Established Players and New Locations Compete for Offshore Jobs, Increasing Complexity for Companies.
Study Report |
|
| By A.T. Kearney ( www.atkearney.com ) |
India , China lead top 25 ranking, as new contenders emerge in Asia, Europe and Latin America; high quality and low costs present challenge to U.S. and other mature markets |
Countries to which white collar jobs are being offshored offer a range of attractions besides low-cost labor, creating a complex decision-making process for companies selecting offshore locations, according to a new study, the Offshore Location Attractiveness Index, by global management consulting firm A.T. Kearney. |
| |
|
|
| Offshore Outsourcing Nears Critical Mass
|
| By Drew Robb, Information Week |
| The IT talent shortage in the United States is driving more companies to use overseas developers |
Until recently, outsourcing software development to offshore suppliers was seen as a cost-cutting approach used by a few big U.S. companies to offload mainframe maintenance, Y2K, and assorted IT grunt work. Not anymore. Now, offshore outsourcing is nearing critical mass: Fast-growing Internet startups, midsize businesses, and dozens of major companies are using offshore suppliers not for maintenance, but to develop sophisticated new applications quickly. |
| |
|
| UK saves 10 mn pnds a year for every 1,000 offshored jobs |
| Press Trust Of India |
British companies save a minimum of 10 million pounds a year for every 1,000 jobs they move offshore, particularly to India, estimate by the ICICI Onesource, an outsourcing agency of India's ICICI Bank has indicated. |
| |
|
Global Procurement Study Finds Companies Unprepared to Manage Increased Sourcing from China and India Effectively
Study Report |
| By A.T. Kearney ( www.atkearney.com ) |
By 2009, study says, 72 percent of companies will source from China - more than from Canada , Mexico and Western Europe - vs. 30 percent in 1999. |
The dramatic increase in sourcing of goods and services from low-cost supply markets such as China and India has not been matched by growing knowledge and understanding of these markets, according to global management consulting firm A.T. Kearney's latest Assessment of Excellence in Procurement. |
| |
|
| Yet another boom year for IT |
| By Sanjay K Pillai, Businessman |
| Here's some good news -- 2005 is going to be another boom year for the Indian information technology industry. |
"In 2005, expect more of the same. It could be even slightly better," forecasts the soft spoken Girish Paranjpe, president of the financial solutions division of the $1 billion plus Wipro Technologies. |
| |
|
| Report: Offshore IT outsourcing helps economy |
| By Ed Frauenheim, Staff Writer( www.cnetnews.com ) |
| In the latest salvo in a debate over sending tech work overseas, a report sponsored by an industry group concludes that the practice is good for the U.S. economy and its workers. |
Offshore outsourcing of software and information technology services tasks not only is boosting the U.S. gross domestic product but also helping to generate U.S. jobs, including positions in the IT sector, according to the report. Released Tuesday, it was prepared by research firm Global Insight and sponsored by the Information Technology Association of America trade group. |
| |
|
| Is outsourcing right for you? |
| By Joe Melanson ( www.adasiaonline.com ) |
| Many companies have found that one strategy to employ is to transfer ownership of a function or process to an outside service provider, or outsourcing. With the growth of outsourcing exceeding 15 percent every year, it's becoming obvious that it's not just a strategy for the big boys any more. In fact, 29 percent of companies over $10m, 36 percent of companies over $50m, and 90 percent of Fortune 500 companies outsource significant pieces of their business. |
| |
|
| Risk Mitigation for Application Outsourcing by Small and Mid-size Businesses |
| By Eugene Goland, Chairman ( www.oobp.org ) |
| The client should formulate a "Requirement Specifications" checklist. At minimum, it needs to cover functionality requirements, performance and quality exceptions, and a deployment schedule. |
| |
|
Economist: Offshore IT Outsourcing Should Boost U.S. Economy
Deloitte Consulting's Carl Steidtmann says shipping IT work overseas will ultimately lead to more higher-paying jobs in the United States. |
| By Paul McDougall, Information Week |
| Politicians and labor leaders looking to block the export of IT jobs to low-wage countries such as India are "the last surviving members of the flat earth society," says the chief economist of a Big Five consulting firm that offers offshore outsourcing services. |
| |
|
| Outsourcing's offshore myth |
| By George Gilbert and Rahul Sood ( www.cnetnews.com ) |
Critics have condemned offshore development as everything from shortsighted to un-American--but it may well wind up rescuing the U.S. software industry.
To remain competitive in the global market, U.S. software companies must continue to drive innovation. However, innovation today is being strangled through insufficient R & D budgets on the company side and an overspending hangover on the customer side. Offshore development can help on both fronts. |
| Recent changes in the way U.S. companies are using offshore labor have sparked heated controversy, which is understandable considering that jobs are at stake in an already tight economy. But while it may be human nature to cling to the status quo, the software industry will be better off adapting to these changes and allowing innovation to flourish. Here's why. |
| |
| |
