Economic Development Futures Journal

Thursday, February 19, 2004

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Latest on IT Offshoring

The outsourcing of America is shaping up as a seemingly inexorable trend, with various consultants estimating that the number of U.S. jobs shipped overseas will climb from the hundreds of thousands we have seen over the last few years to several million in 10 years. While many executives will continue to view sending American jobs overseas with distaste, smaller outfits keen to remain competitive will increasingly be joining major corporations in seeking cheaper foreign options for completing computer programming, call-center work, assembly, and a myriad other tasks.

For a run down of the strengths and weaknesses of five (India, Philippines, Russia, China, Panama) offshore sourcing centers, click here. This is useful information.

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