Plenty of companies have reasonable qualms about their offshore outsourcing initiatives, but make no mistake: offshoring is alive and well.
In two years, 25 percent of all IT jobs will be located outside the U.S. That's one of the more compelling findings in the Hackett Group's new (and not publicly available) study.
A total of more than 350,000 jobs in finance, HR, information technology and procurement will be farmed out overseas over the next two years, according to the study. About half will come in IT.
And businesses are seeing substantial benefits. Hackett says that by 2010, a typical Global 1000 firm will see annual general/administrative cost savings of more than $28 million, thanks to globalization.
