Getting Offshore

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Application development offshoring for both project-specific work and maintenance-related activities has gained tremendous momentum in the technology departments of Wall Street firms over the past two years. Offshoring is no longer a new idea; rather, it is a critical reality and a valuable tool for CIOs to deliver the same, and in some cases better, quality at a significantly lower cost. A third-party developer in India, for example, costs between 60 to 70 percent less that a developer in a

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