For the Information Technology outsourcing to advance and the demand for such type of services will also see an increase this year has been predicted. The Information Technology operations have already proven its importance in any industry especially with the current position of the market, having an exemplary and streamlined Information Technology solutions that a company can tap, depending on the needs of the company among the different solutions that is being offered by Information Technology outsourcing solutions providers are application development, quality assurance and testing and technical support.
One of the things that may reflect the things that may reflect the improvement in the Information Technology solutions branch of outsourcing that would be Tech Mahindra’s recent announcement. The Tech Mahindra is an Information Technology outsourcing company based in the Pune, India that is released its result for the first quarter ending June 30,2011 and it showed that there has been an increase of 15 percent in the developments Tech Mahindra underwent.
Among the other emerging markets and building up a facility in the region and being selected by the Microsft to set up an Encoder Conformance Testing Lab for Video encoders. In the another light, there seems to be an increase in the job opportunities concerning the Information Technology sector in the European region. The Randstad is a recruitment company based in Europe, pointed out that the Information Technology professionals looking for a job tat are highly likely to become successful in London, UK as the demand for the Information Technology outsourcing improves both companies and professionals alike are becoming optimistic.
The IT outsourcing companies just like any other type of the company are definitely likely to see a chance for them despite in a negative situation. In the United States there is a growing concern for a recession as the credit ratings in the country downgrades. The Information Technology companies was particularly the ones based in India such as Tata Consulatancy Services, HCL Technologies and Wipro Ltd are seeing as an opportunity rather than a disadvantage for the business given that these outsourcing companies see the United States and the European region as major markets for the Information Technology solutions. The weakness in the economic climate of the United States gives both outsourcing and off-shore companies an opportunity to pitch the advantages of choosing to outsource than continue hosting their services in house. While the Information Technology outsourcing solutions providers consider that this is an advantage towards them. The companies in the United States are being torn between moving its Information Technology processes offshore and keeping the jobs on-shore as they see that there is a growing political and economic pressure to keep their employees.
REFERENCE:
http://www.blog.infinit-o.com/outsourcing-sector-sees-green-pastures-year/
