IAM SRTing a New Thread for New Beginnings, page-16

Great post Bodhi. Its not a new concept - to offshore work typically done locally at higher cost and profit off the difference between charge out rates and actual cost. So long as the offshore location is agile (to remain the lowest cost offering) this could work for the long haul. The other challenge will be the rate at which the training can be done (to a good standard) in order to capture significant market share and to maintain work standards when hopping to new lower cost labour providing countries.

Some other curly issues (and possibly opportunities) include the privacy laws for data in foreign countries - do the Australian laws apply in said location - can the data be sold to other parties for additional profit in that country? Network outage contingency - what happens when an undersea cable is cut or a disaster such as typhoon or flood occurs in India, Bangladesh upper Swaziland etc and available bandwidth and local infrastructure is impaired/destroyed? Business continuity planning is important - ask Telstra. Its the kind of things accountants usually forget about because they cost money to address.