Offshoring continues to grow

 

Outsourcing advisor says foreign market is still getting bigger.

Offshore outsourcing is set to increase, according to a report released by a sourcing advisory firm TPI.

The company's figures show that almost half of all outsourcing projects contain an offshoring element, compared to 28 percent last year.

India is still proving to be the big winner, with market share rising to 5.2 per cent of offshore contracts won this year from 3 percent in 2005.

The size of contracts being won by Indian companies is also on the increase, with average deal values of €101m (£75m) in 2005 growing to €126m (£86m) this year.

TPI's managing director Duncan Aitchison says contrary to speculation about rising levels of dissatisfaction with offshore outsourcing, the data it has gathered predicts further growth in the value of work being moved offshore.

"In our experience, the approach of many companies to outsourcing has now matured to the extent that it is now no longer a question of whether to offshore, but rather which elements and to what degree," he said.

What do you think? Email us at: feedback@computing.co.uk

Copyright © 2010 Computing


Offshoring continues to grow
 
 
 
Top Stories
The True Cost of BYOD - 2014 survey
Twelve months on from our first study, is BYOD a better proposition?
 
Photos: Unboxing the Magnus supercomputer
Pawsey's biggest beast slots into place.
 
ANZ looks to life beyond the transaction
If digital disruptors think an online payments startup could rock the big four, they’ve missed the point of why people use banks, says Patrick Maes.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
What is delaying adoption of public cloud in your organisation?







   |   View results
Lock-in concerns
  29%
 
Application integration concerns
  3%
 
Security and compliance concerns
  28%
 
Unreliable network infrastructure
  9%
 
Data sovereignty concerns
  21%
 
Lack of stakeholder support
  3%
 
Protecting on-premise IT jobs
  4%
 
Difficulty transitioning CapEx budget into OpEx
  3%
TOTAL VOTES: 1071

Vote