Growth in Indian Offshoring Slowing
quantumstream writes "CNN/Money is reporting that high wages are causing some software companies to look to other countries for outsourcing, including Eastern Europe and several other SE Asian countries. Gartner Research believes a drop of 45% in India's share could happen in the next two years. Is this the beginning of the end of the dominance of India in the tech offshoring market?"
Let's see, we need a place where people speak English, there is a significant number of people who know something about computers, and the wages are even lower than in India.
Given the plethora of 419 e-mails that evade my spam filter, how about Nigeria?
I was just getting good at understanding the Indian accent when I was calling Tech Support!
Strange women lying in ponds distributing swords is no basis for a system of government.
a number of business sites are saying Latin America is the new India for outsourcing. They have similar timezones to U.S., speak English, and are even a relatvely short plane trip away
Huh? Does that mean all of the Spanish-only speakers came here to the US???
"India raked in more than $2 billion of an estimated $3 billion global ... market."
"the worldwide offshore BPO market will grow to about $24 billion by 2007 of which India will earn about $13.8 billion."
So with massive market growth India might slip below 50% market share if they don't watch their back.
But it's not like they're stocking up on pink slips in Bangalore.
The world will not get better through technology. We must seek to be better people.
In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the... Anyone? Anyone?... the Great Depression, passed the... Anyone? Anyone? The tariff bill? The Hawley-Smoot Tariff Act? Which, anyone? Raised or lowered?... raised tariffs, in an effort to collect more revenue for the federal government. Did it work? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. "Voodoo" economics.