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Everest Group Study Finds Enterprise Crowdsourcing Delivers Up To 70 Percent Cost Advantage Compared To Traditional BPO Outsourcing

The study also concluded that if crowdsourcing models are to be adopted more broadly by larger enterprises, solutions providers must create a compelling proposition beyond pure cost advantages. The areas most cited include: service level management, oversight and protection of intellectual property, closely mapped recruiting skills, proven ability to perform due-diligence checks on works, arbitrage wage structures and payment and overall project management and accountability. 

For more information about the report, please visit research.everestgrp.com, email info@everestgrp.com or call +1-214-451-3110.

About Lionbridge Lionbridge Technologies, Inc. (NASDAQ: LIOX) is a provider of translation, development and testing solutions. Lionbridge combines global resources with proven program management methodologies to serve as an outsource partner throughout a client's product and content lifecycle - from development to translation, testing and maintenance. Global organizations rely on Lionbridge services to increase international market share, speed adoption of global products and content, and enhance their return on enterprise applications and IT system investments. Based in Waltham, Mass., Lionbridge maintains solution centers in 26 countries and provides services under the Lionbridge and VeriTest brands. To learn more, visit http://www.lionbridge.com. About Everest Group

Everest Group is an advisor to business leaders on the next generation of global services with a worldwide reputation for helping Global 1000 firms dramatically improve their performance by optimizing their back- and middle-office business services. With a fact-based approach driving outcomes, Everest Group counsels organizations with complex challenges related to the use and delivery of global services in their pursuits to balance short-term needs with long-term goals. Through its practical consulting, original research and industry resource services, Everest Group helps clients maximize value from delivery strategies, talent and sourcing models, technologies and management approaches. Established in 1991, Everest Group serves users of global services, providers of services, country organizations, and private equity firms, in six continents across all industry categories. For more information, please visit www.everestgrp.com and research.everestgrp.com.

CONTACT: Sara Buda, Vice President Investor Relations & Corporate Development, Lionbridge Technologies, Inc., +1-781-434-6190

SOURCE Lionbridge Technologies, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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