Statistics Related to Offshore Outsourcing-part 7

Statement Source Date
"About 21% of IT executives surveyed recently by management consulting firm DiamondCluster International said they had prematurely terminated offshore arrangements in the prior 12 months. The most common reasons cited: the provider had financial difficulties; the provider failed to deliver on commitments; or the buyer consolidated its outsourcing vendors." Network World July 2004
"In India, they were pumping these guys out left and right. . . . Look at the deal here: We've got very highly paid SAP programmers that we could hire in the U.S. - and they're hard to find. Or we could go to India and find very talented SAP programmers immediately at 35% to 40% lower cost." Network World July 2004
"The research showed that 80 percent of organizations have suffered problems ranging from time and cost overruns, to non-adherence to specifications and requirements, when outsourcing ADM projects." Meta Group July 2004
"The number of software and IT service jobs in India will increase by 1.5 million to 2 million by 2008, according to a report. This represents a 40% compound annual growth rate." The Times of Inda July 2004
"New research shows that 80 percent of businesses have spent more time and money on outsourced application development that was originally specified..." Meta Group June 2004
"Responding to survey on a prominent election-year issue, 66 percent of U.S. workers believe that offshore outsourcing of jobs is harmful for the economy." Hudson Global Resources June 2004
"58% of American workers believe that companies outsourcing work that could be done by Americans to offshore contractors should be penalized by the US government..." ELA Survey June 2004
"6% of those surveyed said they have lost a job because their work was sent overseas -- 30% know of someone, including a family member, friend or co-worker who had lost a job due to offshoring. -- 8% said they personally feel their job security is at risk because their employer might send their work overseas ELA Survey June 2004
"Forrester also increases its near-term estimate of lost jobs by 240,000 in its new report, projecting that a cumulative total of 830,000 positions will have moved offshore by 2005." Forrester Research May 2004
"Forrester has increased its estimate of how many US services jobs will go offshore in the near term. Long term, we believe that our previous projection of 3.3 million by 2015 is still accurate." Forrester Research May 2004
"...an employee could be paid as much as $50,000 to share a firm's data with a competitor." Wall Street & Technology May 2004

Page 1, Page 2, Page 3, Page 4, Page 5, Page 6, Page 7