Continental Europe still hesitant about outsourcing jobs

by Editor 4/14/2008 4:08:00 PM

A recent Forrester research shows that companies in Continental Europe are less ready than those in the U.K. and U.S. to offshore work to India and countries with similar economies.

“We are seeing only a few large offshore deals from Continental Europe because companies there are still testing the waters and the ramp up is very slow,” says Forrester analyst Sudin Apte.

Companies in Continental Europe are very much aware of the need to offshore jobs in order to cut costs and they will offshore projects that involve 30 to 40 people and then gradually build up the numbers. They have begun outsourcing jobs only recently and the number of outsourced IT jobs has not yet reached U.S. levels.

Indian companies have begun focusing their outsourcing efforts to Continental Europe to reduce their risks in the wake of the U.S. recession scare.

The U.S. accounts for more than 60 percent of the Indian outsourcers’ income, while operations in Europe cannot yet offset the decrease in demand for offshoring from the financial services sector in the U.S.

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