[biztech-discussion] BPO cost advantage diminishing
- From: Ann Thryft <athryft@xxxxxxxxxxxxx>
- To: biztech-discussion@xxxxxxxxxxxxx
- Date: Mon, 27 Sep 2004 16:29:58 -0700
Hi folks,
I find the item below most interesting. I recall Andreas Ramos
predicting something like this to the rest of us in BizTech about a year
and a half ago.
Ann Thryft
-----------------------------
"BPO cost advantage diminishing"
The Hindu - Chennai,India
New York, Sep 27. (PTI): The advantages of outsourcing from the US to
cheap brain power nations like India have been diminishing because the
wage gap between America and Asia is shrinking, a media report has said.
"The wage gap between the US and Asia is shrinking. Pay scales are
rising fast in India and China for college- educated, English-speaking
professionals," the Business Week said.
The weekly says the reports that General Electric (GE) plans to sell its
entire business-processing operation in India for USD one billion raises
the "interesting question of whether the offshoring phenomenon may be
peaking."
http://www.hinduonnet.com/thehindu/holnus/006200409270305.htm
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