Study: U.S. tech outsourcing continues to decline
Study: U.S. tech outsourcing continues to decline
Outsourcing in the U.S. technology industry has declined for the third straight year, according to a new study.
Accounting and consulting firm BDO USA’s survey of 100 technology companies’ chief financial officers found that just 32 percent said they outsource services or manufacturing to companies outside of the United States, the Silicon Valley/San Jose Business Journal reported.
In the same study in 2009, nearly twice as many companies, 62 percent, said they were outsourcing.
Among the companies that are not currently outsourcing, 80 percent said that they are unlikely to outsource services or manufacturing overseas in the near future.
About 50 percent of the CFOs in the study said they plan to hire more employees this year. The outlook is positive for tech industry jobs to stay in the United States.
“With unemployment numbers still hovering above 8 percent, pressure is mounting from Washington to bring jobs home. The tech industry seems to be moving in that direction, which is good news for U.S. job seekers,” said Paul Heiselmann, partner in the technology and life sciences practice at BDO USA.
The findings are from the fifth annual BDO Technology Outlook Survey, which surveyed CFOs from December 2011 to January 2012. Click here to read the BDO USA press release about the outsourcing study.
Outsourcing in the U.S. technology industry has declined for the third straight year, according to a new study.
Accounting and consulting firm BDO USA’s survey of 100 technology companies’ chief financial officers found that just 32 percent said they outsource services or manufacturing to companies outside of the United States, the Silicon Valley/San Jose Business Journal reported.
In the same study in 2009, nearly twice as many companies, 62 percent, said they were outsourcing.
Among the companies that are not currently outsourcing, 80 percent said that they are unlikely to outsource services or manufacturing overseas in the near future.
About 50 percent of the CFOs in the study said they plan to hire more employees this year. The outlook is positive for tech industry jobs to stay in the United States.
“With unemployment numbers still hovering above 8 percent, pressure is mounting from Washington to bring jobs home. The tech industry seems to be moving in that direction, which is good news for U.S. job seekers,” said Paul Heiselmann, partner in the technology and life sciences practice at BDO USA.
The findings are from the fifth annual BDO Technology Outlook Survey, which surveyed CFOs from December 2011 to January 2012. Click here to read the BDO USA press release about the outsourcing study.
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