Corporate America Moving IT Operations Offshore To Ease Financial Bind
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| (North Texas E-News - Oct 25, 2008)
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By Media Release | Dallas, Texas - A Dallas based global company has its finger on the pulse of America's outsourcing plans. And "that pulse is beating a lot faster right now," says Ben Trowbridge, CEO and founder of Alsbridge, Inc.
With insight gained from years of advising companies on their sourcing plans, Trowbridge believes companies are scrutinizing information technology (IT) spending as never before, and, are much more likely to outsource some or all of their IT operations.
The current financial crisis has been a catalyst for companies to look at outsourcing. However, at the same time the presidential election campaign has sparked criticism of Corporate America's plans to outsource offshore. Outsourcing has become a campaign issue. For example, Democratic presidential nominee Barack Obama opposes outsourcing, saying, "We can keep giving tax breaks to companies that ship jobs overseas, or we can give tax benefits to companies that invest right here."
"U.S. firms must take strict control of their spending, but face political pressure to do so without outsourcing," says Trowbridge. "Corporate America is definitely between a rock and a hard place. Using outsourcing can be a defensive tactic designed as a cost savings or as a cost avoidance savings that can be redirected towards innovation in new products and services. It shifts the need for US based labor to innovative value added jobs that are the real wave. Innovation is what is key to our future."
Alsbridge is a Dallas-based independent advisory firm that helps companies conduct thorough evaluations of sourcing options for operating billions of dollars in IT investments and organizations. |
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