Although frequently misunderstood and controversial, technology consulting outsourcing provides economic efficiency and promotes wealth on a global scale. IT outsourcing is a process that allows third-party providers to perform portions of a company's internal information technology functions, both on site and from offshore locations. Large-scale IT outsourcing began about 25 years ago, when companies realized that they could achieve costs savings while freeing up internal IT staff it concentrate on more strategic projects.
It is estimated that offshore IT outsourcing growth will likely be much faster than IT services spending in general going forward. Cognizant Technology is a market leader in the filed of IT consulting outsourcing, with a focus on management, technology, HR and other types of advisory work in the high growth verticals of healthcare and business processing.