Sunday, January 22, 2012

Overseas Businesses Stake on Offshoring

65% of businesses in the US, a way better half, send tech jobs offshore, according to an annual survey from Society of Information Management (SIM). The survey encompassed 275 US companies interviewing CIOs and senior IT leaders.

Even despite the sagging economy, companies aren't cutting IT budgets in 2012. The reason for this is that companies see IT as a valuable investment and businesses are trying to leverage IT to reduce costs instead of cutting IT to save money. In this respect, IT cost reduction becomes one of the least concerns of top management; the major – business alignment. The study revealed other IT priorities in business agility, business process management, strategic planning, reliability and efficiency, enterprise architecture, security and revenue-generating IT innovations.

The most in-demand services in offshore outsourcing are product and application development, application testing, and maintenance and support. Russia and Eastern Europe are among the most preferred emerging destinations, while India remains an established outsourcing spot for most US companies, followed by China and Latin America.

Source: ComputerWorld

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