Offshore outsourcers turn cautious

Courtesy ZDNET - Between the Lines  Fri, 07/18/2008 - 8:08am

The three primary publicly traded offshore outsourcing companies have turned cautious about the future even as their financial results remain strong.

Among the worries–a weak dollar that’s hurting revenue and margins, economic uncertainty, murky IT budgets and a concentration of financial services and retail customers.

Meanwhile, CIOs are antsy, commanding better pricing and there’s a connection [...]



 

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