Surveying the risks and benefits of IT outsourcing

Author

Djavanshir, G.Reza

Author_Institution

Graduate Div. of Bus. & Manage., Johns Hopkins Univ., MD, USA

Volume

7

Issue

6

fYear

2005

Firstpage

32

Lastpage

37

Abstract

In this article a survey of senior IT managers points to political and legal issues as the top risk concerns. These managers also say offshoring can create more jobs. Most companies consider offshore outsourcing as a way to reduce cost and increase efficiencies. Outsourcing can be a viable option for companies and can also help businesses and economies in the countries involved, as long as the outsourcing company objectively identifies and analyzes the benefits and risks.

Keywords

DP management; information technology; legislation; outsourcing; politics; risk analysis; IT outsourcing; legal issues; offshore outsourcing; political issues; risks; senior IT managers; Companies; Costs; Europe; Information technology; Marketing and sales; Outsourcing; Product development; Risk management; Supply chains; Turning; Cisco; Hewlett-Packard; IT companies; IT workers; R&D; benefits; follow-the-sun (24/7) continuous operation; immature business environment; information vulnerability; labor cost reduction; legal risk; offshore outsourcing; political risks; risk factors; survey;

fLanguage

English

Journal_Title

IT Professional

Publisher

ieee

ISSN

1520-9202

Type

jour

DOI

10.1109/MITP.2005.153

Filename

1573656