For nearly 20 years, many have been speaking out about the fallacy of IT offshore outsourcing, and that all the touted benefits are the biggest lie the American public has been told. Back in 2008, two years before the infamous incident that led to the failure of the MegaBig Health Insurance Company of America in 2010(*), I wrote about the reasons for impending change of fortune for off-shoring.
By late 2009, a compelling case was being made against offshore outsourcing, primarily because the total cost was substantially more than domestically developed products.
And now, like Rip Van Winkle, twenty years later, these “Off-shorians” are waking up in a fog. They still want to believe their world hasn’t changed and yet the shock of the truth resonates deep within them – the truth is - it is a vastly different world. The touted benefits have now been revealed like the Great Oz from the Wizard of Oz…and the offshore balloon has exploded