CWS 3.0: December 14, 2011 - Vol. 3.36

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Around the Web: Crowdsourcing on the Rise

A study conducted by Everest Group in collaboration with Lionbridge Technologies Inc. revealed that enterprise crowdsourcing is becoming increasingly popular due to significant cost advantages, greater flexibility and faster access to a larger pool of globally distributed qualified resources compared to traditional business process outsourcing (BPO) and contingent labor models.

Large corporations are adopting crowdsourcing — when projects are sent to a group of people or community instead of to a single person — as a model to support new areas such as content localization, translation to replace traditional BPO and contingent labor staffing models.

Click here to access the report. 

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