Such firms, by far the largest users of H-1B visas, provide foreign contractors to US companies looking to slash information technology costs.
The information technology costs of recovery and relocation after the attacks will be $15.8 billion over three years or more, predicts Computer Economics, a research firm.
U.S. corporations looking to cut their information technology costs may turn to companies such as the eight listed in the accompanying table.
More importantly, companies need to cut information-technology costs.
Therefore, inter-enterprise architecture offers multiple benefits, including: joint process harmonization, business strategy and information technology alignment, technological cost reduction, risk and redundancies reduction, customer services improvement and enhanced responsiveness.
Implementing the directive could require large amounts of new information technology and cost the financial industry plenty.
The would-be foreign conquerors of this rich subprime turf come armed with AAA or AA credit ratings, the latest information technology and cost-cutting know-how built up through long experience in dozens of countries.
But even more threatening is the invasion of the Japanese market by GE Consumer Credit and Citigroup, which come armed respectively with S&P AAA and AA+ credit ratings, as well as with the latest information technology and cost-cutting know-how built up through long experience in dozens of countries.
Since companies today source everything where best available and sell where best markets exist, it stands to reason that worldsourced business functions should be located solely on the basis of finding the most attractive people, skills, proximity to key markets, infrastructure, language proficiency, information technology capabilities, costs and facilities.
