Offshore outsourcing poses such a significant threat to British jobs that forecasts have suggested that the UK will be without an IT industry by 2016.

Speaking to the Telegraph, Richard Holway, director of telecoms and software consultancy Ovum, said that with IT jobs increasingly being offshored, without heavy investment in skills and training the UK IT industry will be under serious threat from economies such as India and China.

Good post over on CenterNetworks today about Gateway’s tech support moving back to “north america”….
http://www.centernetworks.com/gateway-offers-new-support

Santa Clara, Calif.-based chip maker Intel and San Francisco-based investment firm Texas Pacific Group are collectively buying a stake in FPT, which provides software services in Vietnam. FPT, which is based in Hanoi, will use the funds to expand its product lines and services, as well as grab a larger slice of the global outsourcing business.

Hitachi India Pvt. Ltd. has established the Offshore Development Management Center, a new unit in its Mumbai office, which provides project management support to Hitachi’s outsourcing partners in India developing software products.

If you’ve had some nasty or embarrassing illness in the past 12 months, perhaps an ailment so unusual or damning you’d prefer to hide it from your employer, friends and loved ones, then here’s a shocker: There’s a good chance that a stranger in far off India knows all about it. And the kicker–it was your health-care provider that told him of your secret battle with plantar warts, rampant hirsutism, and pathological addiction to eBay.

Warnings about rising salaries have tempered a strong set of financial results from India’s leading IT companies - Infosys, Satyam, Tata Consulting Services (TCS) and Wipro - on the back of continuing demand for offshore outsourcing services.

In a study of 200 business executives in the US, global management company Accenture found that two thirds of respondents had experienced miscommunication issues within their outsourcing operations.