Australian chief information officers are still somewhat nervous about moving IT services offshore, according to the local boss of Indian outsourcer Satyam, who maintains the delivery model's day has nevertheless arrived.
Outsourcing giant EDS has pressed banks to offshore more IT services to destinations like India, with its managing director Chris Mitchell telling top bankers that offshoring more backoffice operations was the answer to remaining competitive.
New Zealand's largest company, dairy group Fonterra, is considering outsourcing its worldwide information services functions to HCL in India.
National Australia Bank this morning said it was in discussions to buy the local arm of Dutch investment bank ABN AMRO, in a move that could enlarge NAB's IT support operation, already one of the largest in Australia.
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