What happens to IT when global firms retreat

By Bart Perkins

The early 1990s were a wonderful time for global firms. China, India and the countries of the former Soviet Union opened their markets, and the European Economic Area (now the EU) was established. Businesses began to standardize their operating model and created, in the words of IBM’s CEO Sam Palmisano, “the globally integrated enterprise.”

Today, a number of global firms are struggling. Wages in many low-cost countries are rising. Local firms are becoming fierce …read more

Source:: IT Management