India China are leaders in offshore services

IT research firm Gartner Inc said that India and China continued to remain undisputed leaders for offshore services in 2008, but the dynamic nature of the market has seen countries such as Egypt, Morocco, Panama and Thailand emerge as credible alternatives.

Gartner has assessed the suitability of 72 countries as offshore locations and has announced its ‘Top 30’ countries for 2008.

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“Countries such as Mexico, Poland and Vietnam have continued to strengthen their position against leading alternatives, while others have forced their way into the ‘Top 30’.

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“These countries will be seeking to take advantage of the opportunity created by the increased focus that many organisations now have on cost optimisation, as a result of the current economic crisis,” said Mr Ian Marriott, Research Vice-President at Gartner, said in a press release.

During the last 12 months, there has been significant activity in many countries to consolidate or grow their positions as leading locations for offshore services. “As a result of this, four countries have dropped out of the ‘Top 30’ and have been replaced by four that were just outside the ‘Top 30’ 12 months ago.

The four countries leaving the ‘Top 30’ this year were northern Ireland, Sri Lanka, Turkey and Uruguay.

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India China are leaders in offshore services