3.17.2004

IT leaders try to ease US outsourcing fears The Financial Times (3/17)

"This comes despite bullish estimates from independent research consultancies such as Gartner, which this week predicted a quarter of all traditional information technology jobs in developed countries would move to emerging markets such as India by the end of the decade.

But business leaders looking to defuse the mounting political backlash are keen to stress the benefits to US competitiveness rather than endorse aggressive forecasts from researchers such as Forrester."

[snip]

"I think this is as important to services as what Henry Ford did to manufacturing," said Jerry Rao, Nasscom vice-chairman. "The current business cycle is just overshadowing long-term demographic pressures which will push more and more work offshore."

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