DONALD TRUMP AND IMPACT ON OUTSOURCING OF IT FOR USA
Experts have critically appraised all possible and leading impacts that Donald Trump, being the new USA president-elect, could have on the level of outsourcing of IT services jobs. The results culled from such research have revealed, however, that the outcomes might not be as excellent as conceived by the majority of the populace.
In one of his interviews, Donald trump mentioned that history records Americans as one of the frontiers as regards job theft, and as a repercussion, myriads of companies are moving out jobs, especially those involving IT services jobs from the US, even to countries like China, Mexico, Singapore and India, as it were.
To buttress the point stated above, the IT industry in India makes a clear-cut whooping 60% of its $100 billion plus in terms of revenue from the US via the IT services jobs. Asides outsourcing IT services jobs, the United States IT industry was also known to outsource data entry services as well as data processing services.
Some researchers believe, however, that Clinton might have had a more successful impact on the IT sector, if she had made it to the White House. Their reasons stemmed on the fact that she provided succor in automatic green cards for some foreign students who earned STEM (Science, Technology, Engineering and Mathematics) degree at a university in the US. In addition, it is likewise believed, that there is a high degree of lack of adequate technical know-how among the IT professionals in the US; this is because the US is still seen as being a bit lower in terms of IT as compared to a country like India. The effect of this, would be an overtly increase in the level of income and development in those countries who have received the outsourcing from the US, as well as further decline in the level of employment in the USA as regards the IT industry.
The bitter pill to swallow, yet the truth is that, it is a common thing to find every presidential candidate playing the cards of employment generation, time without number, better jobs etc., so as to gain more votes. What are the chances of this happening? India is known to provide better IT services at a ridiculously cheaper rate may be also because $1 is about 67.84 Indian Rupees.
The US president-elect has promised to restore all “lost” IT services jobs back to Americans in his 15-point poll agenda. If this happens, there would be a tremendous increase in the level of income, IT employment opportunities; in the long run, a positive development as regards IT services jobs as well as data entry services within the US, however, it is likewise believed that this could be a big blow to countries benefiting from the outsourcing.
As stated by the Chief Investment Officer, in person of Sunsil Sharma, the IT industry and sector, could suffer a severe negative impact even in the shortest brink in time. Sharma furthered, saying that the United States shouldn’t expect any drastic improvement in the long run, since the cost advantages of a nation like India would supersede the progress.