Tuesday 1 April 2008

April Fool's ........ Not!

In an interesting flip, where as we always look at the world from a US centric point of view (IT or otherwise), with the fall of the value of the dollar around the world, there are many places with higher costs of living than the US. Check this out: Harvy-Nash Survey (use the link to download the survey - the tell-tale graph is on page 24). In case the link goes stale or you don't want to bother downloading the whole document, what it says is:

Figure 29. Top ten offshore destinations

  1. India
  2. China
  3. USA
  4. Malaysia
  5. Brazil
  6. Philippines
  7. Vietnam
  8. Poland
  9. Romania
  10. South Africa

India dominates the offshore league table for another year, capturing over half the market for offshore services of the respondents to the Harvey Nash survey. China and the USA are now very evenly matched in the eyes of the survey respondents but South Africa drops from fourth favoured destination last year to tenth this year. Canada drops just outside the top ten to 11th after occupying the fifth spot last year. Vietnam continues to perform strongly, maintaining 7th spot amongst much larger and more established outsourcing peers.

We may be the next decade’s Vietnam!

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