European service providers plan to increase offshore assets by 65%

According to a new IDC study, European service providers are quickly building up offshore capabilities. Large and medium-sized European service providers have already established themselves in a number of offshore locations such as India, Eastern Europe, and South America to compete with offshore-based and global service providers such as Tata Consultancy Services, Wipro, IBM, and Accenture, and plan to increase their offshore assets by 65% during 2006.