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Outsourcing News : Article

Outsourcing pummels offshoring in IT budget plans

Study shows that while many IT managers allocate money for outsourcing, an overwhelming majority don't plan to offshore work in 2007

Far more IT managers are dedicating budget dollars to outsourcing than offshore services, according to a recent survey conducted by the Society for Information Management, which also revealed IT managers are spending less on average with offshore providers.

SIM, an industry organization that tracks trends in IT, recently surveyed about 130 CIOs and IT executives from 112  companies to determine the top priorities for 2007. The results show that about 80% of companies plan to dedicate as much as 5% or more of their IT spending to outsourcing, while more than 70% of companies have allocated none of their budgets dollars toward offshore services.

Read entire article on Network World

Posted: Monday, October 15, 2007

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