Offshore outsourcing: what role will recession play?
The ongoing credit crisis is a concern for everyone in nearly every industry-fear of lost jobs, foreclosed homes and bankrupt businesses. But those lost jobs are likely to further bolster the booming offshore outsourcing market -- so the experts predicted. Fast-forward two months: it's time for them to eat their words. Neither are customers outsourcing more nor is the industry growing any faster. In fact each day service providers only revise their growth estimates in the downward direction.
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Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
- mburton325
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Too early for predictions
The impact of slowdown on Offshoring IT Services is being closely watched by gurus, IT professionals and executives alike. The dust on the financial meltdown is yet to settle so I guess it is too early to read the tea-leaves?!- Mohan
Party is over..
This is not 2002. I believe the local labor will get cheap enough to leave no incentive for offshore/outsourcing. The bodyshops have been charging ridiculous rates when the tide was going up - now I am afraid the party is over.Offshoring is here to stay
During this financial crisis, the financial industry is paralyzed as it comes to long time decisions. This includes Offshoring decisions and for that reason the recession is a minor and temporary setback, also for the Offshoring Industry. Offshoring is here to stay and will boost like the development of the manufacturing in low-wages countries in the former century. I personally consider it an opportunity rather than a thread.