All things considered, 2008 was a relatively stable year for the IT services industry. Deals got smaller and shorter, but they grew in number. The second tier providers and Indian vendors did well, along with Accenture and IBM Global Services.
IT outsourcing providers were largely unscathed by the economic downturn throughout much of the year. “It [...]
Filed under: Offshore Outsourcing | Tagged: IT, IT Outsourcing, Offshore Outsourcing | Leave a Comment »
The global economic slowdown is impacting the Indian software services sector as never before. With the US, Europe and Japan slipping into recession, demand for outsourcing and offshoring IT services will slacken over the next three-four quarters.
The slowdown is likely to last 12-15 months. New application development is expected to be affected the most. Smaller [...]
Filed under: Offshore Outsourcing | Tagged: Offshore, offshore outsourcing services, Outsource, Outsourcing India | Leave a Comment »
