A new survey reports a three year decline in outsourcing in the technology industry. In 2009, 62 percent of companies outsourced services or manufacturing, but that number has dropped nearly by half to 32 percent. More tech jobs are moving back to the U.S., and 50 percent of CFOs plan to increase their U.S. based labor force in 2012. The survey predicts that despite the decrease in overall spend, Latin America will remain an increasingly popular sourcing destination. BDO Technology Outlook survey asked the CFOs who currently participate in outsourcing to choose one location for future outsourcing, and Latin America was the most popular option at 23%, followed by Western Europe (20%) and then China (19%). According to the survey, the advantages of proximity and skilled labor make nearshoring increasingly attractive to tech companies.
Read it here at Market Watch.
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