Why IT jobs are never coming back

By Stephanie Overby , CIO |  IT Management, Careers, outsourcing

Jannsen: Innovation will continue. It's an important part of who we are in the U.S. That combination of capital flow and entrepreneurialism is unique to America.

CIO.com: But aren't countries like India maturing in terms of IT innovation capabilities as well?

Jannsen: That's the scary part. They will get there. It's one thing to get cost savings from less strategic parts [of the corporate IT portfolio]. But at some point, Infosys is going to be just as innovative as IBM.

Padron: And some of the IBM innovation is not done in the U.S. anymore. The economic world is ahead of the geopolitical world.

CIO.com: Is corporate IT-and U.S. IT job loss-a bellwether for other corporate service functions like finance or HR?

Jannsen: Finance is catching up in a big, big way. IT was leading the pack. In three to five years, there will be just as many finance jobs lost as IT jobs. HR will take a little longer because it is a business-to-consumer function while finance and IT are business-to-business.

Read more about outsourcing in CIO's Outsourcing Drilldown.

Originally published on CIO |  Click here to read the original story.
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