April 20, 2005

According to a new study released by IDC, China and India are experiencing massive growth in the number of professional software developers between 2003 and 2008, with compound annual growth rates of 25.6% for India and 24.5% for China. This growing supply of inexpensive IT talent will continue to exert pressure for U.S. and European companies to outsource large parts of their IT infrastructures.

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The IDC Report Summary