Saundra on 20 August 2004 at 02:34 said:-
> The UK will lead the growth in offshore outsourcing across
> Europe over the
> next 10 years, the latest research from Forrester Research reveals.
>
> The UK will outsource a similar level of its IT and business
> functions as
> the US but offshore outsourcing will be much less common in
> the rest of Europe.
>
> This will leave large firms in the rest of Europe at risk of
> being taken
> over by corporate predators in the US and the UK, he said.
>
>
> There are likely to be acquisitions within the IT services
> market as the
> economy in Europe falters and Indian suppliers become more dominant,
> Forrester predicts.
>
Within some sectors could part of the rush to cheaper economies also be
allied to a perception of loosing commercial control of computing and audit
trail costs to governmental organisations demanding access to
interception/audit data at a cost born by the commercial organisation,
rather than themselves? With little economic pressure for restraint and
consideration existing, this would cause ever more demand for legislative
control.
Seems familiar somehow and would link back to the economically driven
aspects of the EU directive.
Ian W
> -----Original Message-----
> From: This list is for those interested in Data Protection
> issues [mailto:[log in to unmask]] On Behalf Of Saundra
> Sent: 20 August 2004 02:34
> To: [log in to unmask]
> Subject: UK to lead growth in offshoring
>
>
> Hi from across the pond, just in case the recent Lloyds TSB
> announcement
> wasn't alarming, get ready for some more sad offshoring statistics
>
> The UK will lead the growth in offshore outsourcing across
> Europe over the
> next 10 years, the latest research from Forrester Research reveals.
>
> By 2015, the UK will transfer 150,000 IT jobs and 100,000 IT
> orientated
> clerical jobs offshore, more than in Germany, France or
> Italy, the market
> analyst predicts.
>
> When non-IT jobs are included, the total number of UK jobs
> expected to go
> offshore by 2015 rises to 760,000 in the UK, equivalent to 3%
> of the workforce.
>
> This will place the UK at a strong economic advantage over
> other European
> countries that are moving jobs to offshore at slower rates,
> Forrester claims.
>
> According to the market analyst, financial firms will account
> for 350,000
> of the jobs transferred from the UK, some 30% of the total, by 2015.
>
> The UK will outsource a similar level of its IT and business
> functions as
> the US but offshore outsourcing will be much less common in
> the rest of Europe.
>
> Germany, France and Italy are each expected to lose about
> 140,000 jobs by
> 2015, while Ireland, Greece, Spain and Portugal, will lose
> less than 1% of
> their countries' jobs offshore, placing them at an economic
> disadvantage
> compared to the UK.
>
> "The laggards who fail to exploit the offshore opportunity
> risk losing out
> in terms of profitability, particularly in finance,
> auto-manufacturing and
> aerospace industries," said Andrew Parker, research director
> of Forrester.
>
> This will leave large firms in the rest of Europe at risk of
> being taken
> over by corporate predators in the US and the UK, he said.
>
> Germany and France are expected to accelerate their take-up
> of offshore
> outsourcing by 2007, but will be too late to benefit from the
> lowest prices
> and the best expertise. They will need to look to China for
> competitive
> advantages.
>
> There are likely to be acquisitions within the IT services
> market as the
> economy in Europe falters and Indian suppliers become more dominant,
> Forrester predicts.
>
> see at
> http://www.computerweekly.com/articles/article.asp?liArticleID
=132772&liFlavourID=1
====================================================
Saundra Kae Rubel
Privacy Law Analyst
Privacy Knowledge Base: the world's most comprehensive privacy and data
protection law database containing extensive information and expert
analysis about privacy and data protection in the United States, and 66
other countries including the European Union member states.
http://www.privacyknowledgebase.com/
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