Outsource Software
Offshoring Software Development - Beyond India
“India reaped new fortunes in its recent rise as an outsourcing powerhouse. But now India hears footsteps: China, the Philippines, Hungary, the Czech Republic and several Latin American countries are luring offshore outsourcing jobs as well. The surprise: Some of India’s offshoring giants are offshoring themselves, fueling the next round, and U.S. firms are joining in.”
According to Kerry A. Dolan in a recent Forbes article.
“The global expansion is here to stay. Spending on offshore information technology services will nearly triple in six years to approach $60 billion by 2010, says research firm Gartner. Engineering design “will be the next big wave of global sourcing options” in manufacturing, the firm says, predicting that spending on outsourced R&D and engineering will grow tenfold in the same period.
More broadly, offshore employment in IT, banking and six other areas will have doubled between 2003 and 2008 to 1.2 million jobs, says McKinsey Global Institute.”
Full article available here. Free registration required.
