Thursday, July 08, 2004

US Will Increase Outsourcing Q4

Sify.com reports Silicon Valley investor is predicting Q4 will see an increase in outsourcing after the presidential elections.

"'I think there will be an increase in Q4 spending,' Madhavan Rangaswami, managing director Sand Hill Group, which advises on technology trends and invests in start-ups, told a news conference in Bangalore to announce an industry seminar."

"Despite the row over jobs, India had only a tiny market share in the US information technology market worth hundreds of billion dollars, Rangaswami said."

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