www.whatisindia.com

What Is India News Service
Monday, March 05, 2007



 

 

 

   US Tech Spending from India to Increase

  A Deloitte survey reported that the U.S. will increase its technology services procurement from India and China over the next three years with banks leading increasing its spend of 6% of annual IT spend of USD 44 billion to 30% by 2010.
     
 

A Deloitte survey reported that the U.S. will increase its technology services procurement from India and China over the next three years with banks leading increasing its spend of 6% of annual IT spend of USD 44 billion to 30% by 2010. A key observation in the Deloitte study is that off-shoring not just "one available cost-cutting strategy, it's becoming a basic necessity."

Most interviewed IT officials said that they expected cost to increase moderately or remain flat. The only way the officials expect increased spend on technology is through off-shoring which decreases cost by 60%-80%.

 

Hot Topics

Indian Economic Reforms
WTO Talks
Broader Naxal Agenda
China:Defense Modernization to Guard Development
GDP Growth at 9%, RBI Hikes Rate
Indo-Iran Relations & US
Energy Deficiency
Banking Reforms
Sri Lankan Tamil Struggle
Indo-EU Relations
Indo-Pak Anti Terror Mechanism
Palestine Imbroglio
Indo-Australian Relation
Health Technology Sharing with W. Asia

 

Other Stories

BG-ONGC $1B Investment in KG
Canadian Animation Tie-up with Indian Schools
China, Sri Lanka Deal to Develop Hambantota
Essar Negotiating 20% Stake in Libyan Oil Field
Hindalco's Novelis Offer
India is Pneumonia Capital
India Willing but Cautious on WTO
Indo-Pak Anti-Terror Meet
Informatica Plans Expansion
Malaysia Expects 400K Indian Tourists
Massive Increase in China Defense Budget
Moon Mission Progresses
Naxals Kill JMM MP
Sunni-Shia Consensus?
TVS Unit Sold to Finnish Company
U.S. Prelim Anti-Dumping Duty on Shrimp
UK Bank to Close Direct Interface Call Center
WB, Orissa, Assam Most Hungry
   
 
       

 

 

 

2007 Copyright What Is India Publishers (P) Ltd. All Rights Reserved.