The ongoing global recession is a concern for everyone in nearly every industry. ­It’s a sensitive subject especially when firms are laying off employees by the thousands. But despite job losses, offshore IT outsourcing is alive. More than 75 percent of major financial institutions in US send IT work offshore, according to Deloitte, the consulting giant estimates that offshore technology spending by banks will increase by 2010 from the present 6 percent of the industry’s $44 billion total annual IT budget to 30 percent.

According to the recent surveys most of IT bosses expect their 2009 budgets either to exceed those of 2008, or to stay the same. More precisely, 44% of IT executives plan to increase their IT budgets in 2009, while 37% plan to leave their budgets at the same level as in 2008 and only 19% of respondents admitted planning to cut their IT budgets.

Another survey shows that 4 out of 10 IT companies plan to add their in-house staff in 2009, most of the companies are going to use offshore resources. The survey of 1400 CIOs from US companies conducted by Robert Half Technology, a California-based search and staffing firm gives optimistic forecast for IT outsourcing in 2009. 43% of companies, which are currently engaged in outsourcing are planning to increase the number of their offshore contracts.

The results of survey conducted by Info-Tech Research company indicates that despite of the economic downturn only 1 in 5 companies are going to reduce their IT budgets in next year. In addition to that, more than 60% of IT departments of the surveyed companies report focusing on reducing costs via offshore outsourcing.

Take into account all aforementioned forecasts we can make a conclusion that IT industry suffered not so much as other industries did. And the positive forecast on IT outsourcing in 2009 is a reality.