www.bccresearch.com.
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