Research is showing that offshore outsourcing is not going to go away in the near future. On the contrary, the trend will become bigger than ever, even forcing salary cuts in the US and Europe in the long run.
During the 2004 US presidential political campaign, outsourcing technology work to foreign shores, especially India, was a prime debate point.
While some US senators argued that outsourcing would eventually help the economy, others vehemently opposed it. Even while the debate was at is peak, outsourcing continued, albeit slowly.
Caught between the proverbial devil and the deep sea, information technology providers and large corporates in the US, had no choice but to outsource in order to remain competitive.
Here is what Summit Strategies, a leading IT analysts firm specalising in the IT vendor community says: “With an up-and-down economic recovery, IT vendors have a dual mission. They must offer products and services that are cutting edge and affordable so that customers are willing to sign a deal.
