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BNET Business Dictionary
- Offshoring
- the transfer of service operations to foreign countries in order to take advantage of a supply of skilled but relatively cheap labor. Services may be outsourced to a foreign company...
- Offshoring definition on BNET »
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- Cato's study on U.S. Manufacturing suffers from fatal flaws
- On August 28, the Cato Institute in Washington, D.C., published a report, "Thriving in a Global Economy: The Truth about U.S. Manufacturing and Trade." The report confuses a company's offshored products with its import competition and wrongly concludes that U.S. companies with the most import competition are the companies that...
- Research articles 2007-10-17
- The new logic of offshoring: the next generation of offshoring—innovating and engineering—is at hand
- In its earliest phase, offshoring was driven by cost reduction and limited to non-mission-critical work such as call centers, credit card processing and administrative work. Companies raced to source work in Asia-Pacific, South American and Eastern European countries where workers are plentiful and wages are low. Over time, the level...
- Research articles 2007-09-01
- Offshoring trends
- NEWS, OPINION AND MEMBER UPDATES OFFSHORING PROCESSES FROM domestic Western labour to the cheaper alternatives available in China, India, Malaysia and Eastern Europe has been touted as not only logical but inevitable. Yet companies that place too much emphasis on seeking cost reduction from offshoring could limit their...
- Research articles 2007-08-01
- Is it time to consider business process offshoring?
- While most of the subjects in Deal Talk focus on the state of the industry as it relates to mergers and acquisitions and capital-raising activities, the topic of business process offshoring is an important one for management teams to evaluate--particularly in the current market environment. It is also a significant...
- Research articles 2007-08-01
- Is My Job 'Offshorable'? You Might be Surprised
- In a much debated research paper last year, Princeton economist Alan S. Blinder concluded that up to 38 million jobs, or 29 percent, of US jobs are potentially offshorable within the next couple of decades -- that is, capable of being outsourced to workers in other countries. ...
- Blog posts 2008-07-22
- Is the world really flat, tom?
- This past August, I attended Stamford, Connecticut-based Gartner Inc.'s Gartner Financial Services Technology Summit at the Boston Marriott Copley Place. As is always the case, Gartner put on a jam-packed three-day exploration of the state of information technology IT use in the financial services industry. I was struck by...
- Research articles 2006-12-01
- UK population feels increasingly threatened by offshoring with 82% not wanting more jobs moving overseas; 65% believe more investment is needed in skills and education for the UK to maintain current competitive economic position.
- M2 PRESSWIRE-27 November 2006-DELOITTE & TOUCHE: UK population feels increasingly threatened by offshoring with 82 not wanting more jobs moving overseas; 65 believe more investment is needed in skills and education for the UK to maintain current competitive economic positionC1994-2006 M2 COMMUNICATIONS LTD ...
- Research articles 2006-11-27
- Study Finds Companies Moving High-End Functions Offshore to Access Talent
- The need to source talent globally is replacing low-skilled, low-cost labor as the decisive factor in companies' offshoring strategy NEW YORK & DURHAM, N.C. -- Please replace the release dated October 31, 2006 with the following corrected version due to multiple revisions. NOTE: This press release was revised...
- Research articles 2006-11-22
- Companies Moving High-End Functions Offshore to Access Talent Needed to Drive Growth, Duke/Booz Allen Study Finds.
- Byline: Duke University DURHAM, N.C., Oct. 31 AScribe Newswire -- Companies are increasingly moving sophisticated, mission-critical functions such as product design and research and development to China, India and other offshore locations primarily because these countries can provide highly skilled scientific and engineering...
- Research articles 2006-10-31
- Advertisers take baby steps in offshoring space.
- Aug. 16--NEW DELHI -- Although, it is still early for Madison Avenue chaps to even think of following in the footsteps of their Silicon Valley brethren in wearing T-shirts with 'My job just got Mumbai-ed', the Rs 13,000-crore-odd Indian advertising industry has made small, but significant...
- Research articles 2006-08-16
- Customs edges up to offshoring.
- Byline: James Riley May 29, 2006 (The Australian - ABIX via COMTEX) -- The Australian Government is tentatively moving to send some government work offshore. The Australian Customs Service has issued four tenders for new technology partners to replace a four-year $A522 million contract...
- Research articles 2006-05-29
- Offsourcing industry jobs becomes issue
- Professional associations and business interests are visiting Congress to give their ideas on how to regulate the outsourcing of engineering jobs to foreign countries. Engineering associations, including the Institute for Electrical and Electronics Engineers Inc. and the National Society of Professional Engineers, are pushing for regulations to dispel...
- Research articles 2006-04-25
- Congress demands release of doctored report on outsourcing
- House Science Committee Chairman Sherwood Boehlert (R-N.Y.) on April 13 signed a request for documents produced by the Technology Administration TA in the course of its controversial 2004 study of offshoring, thereby obliging the Commerce Department to hand over the material and ending a skirmish between the panel's Republicans and...
- Research articles 2006-04-17
- Republicans on science committee vote in favor of commerce department's snub of Congress
- The House Science Committee last week clashed, at times colorfully, over whether to bow to a Department of Commerce decision to deny the panel's Democratic members access to material generated during a congressionally mandated study of offshoring. The panel failed, however, to settle the matter in a way that satisfied...
- Research articles 2006-04-04
- Offshoring by Australian banks.
- Byline: Rick Eager Mar 20, 2006 (InFinsia - ABIX via COMTEX) -- In September 2005, ABN Amro signed a $US2.2 billion outsourcing deal with a number of Indian IT companies. The arrangement signals ...
- Research articles 2006-03-20
- Computer Association Study Cites Education, R&D Investment to Assure Global Competitiveness; Detailed Offshoring Study Assesses Rapid Changes Driven by Information Technology.
- Byline: Association for Computing Machinery NEW YORK, Feb. 23 AScribe Newswire -- In a study released today by ACM, the Association for Computing Machinery, a team of internationally recognized computer scientists, industry leaders, labor economists and social scientists cited educational policy and investment ...
- Research articles 2006-02-23
- House democrats continue quest for outsourcing report
- Democrats on the House Science Committee are planning to introduce a Resolution of Inquiry asking Secretary of Commerce Carlos Gutierrez to send the committee the original draft of a controversial report produced by the Commerce Department's Technology Administration TA on the offshoring of U.S. high-tech jobs. The Democrats decided...
- Research articles 2006-02-17
- Offshoring: Banks Aren't Fully Milking The Passage To India
- More financial services companies across the globe are choosing to go offshore with service functions and operations, but many have yet to truly exploit the cost-savings and efficiency potential, according to a study by Deloitte Touche Tohmatsu. The percentage of banks and other institutions setting up shop in India...
- Research articles 2006-01-01
- JPMorgan Chase to hire 4,500 in India in offshoring move: report
- NEW YORK AFP — Financial services powerhouse JPMorgan Chase plans to hire 4,500 graduates in India as part of its plan to shift 30 percent of its back office and support operations offshore over the next two years, the Financial Times reported on its website. The largest part of...
- Research articles 2005-12-04
- Offshore outsourcing: global trends and opportunities for North African countries
- Abstract: The rise of the global offshoring business, a high-growth, technologically-advanced, and sometimes labour intensive market, holds major opportunities for North African and European countries. It presents a match between developed countries' demand for services and developing markets' desire to improve their trade balance by increasing exports, boost economic growth...
- Research articles 2005-11-30
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