Site hosted by Angelfire.com: Build your free website today!
 
Kenny Vo Website EH 372
Links

Angelfire

Google

University of South Alabama

TechTarget: The IT Media ROI Experts

CNet News.com

Research of Information Technology job losses and outsourcing from other countries

Is Outsourcing Worth the Loss of IT jobs?

The skills of a trained IT graduate are much greater than someone unknown learning it in another country. So your workmanship won’t be as great as someone skilled and trained in this profession as an IT would be here in the U.S.

How much do companies actually save be outsourcing? A company once hired their subsidiary in India to do some work. The job was done in India for less than $400,000. The same job in the U.S. would have cost about $3 million.

Offshore outsourcing stats

The reality is that offshore outsourcing is a growing trend. According to a recent study from Meta Group, the worldwide offshore outsourcing market is worth $10 billion today and will grow 20% annually through 2008. Meta also claims that offshoring growth will outpace outsourcing in general and predicts that the average enterprise will offshore 60% of application work by 2008 or 2009.

Regarding job loss, a study from the U.S.-China Economic and Security Review Commission, found that up to 406,000 U.S. jobs will be moved overseas this year. The offshore job tracker on TechsUnite.org reports that more than 259,000 jobs have been sent offshore from Jan. 1, 2000 through Oct. 12, 2004. The site also claims that 142,500 jobs have been lost as a result of offshore outsourcing during this same time frame.      

By Karen Guglielmo, Site Editor

10.19.2004 | SearchCIO.com

 

As you can see the growth of outsourcing is continually on the rise.

"Companies think they are winners. But unfortunately, the tech workers are really the losers in the end. " - Ronil Hira
Assistant Professor of Public Policy, Rochester Institute of Technolog

 

 

 

Contact Information:

 Kenny Vo                     (251)234-0342

1234 Longwood Rd       Mobile, AL 36609      kennyvo@jaguar1.usouthal.edu