Changing market conditions are shifting the preference for and suitability of sourcing locations. The U.S. is at its most favorable as a strategic destination, particularly for financial services institutions.
Many traditional outsourcing locations have undergone profound macroeconomic and geopolitical change (e.g., wage inflation, currency appreciation/depreciation, political instability, and skills shortages), undercutting their longstanding dominance as market locations of choice for sourcing.
In addition, the following are gaining prominence as factors in the selection of an offshore location:
Together these factors make the U.S. an increasingly attractive location for sourcing.