Stop Offshoring
Friday, March 02, 2007
InformationWeek reported this week that a Deloitte study predicts banks will dramatically increase their offshoring budgets in the next three years. According to the study, banks spend 6% of their IT budget on offshoring, but that will grow to 30% by 2010! Yikes! I happen to have worked for a bank that offshored some IT services to India, and I can tell you that the atrocious level of service (and the resulting additional work I had to do to make up for the offshore workers) played a large part in my dissatisfaction with the job.
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