Friday, November 21, 2003

Over 40% of New Development Activity Is Now Outsourced, Says META Group

Over 40% of New Development Activity Is Now Outsourced, Says META Group: "An average of 41% of new development activity is now outsourced, according to META Group, Inc. (Nasdaq: METG). Last year, the average percentage of new development from outsourcing providers and external contractors was 35.9% worldwide. Despite political instabilities in India and other parts of the world, more and more companies realize the strategic and financial advantages to using offshore resources for both programming and business processes, according to new findings from META Group's upcoming 2004 Worldwide IT Benchmark Report, which looks at IT trends in various industries across the globe."

Via Analyst Views
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