welcomewiki has just posted in the Career forum of Wikipedia New Forum under the title of IT spending: The true story.
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<table cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="contentboxhead3" colspan="2" style="padding-bottom: 10px;" align="left">Cheer for outsourcing</td> </tr> <tr> <td style="padding-right: 10px;" valign="top" width="300">Image: http://infotech.indiatimes.com/photo.cms?photoid=4350495 </td> <td valign="top" width="410"> <table cellpadding="0" cellspacing="0" width="100%"> <tbody><tr> <td class="more">Image: http://infotech.indiatimes.com/photo.cms?msid=1784493 Mail to friend</td> </tr> <tr> <td class="normtxt" colspan="2" style="padding-top: 7px;" valign="top" width="100%" height="250">IT outsourcing could buck the overall gloomy trend, clocking a moderate growth in 2009 and 2010.
According to Forrester there is some cheer for IT outsourcing vendors. The report predicts that while consultancy and systems integration will slip, IT outsourcing growth will be small, but positive at 2.1 percent. It could improve to 6.8% on 2010.
The fact that outsourcing would provide cost reduction opportunities will help in its growth globally. This is likely to be a big boon for Indian IT companies. </td></tr></tbody></table></td></tr></tbody></table>
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