The most popular destination for offshore outsourcing

India is still the most popular outsourcing destination – Studies says.
A telephonic survey was conducted by BDO Seidman LLP says, The most popular destination for offshore outsourcing among U.S. tech firms is India (60%), followed by Southeast Asia (50%); China (46%); Western Europe (21%); and Latin America (19%).
The study adds, 64% of tech companies in Silicon Valley said they source services or production of products outside the U.S. out of which 51% are offshore programming and IT services. Apart from this R&D services, back office jobs are preferably outsourced.
But will this scenario continue? There are few factors which may or may not affect this in the future. Apart from the economic recession, the challenges are the US presidential elections, near-shore outsourcing to Mexico as it is in the same time-zone, intellectual property and privacy laws. But 26% percent of the CFOs said the top worry is the currency – the US exchange rates.
But we can still believe that outsourcing could grow even more, as doing the jobs internally will add issues to the current economic situation.

  • outsourcing providers

    Thanks for the information. I agree that India is still a giant in the IT outsourcing sector. However, I think it’s worth mentioning that this country is presently facing tough competition from countries who are becoming more and more popular as outsourcing destinations as well, such as China, Costa Rica and the Philippines.

  • out

    With today’s frequently strengthening communications technology, outsourcing a company’s graphic design and print acquiring tasks to a home based printing service business can not only be done efficiently but will also preserve money