Due to the exposure of favored e-books in the market, it is known that the world of books and publishing has undergone a huge shift. E-publishing- is the jargon used for digital format of books, journals, magazines and reports are stored in electronic or digital form. As many customers prefer online purchasing, the book retailers tend to transfigure now a days. This shift had created a greater impact on the traditional chain stores based on the profits and revenues. When considering the account of benefits like low inventory storage costs, low cost of production, low investments the industry had spotted enormous growth. Also the opportunity to reach out to larger audience across the globe in a cost effective manner adds as an advantage. Identically, digital books are now estimated at 8% to 10% from the revenue stand point for some major publishing and it is pursued to gain the market share.
Compiled by Ken Jourdan
Companies will soon see outsourcing as a game of dice – hedging their bets and spreading outsourcing deals across the world, a report by the London School of Economics (LSE) has predicted.
NY Times co-author professor Leslie Willcocks said today the global growth in IT and business process outsourcing (BPO) in various new countries across the globe will allow businesses to gamble on many different offshoring deals.