According to a survey that the BDO USA has done, the accounting and consulting organization, they said that the outsourcing by United State, technology companies is slowly declining but it still has a steady status. The companies surveyed specified that around 35% of one hundred chief financial officers (CFOs) are currently outsourcing services or manufacturing outside the United states of America.
In the year 2009, outsourcing activities reached 62% but suddenly in the year 2010 there was a slight downfall in the activities due to which it reached 37%. The survey also found stated that if those companies were to outsource, they will choose a place or an area not too far from home, they either choose to outsource in the United States of America specifically in Canada.
According to Don Jones, Partner in the Technology and Life Sciences Practice at BDO USA, “Outsourcing can be looked at as a bellwether of the economy,” He also added, “Technology companies turned to outsourcing in the year 2009 in order to reduce operating costs and expenses and it might ride out the recession.
Since then, we’ve seen a marked decrease as companies recover and look to create jobs and growth close to their areas. BDO also states that United States firms that are still outsourcing, 24% respondents selected Indian while 18% selected China as their most favoured regions or their top destination for Business Process Outsourcing services. Those of the companies that seek to outsource, the most likely ones are involved in manufacturing together with the Information Technology services and programming and outsourcing. In such a way, it still provides a unique strategies for those companies that are outsourcing.
REFERENCE:
http://www.outsourceoffshore.info/index.php/2011/02/bdo-conducts-a-survey-on-outsourcing-among-u-s-firms/3
http://bdo.hu/en/press/press-release-in-hungarian/180-bdo-ambition-survey-report.html
http://www.aussurveys.com/vovici-case-studies.html
