$17 bln of IT services will go offshore by 2008

IDC said the worldwide market for offshore IT services will grow from nearly $7 bln in 2003 to $17 bln by 2008. Most offshore spending by U.

By ZDNet Editors for IT Facts | October 25, 2004 -- 09:59 GMT (02:59 PDT) | Topic: Developer

IDC said the worldwide market for offshore IT services will grow from nearly $7 bln in 2003 to $17 bln by 2008. Most offshore spending by U.S. companies will be on applications, particularly custom application development, application management and systems integration, IDC reports.