PLYMOUTH, MASS - January 29, 2012 - Job creation: it's a hot topic these days, as the Republican presidential primary is in full swing and the White House is pushing companies to bring jobs back on U.S. soil.
Where differing sides of the political spectrum rarely find a subject on which to agree, it seems domestic job creation is at the top of everyone's current agenda. Though the unemployment rate unexpectedly dropped to 8.5 percent in January, the job market is still vulnerable with the unemployed staying out of work for an average 41 weeks. As Republican presidential contenders make their campaign rounds and take the stage in televised debates, the issue of how to create more jobs in the U.S. is front and center. Similarly, the White House recently emphasized the importance of bringing back to the U.S. jobs previously sent overseas, alluding to plans for a series of tax breaks for companies to accelerate the return of jobs.
This bi-partisan focus on the need for domestic job creation parallels what WaveCreste, a rural-sourced provider of software and IT solutions, has deemed 'rural sourcing' all along: companies - not just the American job market - will actually benefit when working with domestic, on-shore resources. This is because the cost-effectiveness of offshore outsourcing no longer outweighs the drastic efficiency lag that comes with overseas providers.
The offshoring and overseas outsourcing trend burst onto the IT scene in the late 1990s and early 2000s, as companies scrambled to update their software for Y2K readiness. Over time, the appeal and cost-savings associated with offshoring has been in constant decline. Rising wages in emerging IT markets overseas have yielded reduced cost savings to U.S.-based clients. A weakened U.S. dollar has further reduced the real economic benefits. Several factors negatively affecting offshore efficiency and software quality have emerged, including poor collaboration between on-shore and off-shore teams, vast time zone disparity, high turnover, cultural barriers and a lack of transparency, which have left many American companies fed up with the hassles and shrinking savings associated with utilizing offshore IT resources.
WaveCreste's rural-sourced model utilizes employees in domestic U.S. rural communities, where overheads and employee cost-of-living are lower than in urban and suburban areas. As a result, clients are able to achieve substantial cost savings while avoiding the many downsides to offshoring - all the while retaining a greater level of control and managing corporate culture more effectively. WaveCreste employees are native English-speakers working in U.S. time zones typically just a short visit away from its clients. Additionally, working with a domestic partner such as WaveCreste alleviates legal concerns that can burden clients who take their work offshore, such as contract enforcement and intellectual property rights.
"We love that we're putting Americans to work and helping to bolster the U.S. economy, but that's not the primary reason our business model is valuable," WaveCreste CEO Chris Burton said. "Our clients actually enjoy enhanced cost-savings and efficiency over using offshore resources, which affects their bottom line. Companies choose to work with us because they are focused on their total costs and the results delivered rather than rate-per-hour."
WaveCreste is an IT professional services, consulting and outsourcing company helping clients in the telecommunications and high tech industries leverage technology to improve business results. WaveCreste's unique rural sourcing service delivery model features U.S.-based solution centers and enables substantial cost savings without the hassles and risks of offshoring. Headquartered in Plymouth, Massachusetts, WaveCreste employs more than 300 systems professionals and has been delivering value to clients since 2001. To learn more, visit the company's website at http://www.wavecreste.com