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American IT Outsourcing Set to Grow

Filed in archive Outsourcing News by Carol Kendrick on February 16, 2007

American IT Outsourcing Set to Grow
IT outsourcing in the US is reported to grow based on the news report published in India Times.

According to the news report, the American IT outsourcing market would have experience an annual growth rate of 5.9%. This means that the IT outsourcing industry in the US would increase from 13.3 billion dollars (2006) to 17.7 billion dollars in the year 2011.

There are three factors identified which contributes to the IT outsourcing growth. These factors are:
-the IT workforce shortage in the US
-ongoing war in iraqlinks
-the slowdown of spending in federal contracts

In fact, the research report in which this news article was based showed that most of the IT workers in the US are fast approaching retirement age and the present number of IT workers is not enough for the developing industy hence the outsourcing option.

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Tags: outsourcing  2007  business  home  american  outsourcing+grow  american+outsourcing  dell+contact 

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