The most popular destination for offshore outsourcing
March 4th, 2008
Macronimous Posted in Outsource to India | 1 Comment »
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.
Liked the post? Feel free to Subscribe to this Feed ![]()
Related Posts
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Posts
Twitter
Technorati
Delicious
StumbleUpon
BlogCatalog
Feed Agg
MyBlogLog
reddit
digg



June 4th, 2010 at 6:38 am
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.