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Forrester Ups Job Migration Forecast Print E-mail
Written by Mike Buetow   
Tuesday, 18 May 2004
CAMBRIDGE, MA, May 18 -- Citing a "herd mentality," Forrester Research has raised its estimate of how many U.S. services jobs will go offshore in the near term.

The tech research firm now forecasts 830,000 jobs will be moved abroad by the end of next year, an increase of 240,000 from the firm's predictions 18 months ago.

Forrester reiterated its previous projection of 3.3 million by 2015.

In a press statement, Forrester said the near-term increase is driven by:

  • Visibility has encouraged more conservative companies to experiment with going offshore to protect themselves competitively;
  • A broadening of the IT services offered by offshore vendors like Wipro and Infosys;
  • The establishment of captive offshore centers by user companies for business process outsourcing (BPO);
  • Onshore IT technology and services vendors setting up shop in locations like India, China, and Belarus to develop/maintain products or provide lower-cost services.

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