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  1. Technology
February 1, 1998

OFFSHORE DEVELOPERS SET TO CASH IN ON US MARKET

By CBR Staff Writer

Offshore software developers will cash in on the US market, according to a US analyst who has identified a shortage of skilled development staff. David Grossman from NationsBanc Montgomery Securities told the Annual Technology Week conference last week that rapidly changing technology, the explosion of the internet and a demand for enterprise software has resulted in a massive increase in the numbers of jobs available in the US software development market. Grossman says since the mid 1980’s there has been a 40% decrease in information technology graduates, and as a result 10% of software development jobs, which translates to 350,000 are unfilled.

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