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Offshore Outsourcing News |
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India shoots itself in the foot with new tax
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NetworkWorldFusion
November 2004
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On Sept. 28, India shot its outsourcing market in the foot. On that date, India's finance ministry announced an income tax
of more than 36% on foreign firms that have software, R&D, or customer service operations in India. The tax was enacted ostensibly to discourage
foreign-owned service providers, such as EDS and Perot Systems, from establishing wholly owned operations in the country. Instead, the theory goes, these companies would send offshore outsourcing work to service providers owned by native Indians in order to avoid the tax.
Full Article
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Strategies of Outsourcing IT Contracts
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ComputerWorld
November 2004
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Rapidly changing needs require that IT outsourcing contracts are reviewed regularly, not just at the expiration of the term.
Full Article
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One in three offshore projects fail
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Silicon.com
November 2004
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Some IT bosses wrongly 'forced' into it by the board, claims report...
One in five IT execs claims to have been "forced" into offshore outsourcing due to pressure from the board and shareholders and over a third say their offshore projects failed, according to new report.
Full Article
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Resources |
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offshore outsourcing is actually creating jobs
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offshoring is lowering costs for everyone and actually creating jobs, thanks to a more efficient economy.
Global Insight says that about 194,000 new jobs—both IT and non-IT—were created in 2003 thanks to offshore IT outsourcing, and by 2008 the number will reach over 589,000
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Golden Midas event
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December 1, 2004
2400 Sand Hill Road, Menlo Park, CA
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Rafael Soultanov, Solovatsoft Project Manager, will present ‘Solovatsoft:Offshore Outsourcing services for startups‘, at Golden Midas evening holiday awards ceremony.
The Golden Midas event is an evening holiday awards ceremony honoring one legend VC and at the same time raising money for the Entrepreneurs Foundation. We are expecting 100+ VCs to attend this event
Event site
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| Email your comments and questions to
sales@SolovatSoft.com |
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