The information technology service industry developed in India in large part because of the availability of inexpensive skilled labor, an advantage that is eroding as wages and other costs rise in the country.
Business travelers to Omaha, considered by many to be the hub of the Midwest's burgeoning information-technology services industry, are in for a messy ride this winter.
Longtop Financial Technologies : A bullish risk reversal employed on Longtop Financial Technologies Ltd., a firm that focuses on providing software and information technology services to the financial services industry in China, indicates one investor expects shares to appreciate significantly by September expiration.
And yet here he is insisting that America's information technology, services and medical-devices industries are about to be lost.
The customer, Sparkassen Informatik, is the leading supplier of information technology services to the German banking industry.
Gurus also bailed on Detroit-based Compuware, a full-service information technology services provider for businesses, particularly the automotive industry.
"It's a very important, fundamental transition in the I.T. service industry that's taking place today," said Debashish Sinha, principal analyst for information technology services and sourcing at Gartner Inc., a consulting firm.
NEW YORK TIMES Start-Up That Serves Fashion Industry Attracts $20 Million | Attune Consulting, which provides information technology services to fashion and lifestyle companies, raised $20 million from MAS Holdings.
offers industry application software development, computer information system integration and information technology services.
Other industries paying considerably less than half the statutory 35percentt over that period included information technology services (2.5percentt), utilities (3.7percenttelecommunicationsions (8.2percentt), chemicals (15.2percentt), financial (15.5percentt), and oil, gas and pipelines (15.7percentt).
