The flurishing of offshore outsourcing during recession

Source: Sales Force Israel

Written by salesforceisrael

As the economy worsens, the prospects for outsourcing and offshoring improve. Throughout 2008, the key word for the economy was “uncertainty.” While facing uncertainty, CIOs avoided significant changes to internal organizations or operations, including evaluating or implementing outsourcing. Most outsourcing initiatives are driven by a strong need for change and “economic uncertainty” hindered that need.

Now that the economy is officially in a recession and the 2009 outlook is dire, two changes are taking place. First, CIOs are making cuts to projects and programs, including those staffed by outsourcing firms. Second, beginning in 2009, IT organizations will pursue outsourcing as a method to reduce costs.