Offshore Outsourcing News
 
Is Outsourcing Cost-Effective?
  Pricewaterhouse Coopers
October 28, 2004
  A survey of U.S. and European companies has found that less than half consider outsourcing financial functions to be cost-effective.
Full Article
 
  How to Outsource-Proof Your IT Department
  CIO Magazine
October 15
  CEOs increasingly believe that sending IT work offshore will magically reduce costs and increase productivity. To combat this outsourcery, CIOs need a little white magic of their own.
Full Article
 
  IT salaries up - inspite of offshoring
  The Outsourcing Weblog
October 18, 2004
  According to data from the META Group, IT salaries are expected to rise by 10-15% over the next three years.
Full Article
 
Outsourcing to Russia
  R&D in Russia?
  "Instead of outsourcing to them, we hired them," Intel spokesman Chuck Mulloy said. "This is a rare opportunity, where you can get intact design teams. Full Article
 

Learn more about SolovatSoft
  One-to-One Visibility Conference
 
Mountain View, CA - November 5, 2004
  SolovatSoft to sponsor and present the Offshore IT Outsourcing services at One-to-One Visibility Conference" a conference with 60+ VCs and 10 Startups conducted by Right-Hand Partners (RHP) a trusted conduit to reach the venture capital community.
Event site
  October 19, 2004
Stanford Business School
  SolovatSoft will present Outsourcing Services during "Globalsourcing: Net Positive or Net Negative?" conference conducted by MIT/Stanford Venture Laboratory.
Event site
  October 18, 2004
ITtoolbox Blogs
  SolovatSoft is sharing offshore knowledge on how to benefit by successfully managing outsourcing relationships.
Blog site
 
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Articles | Our News | Offshore Practice

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.

Some Interesting Facts About Outsourcing
More than 50% of software projects fail today
52.7% of outsourcing projects end up in cost overruns
Only 16.2% of software projects complete on time and on budget
Projects completed by large companies have only 42% of the originally proposed features
Currently 31% of projects get canceled before even their completion

Offshore Outsourcing Articles
The Six Most Common Outsourcing Mistakes
  Forbes.com
 

In Today's Article:
New York - Lost in much of the public debate about offshore outsourcing is the actual process of transferring business operations to a third-party company outside the U.S. It's time consuming, complex and fraught with peril. Fortunately, most companies make the same mistakes.

^^^ Article
Offshore Practices and Case Studies
Getting the Most from Outsourcing
  By Accenture
 

Outsourcing as a strategic business tool has been around for well over a decade—long enough for a certain folklore to grow along with the facts. In fact, most experienced executive have a favorite anecdote about outsourcing deals that have failed. Yet few will deny that the benefits of outsourcing continue to outweigh the resistance to it. The question is: Can outsourcing truly deliver on its promise?

^^^ Article
Offshore Experience


Project Lifecycle Methodology Software Development Standard Deliverables.
^^^ White Paper
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