Information Technology Outsourcing
Dramatic results have been observed in IT outsourcing
where a cost reduction of 50-60 percent has been achieved. Lower
labor costs, a plentiful and highly skilled work force, and increasing
offshore capabilities by service providers in countries like India
are the reasons behind this success. The following statistics may
- In a talk on how the US will actually benefit from outsourcing
rather than incur losses, Azim Premji, the chair man of Wipro,
said that the US economy was projected to save about $11 billion
from outsourcing to India in the current year.
IT professionals in the US spend $1.2 billion contributing to
the domestic economy there. Indian firms paid over $350 million
to the US social security in 2002-03 and this amount is expected
to cross $1 billion in the next few years," he said.
- In a recent report by Inductis, to understand the magnitude
of the impact on the US economy of offshore outsourcing, figures
showed that 8 billion dollars was saved over the last four years.
- The Inductis report also showed that GE which employs 18,000
workers in India has seen a total savings of 350 million dollars
Impressed? If yes, then visit the websites of the
following service providers:
- E-isn.com: 'India Software
Network', a pioneer in the best practices of offshore IT outsourcing,
is one place you need to stop if you are looking at offshore
software outsourcing to Indian service providers.
- RJD Solutions: RJD Solutions
provides computer networking management, disaster recovery,
data back-up, and IT solutions to the Washington DC, Virginia,
and Maryland area, as well as nationwide.
- Unisys: Imagine It: Done.
Unisys IT outsourcing services allow you to focus your human
and capital assets on strategic goals. Visit Unisys now to learn
more about IT outsourcing services.
Information Technology Outsourcing in the news