IT Outsourcing: Will it Continue to Grow in 2012?

Overall demand for IT services will continue to grow in 2012 as productivity efficiencies from IT are now a well-accepted reality, according to a senior executive of a major IT service provider.

In an exclusive interview with the International Business Times, Murali Gopalan, who is the CIO of UST Global, a U.S.-based company with development centers across India, says that new investment projects in IT might suffer in the short and medium term due to the restraint in capital investments by companies. However, overall investments in IT projects for increasing efficiency will surely continue to grow worldwide. This will be augmented by "lights on" IT engagements that ensure operational efficiencies of companies.