UK firms wasting £1.5m offshoring - Centrix

IT services consultancy, Centrix conducted a survey of 100 large UK companies, including five high street banks and found many are sending a wide range of business processes, such as loan requests and mortgage applications, together with their associated software applications offshore for process sing, and then emailing them back to the UK. This in turn creates an increase in demand for bandwidth that is commercially prohibitive says Centrix. The consultancy says that as a result firms have to develop bespoke web-based applications, at an average cost of £2 million and a two-year develop...