Companies Underestimate True Cost of Outsourcing

Companies are not considering the real cost of offshore outsourcing according to a survey of 150 senior IT executives across Europe.

IT World reports:

"The research showed that 80 percent of organizations have suffered problems ranging from time and cost overruns, to non-adherence to specifications and requirements, when outsourcing ADM projects."

"He thought that too many companies believed the hype and thought they could achieve 40 percent cost savings when the real figure might be closer to 15 percent."

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