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The first quarter of 2006 has seen the global outsourcing industry posting a record performance. The segment saw $22.7 billion in total contract value (TCV) for contracts valued at $50 million or more, up 173% y-o-y, comprising a record number of 83 outsourcing transactions, according to TPI Index, a quarterly report on the state of the global outsourcing industry by sourcing advisory firm TPI Inc.
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