The Reckoning for old IT service and outsourcing Firms

The biggest IT services and outsourcing firms could be in for the roughest adjustments they’ve seen in years. They will almost certainly have to shed data centers and possibly thousands of workers. Why is this shift occurring and why now?

There are three major forces undergoing change today: software buyers, software vendors and IT in general. Let’s look at each in detail.

End of the Industrial IT era

Today’s-market-sommerThe Industrial Age was not a pretty sight. Yes, it enabled great leaps forward in productivity and efficiency. It made thousands of products more cost effective to produce and purchase. During the Industrial Age, powerful steam and electric powered devices could assume the work of people especially where the work was potentially dangerous, required lots of exertion or was hugely repetitive.

Read more at: The Reckoning for old IT service and outsourcing Firms (diginomica)

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