High skilled IT and BPO jobs are going offshore
November 4, 2008
More and more companies are planning to send high skilled IT jobs like application development, project management to offshore locations. Recently Dallas based ACS announced that they are planning to send high skilled jobs to countries like India, Philippines, Mexico, Jamaica, and Guatemala. ACS has 35% of its workforce located in offshore and nearshore locations, it is planning to use the cost savings from outsourcing in marketing, sales, new product development etc.
In last month conference call the drug company Pfizer announced that it is planning to send wide varieties of jobs in manufacturing, finance, logistics, facilities, IT, and legal to offshore locations. Pfizer UK branch has been training foreign workers to transfer IT projects, reports The Day news paper.
As the outsource industry matures, vendors are gaining more vertical domain expertise and willing to take high skilled tasks from their customers. As the technology and infrastructure matures, it facilities western companies to mange complex projects executed in different parts of the world. Analysts predict that current global financial crisis will make companies to cut cost and look for cheaper offshore and nearshore locations to transfer high skilled jobs.