IT and Business Services Industry Form Global Alliance

Twelve lobby groups representing technology and business services organizations around the world have formed an alliance to promote and safeguard the interest of their industry on the global stage.

The alliance, known as the Global Technology and Business Services Council (GT&BSC), will represent the interests of over 10,000 companies and 10 million employees.

The Global Sourcing Association (GSA) is its founding member, and among its other allies include Latin America Service Exporters’ Association, ALES, and India’s outsourcing industry body, Nasscom.

Interestingly, the alliance is made up of both service buyers and providers, some of whom are multinationals and indigenous tech firms.

Among the Council’s goals include building a better talent pool and providing a global network for sharing best practices.

The Council argues technology services providers have played a key role in diminishing the impact of COVID-19 pandemic on the global economy.

Thanks largely to the digital tools, many businesses have managed to survive and continue their operations despite the stringent social distancing measures. Remote-working has increased productivity in many European countries, helping companies to save costs and stay afloat.