This site will look much better in a browser that supports web standards, but it is accessible to any browser or Internet device.





IT news articles from ihotdesk
E-mail article
Print article
Complete a contact form
Contact us
Have a representative from ihotdesk call you
Request a
call back


Articles/News

Return to article list

Spending on IT outsourcing 'will increase' in 2008

Communications
Outsourcing
Product
Project
Security
SME IT
Software services
Get the hotNews RSS Feed
click here

News Archive

Year Category  
2008 Outsourcing 75
2008 Software services 8
2008 Project 3
2008 Security 35
2008 Product 23
2008 Communications 69
2008 SME IT 83
2007 Outsourcing 252
2007 Software services 165
2007 Project 158
2007 Security 120
2007 Product 146
2007 Communications 82
2007 SME IT 14
2006 Outsourcing 123
2006 Software services 133
2006 Project 46
2006 Security 120
2006 Product 126

Breaking news from ihotdesk, the home of IT outsourcing in London:
Spending on IT outsourcing is set to increase during 2008, according to a new survey.

Category Outsourcing
15 January 2008
 
Spending on IT outsourcing is set to increase during 2008, according to a new survey.

Of the 250 global companies polled in Syntel's TrendScan survey, 52 per cent said that the impact of financial turmoil would prompt them to increase their outsourcing spend.

Bharat Desai, chairman and chief executive officer of Syntel, said: "In a weak or uncertain economy, companies look for technology solutions that will increase productivity, efficiency and savings."

Furthermore, she claimed that Syntel was "not surprised" that over half the respondents in the survey planned to increase their spending in 2008 despite threats of a slow-down in the economy.

"Outsourcing is a hedge against general IT costs and can be a strategic component of research and development," Bharat explained.

The survey also revealed that just 28 per cent of businesses polled would spend less overall to conserve budgets during 2008 while 19 per cent said that their outlay would remain at around the same level as last year.

Syntel is a US-based firm which provides professional information technology consulting and applications management services to companies and government entities.

ADNFCR-8000229-ID-18427080-ADNFCR© Adfero Ltd
Related articles
'Global managed IT services industry set for boom'
'Strategic IT outsourcing can increase efficiency'
'Innovative IT management essential for successful companies'
Vodafone to buy ZYB
'IT can reduce carbon emissions'

Read all news