outsourcing
Banks Expected to Continue Offshore Outsourcing Growth
Filed in archive Outsourcing News by Carol Kendrick on March 4, 2007
Banks Expected to Continue Offshore Outsourcing Growth
A recent study conducted by Deloitte points out that the spending rate of banks for offshore outsourcing is expected to grow in the following months. The IT budget of banks in the US as well as in other countries would grow because of their business strategy in outsourcing IT-related functions.

Aside from that, the banks which participated in the said research study revealed that they can save up to 40% when entrusting most IT projects to an offshore service provider. Aside from that, IT Executives from the banking industry showed that 55% of them expect that the cost of offshoring would grow up to 10% while 36% were expecting the cost to remain the same.

The results of the said study implies that the banking industry has a strong trust for the offshore outsourcing strategy. If that is the case then we can expect that security measures for this business strategy to be strong as many banks are realizing its worth.

Permalink: Banks Expected to Continue Offshore Outsourcing Growth
Tags: outsourcing  2007  business  offshore  banks  offshore+outsourcing  dell+contact  expected+continue 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/56451
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for Banks Expected to Continue Offshore Outsourcing Growth:

  • Currently 9.50/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 9.50 out of 2 vote(s) cast.
 
Subscribe
Share It
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!