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Businesses

+ - No New Spending on Outsourcing in 2007

Submitted by
DebNY
DebNY writes "CIO Insight has released a report that says that while IT budgets at midsize firms are up 8.6 percent this year, spending on outsourcing remains flat. Inestad, mid-market companies will build up their own capabilities, particularly in virtualization, business intelligence and disaster recovery. This seems to contradict an earlier report from eWeek that claims that CIOs will increase their spending with external service providers significantly in 2007."

Long computations which yield zero are probably all for naught.

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