Some years ago, Tadelis and a Stanford colleague considered IT outsourcing arrangements in a number of towns.
Even the country's IT outsourcing companies, once the symbol of shining India, have begun to face headwinds.
The company said growth in business process and document outsourcing was strong, while IT outsourcing revenue was flat.
Indian IT outsourcing giant Infosys this morning reported better-than-expected results for its fiscal second quarter ended September 30.
The service providers also expect cloud services to grow faster than traditional IT outsourcing, especially in the US market.
Shares of IT outsourcing services provider Cognizant (CTSH) are trading modestly lower, despite a better-than-expected Q4 earnings report this morning.
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Competition for Rackspace comes in four flavors: in-house IT departments, IT outsourcing companies, telecommunications companies and technology companies moving into cloud.
Indian IT outsourcing firms, says Patnaik, are also vulnerable to siloed thinking.
Technology Services revenue was flat year over year, Application and Business Services revenue grew 1% and IT Outsourcing revenue declined 3% year over year.
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In recent sessions, some Street analysts have turned cautious on the IT outsourcing and services group, in particular concerned about slowing demand from Europe.
While the idea of IT outsourcing may have been historically maligned by some, the reasons to consider contracting out your IT operations today are many.
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Technology Services revenue was down 1% year over year, Application and Business Services revenue was flat, and IT Outsourcing revenue declined 6% year over year.
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Burns says Xerox now has expertise in a variety of business processing segments, including customer care and call centers, health care, transportation and IT outsourcing.
As reported earlier, the IT outsourcing company posted Q1 results in line with estimates, but provided disappointing Q2 guidance, and reduces its outlook for the full year.
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General Motors is following through on a previous promise to shift away from IT outsourcing, and to move thousands of tech jobs back inside the company.
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Shares of the IT outsourcing giant Infosys are trading sharply higher this morning after the company posted better than expected results for its fiscal third quarter ended December 31.
The IT outsourcing shop Cognizant this morning provided the Street with a pleasant surprise, beating consensus estimates for the second quarter, and raising guidance for the full year.
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Last June it signed a deal with Microsoft and an arm of the Chinese government to create a software joint venture that will supply IT outsourcing services and employ 5, 000 people outside Beijing.
Strong ClearPath sales, continued growth in our non-U.S. Federal IT outsourcing business, and higher sales of industry solutions within our system integration business more than offset a decline in our U.S. Federal business where market conditions remain challenging.
Note that our definition of the global tech market in this report includes business and government purchases of computer equipment, communications equipment, software, IT consulting services, and IT outsourcing and hardware maintenance services, but does not include purchases of telecommunications services.
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Last June it signed a deal with Microsoft (nasdaq: MSFT - news - people ) and an arm of the Chinese government to create a software joint venture that will supply IT outsourcing services and employ 5, 000 people outside Beijing.
Some part of it is outsourcing, because the infrastructure is no longer there.
The big IT and outsourcing firms have to invest more and more in teaching graduates what they should have learnt in college.
It offers outsourcing services to clients interested in developing credit scoring systems as well as selling software for a client to use in-house.
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Our definition of the IT market included business and government purchases of computer and communications equipment, software, and IT consulting and outsourcing services it did not include their purchases of telecommunications services, which are declining in the US and growing slowly globally.
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The same is true when it comes to outsourcing marketing or distribution and so on.
"If you can't really be bothered to wash your car, outsourcing it really isn't that bad, " he says.
Competition among the outsourcing IT firms is seen getting fiercer, too, in India.
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It also is outsourcing production to an Asian manufacturer, the people said.
Scaling our offerings in business process, IT and document outsourcing gives us a diversified portfolio that helps mitigate declines in equipment sales and supplies.
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