Why is work going offshore?

Work is traveling offshore because of new information technologies such as the Internet, voice over IP, and enterprise applications, which make it easier than ever to hire, manage, and coordinate lower-cost, well-educated labor in the global economy.

There are also competitive and cost management reasons. Many executives know that if their competitors are going offshore to find technology or process support for drastically lower costs, they have to follow suit. If their competitors are finding the skills they require through an offshore outsourcing firm, they have to do the same.

Work is also migrating offshore because of the recent global economic downturn. Companies are more focused on improving their return on IT investments and closely managing IT spending. To attain high-quality IT services at a lower cost, companies are turning to providers with offshore delivery capabilities.