skilldeal reports more German businesses are turning to Eastern Europe for software development.

According to an IT-consultant skilldeal (Berlin), an increasing number of German small and mid-size businesses are going offshore in the near future, Eastern Europe being the most likely 'near-shore' location.
The German respondents said the main drivers for moving offshore are dramatic cost reduction and highly qualified IT-experts.
According to skilldeal, "Developing trend-setting IT-solutions presents a great challenge to developers and managers. In order to save costs, companies contract out labor-intensive tasks abroad. The unrivalled price / performance ratio of this so-called ‘offshore development’ finds more and more interest among companies."
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As outsourcing matures, R&D starts going offshore. Read this article by Computerworld.

According to Computerworld, corporate America is becoming increasingly comfortable with offshore development, and is sending substantially more sophisticated IT work overseas.
Large businesses such as Google Inc. are often turning to foreign workers not for their willingness to work for lower wages, but for their technological expertise and talent. Other companies are equally keen to harness cost-effectiveness and faster time-to-market associated with offshore.
Be sure to browse the whole story
here.
PWI's report unveils Russia's extraordinary potential as a premiere OSD location.

PWI says Russia's untapped talent-pool can make the country a premiere source for advanced development services and specialized technical innovation in the near future.
According to PWI, "Russia has clearly earned a place within the second-generation sourcing network – possessing the fundamental assets of an attractive offshore resource, (low labor cost, vast talent pool, good communications infrastructure, and high quality output), combined with human and intellectual capital attributes not available or as readily available through any other offshore destination."
Full story is freely available
here.
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