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Based in Islamabad, Pakistan, SYIT was a new entrant in the offshore software development industry.
As a result, the growth of offshore software work is slowing, to nearly half the pace of recent years.
When it comes to cost arbitrage, offshore software services come out on top.
The offshore software outsourcing industry will no doubt continue its hyper-expansion in the next few years as Western firms look for cheap offshore talent to fill that gap, but it is clear that India could stumble and lose its crown.
Should You Go With Nearshore or Offshore Software Outsourcing?
When we are choosing nearshore or offshore software partners, there are a number of factors that we need to consider: culture and communication, development methodology, technologies and different models of project management.
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Software quality issues are commonly reported when offshoring software development.
Assuming a supply of 40,000 decent IT engineers a year, McKinsey's Diana Farrell thinks that India will "not even come close" to meeting the demand for 1m offshore IT and software workers her company forecasts for 2008.The supply of top-quality Indian MBAs is also thinner than it might look at first sight.
If the project is large, both offshore and local software development firms can render a complete team of certified professionals, including the project manager.
The possible message being sent, legal experts said, is that any American company that does business with an offshore casino -- including software makers and consultants -- could be in danger of having proceeds from that business seized.
After the D.E.C.D. officials introduced Awo Quason-Sackey to sources for financing, she left her job as an executive at United Technologies one year ago to start the information technology business, which provides software development offshore.
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