Thirty-one cities are identified by KPMG research as potential new outsourcing hubs to rival Bangalore and Shanghai, reports AccountancyAge.
Among those named in the report, "Exploring Global Frontiers," were Buenos Aires, Argentina; Calgary, Canada; Brisbane, Australia; Penang, Malaysia; Belfast Ireland; and Belgrade, Serbia. The cities offer, in varying degrees, lower labor costs, younger populations, government incentives, multiple languages and proximity to major client bases.
But this vnunet.com piece warns that new sites need to be evaluated carefully. Rex Parry, a partner at international law firm Eversheds, in particular advised scrutiny of legal rules on IP ownership, tax and data protection in that country.