Indian outsourcers saw strong gains last year in spite of calls by some U.S. lawmakers to penalize businesses that send tech work overseas. India’s export of IT products, mostly in the form of outsourcing services to the United States and other Western countries, increased 16.3% in 2011, compared to the previous year, to reach $69 [...]
Fri, February 10 2012 » Business Transformation Trends, Management Trends, Outsourcing Business Trends » No Comments
Overall demand for IT services will continue to grow in 2012 as productivity efficiencies from IT are now a well-accepted reality, according to a senior executive of a major IT service provider. In an exclusive interview with the International Business Times, Murali Gopalan, who is the CIO of UST Global, a U.S.-based company with development [...]
Fri, February 10 2012 » Business Transformation Trends, Industry Leader Profiles, Outsourcing Business Trends » No Comments
“U.S. software and technology companies will save $21 billion a year by 2008 through hiring workers in India and other low-cost nations, adding $124 billion to the U.S. economy, an industry-funded study forecast.The cost savings will cut U.S. inflation, increase productivity, boost wages and create 317,367 new jobs over the next five years, according to [...]
Tue, February 7 2012 » Business Transformation Trends, Industry Leader Profiles, Outsourcing Business Trends » No Comments
Total spending on IT and business process outsourcing in Europe last year was the highest ever in a 12 month period – and 27% up on 2010. That’s among the headline figures from Information Services Group’s TPI index, which suggests a renewed appetite for IT outsourcing.
Thu, February 2 2012 » Business Transformation Trends, Management Trends, Outsourcing Business Trends » No Comments
While western politicians yabber on about bringing jobs back home, third-quarter results for India’s top three IT outsourcers show just how hard it is to reverse the offshoring trend. At Tata Consultancy, the industry leader by revenue, sales jumped by more than a fifth from a year earlier in dollar terms, it said last week. [...]
Fri, January 27 2012 » Business Transformation Trends, Management Trends, Outsourcing Business Trends » No Comments
The U.S. is preparing to introduce repressive tax regime in respect to its companies engaged in global outsourcing. In any case, introduction of such a discriminatory decision was suggested yesterday by the U.S. President in the annual message to Congress on the situation in the country. Barack Obama stated that the U.S. government should start [...]
Thu, January 26 2012 » Business Services, Business Transformation Trends, Industry Leader Profiles, Outsourcing Business Trends » No Comments
President Barack Obama is trying to encourage U.S. companies not to send work overseas. This might not be as hard a job as it seems for some types of IT work. A number of vendors believe offshore outsourcing is becoming less attractive and are working to make the most of this shift. Among them is [...]
Thu, January 26 2012 » Business Services, Business Transformation Trends, Industry Leader Profiles, Outsourcing Business Trends » No Comments
In his third State of the Union Address, United States President Barack Obama urged the US Congress on Wednesday (Manila time) to send to him for his signature a bill that will use a combination of tax incentives and disincentives designed to make American and multinational firms in the US create jobs in that country [...]
Thu, January 26 2012 » Business Transformation Trends, Industry Leader Profiles, Management Trends, Outsourcing Business Trends » No Comments
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