Offshoring Diversification is the Industry Future: CIOL on the NeoIT Forecast

Yet another analytical stance, invites us to envision the global IT offshoring market turning more holistic. The key NeoIT message is quite clear - the Sourcing World is changing, and changing forever. Once the offshoring and outsourcing maturity of customers icustomers will equal that of new sourcing destinations (Eastern Europe, Americas and Asia), the focus of IT Supply Chain management will shift from immediate gains to long-term benefits.

In an effort to avoid rephrasing the entire article, I would leave this ‘IT Services Globalization is coming’ message uncommented, since the concept behind it is quite clear. Read the full story at CIOL

“Offshoring had a role to play in the past years because it successfully addressed an immediate need”, said Satyen Hombali, managing director, neoIT India. “But the market dynamics are changing. New centers of excellence are emerging across the globe be it in Central and Eastern Europe, Latin America or Asia Pacific. Large enterprises are increasingly concerned about de-risking their offshore operations through global diversification.”