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.