Feeds

Offshoring a growing option

Europe warms to sunnier climes

  • alert
  • submit to reddit

3 Big data security analytics techniques

European companies are increasingly keen on offshoring business processes to cut costs, and British companies are even keener.

Almost half of the top 500 European companies plan to move more jobs offshore in the next few years. But Britain and Europe are also a destination for European companies looking to relocate certain services.

Thomas Eichelmann, senior partner at Roland Berger, which carried out the survey, said: "Companies in Europe seem to fall into two categories: a significant portion have already offshored in the past and is planning on further activities, whereas others have no experience in offshoring and are not considering it for the near future."

British companies were the source of 61 per cent of the jobs sent overseas. India gets 37 per cent of those jobs, western Europe gets 29 per cent and eastern Europe 22 per cent.

The UK, Ireland, Spain and Portugal were top destinations for western Europe. More than half of projects take place within Europe but those moving to India tend to be bigger projects with a higher headcount.

Cost savings are the main driver for offshoring and projects typically reduce costs by 20 to 40 per cent. 80 per cent of companies questioned said their projects had been successful.

About 60 per cent of projects involve back office functions like accounts, human resources or IT support. But about a third of projects, or planned projects, involve customer call centres or other customer-facing function.

The survey was carried out on behalf of the United Nations Conference on Trade and Development by Roland Berger Strategy Consultants. ®

Related stories

Accenture accensured for offshore tax haven
Norwich Union axes 950 IT jobs
Offshore to New Zealand, say Kiwis

Top three mobile application threats

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.