Authors:
Liam Friedland
Offshore outsourcing (offshoring) of software development is a trend that has been on the rise. When the tech bubble burst in 2001, software companies saw their revenue drop while having to compete aggressively to win new business. In this economic climate, companies sought ways to cut costs while still delivering high-quality products. The technical workforce represents a significant portion of the operating expenses for a software company. On average, the fully loaded costs for a software engineer in Asia or Eastern Europe range between 30 and 50 percent less than their U.S. or European counterparts. And it's not simply…
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