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US jobs going offshore to double next year: IDC
New York, Nov 22: US technology services market will double its usage of low-cost countries next year, but much of the work will still be captured by US providers as they beef up their operations abroad, market research firm IDC said on Thursday.
New York, Nov 22: US technology services market will double its usage of low-cost countries next year, but much of the work will still be captured by US providers as they beef up their operations abroad, market research firm IDC said on Thursday.
The offshore spending component of the US technology services market will rise to 10 per cent of the total spending, or $16.3 billion, in 2003. IDC also expects offshore spending to more than quadruple to $46 billion, or 23 per cent of the total, by 2007.
Indeed, much of the U.S. services market growth, projected by IDC to be 6.1 per cent a year, will ultimately be delivered by workers in countries such as India, China and Russia.
In contrast, work being done domestically will increase merely 3 per cent in the next four years. Bureau Report
Indeed, much of the U.S. services market growth, projected by IDC to be 6.1 per cent a year, will ultimately be delivered by workers in countries such as India, China and Russia.
In contrast, work being done domestically will increase merely 3 per cent in the next four years. Bureau Report