Why Outsourcing?
According to IDC estimates, the U.S. will continue to be the largest spender of IT services, projected to reach more than $497 billion this year. This growth creates a huge demand for IT talent, with an estimated need for over 200,000 additional IT professionals each year.
But supply is limited. Data from Computer Research News projects an annual shortage of IT professional resources of at least 50% in the U.S. This imbalanced supply and demand of IT talent is driving many corporations to rely on offshore IT outsourcing as the solution. This cost-effective and quality pool of IT talent from offshore outsourcing services provides a much better value in terms of flexibility and scalability as a company grows and evolves.
Offshore outsourcing curbs inflation, increases productivity, and lowers interest rates, says a study commissioned by the Information Technology Association of America, an IT industry trade association.
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