| IT (Internet Technology) companies from advanced | | | | and smartcard solutions among others. These |
| countries are increasingly outsourcing their work to | | | | professionals may be permanent employees of the |
| developing countries in Latin America, Africa, Asia and | | | | offshore BPO, or they may be hired from time to time |
| the Middle East. The main motive behind this | | | | on a contractual basis. |
| outsourcing of IT work is to reduce the costs to the | | | | Outsourcing IT to other countries does not always |
| company. An estimated 50% can be reduced by | | | | mean huge projects outsourced by big companies. |
| outsourcing IT jobs to offshore countries with lower | | | | Even individual work is sometimes outsourced. India is |
| economies. | | | | indisputably the hub of outsourced IT work -- mostly |
| Most companies that undertake outsourced work, | | | | from America. In Bangalore, India alone, there are |
| such as BPOs (Business Process Outsourcing), can | | | | 110,000 employees who perform jobs like building |
| handle many aspects of IT works. These aspects | | | | software, designing chips, reading MRIs, running |
| may range from software developing and testing, help | | | | computer systems, etc. These people are IT |
| desk support and data entry and processing. Offshore | | | | professionals who may work at a rate of less than $7 |
| IT companies usually hire proficient professionals to | | | | an hour. This certainly saves the American company a |
| develop software such as .NET, Java/J2EE, wireless | | | | lot of money; while, at the same time, adds fuel to the |
| mobile application developments, database solutions | | | | foreign economy. |