Asia is getting competition from South America in the arena of IT outsourcing. It is expected that Brazil would give a tough fight in IT outsourcing arena and remove its label of being a hub for automotive components. A latest report from Frost & Sullivan states that the IT infrastructure outsourcing market of Brazil will register a stupendous growth in the years to come. By 2012 the IT outsourcing industry of Brazil will garner revenues worth $3.3 billion. All this will be possible as a result of introduction of open communication networks coupled with opportunity for managing a number of networks remotely.
In the future IT outsourcers would have to fight for contracts as rising competition has increased the number of players in this arena with diversified portfolios. Now IT infrastructure outsourcing providers are in search of complete end-to-end outsourcing contracts in order to overcome price deflation in the market. Countries such as India and Philippines would surely have a tough time fighting Brazil in this arena.
Via ihotdesk
