Save or Share this Report

For Sourcing & Vendor Management Professionals

Tumbling Euro Adds To European Clients' Offshoring Hurdles

July 1, 2010


  • By Sudin Apte
  • with Christine Ferrusi Ross,
  • Philipp Karcher

Why Read This Report

In 2009 Forrester's research showed Continental European firms' increased interest in offshoring. We observed many German, Nordic, Dutch, and French companies engaging with Indian providers, possibly signaling a longer-term shift toward higher adoption of low-cost resources for IT services. However, recent developments in the European economy in light of the Greek debt crisis coupled with the highly volatile euro are set to spoil the offshore party. This time it will be services providers who will be less interested in Continental European business because of how it will impact their profitability. IT services buyers need to ready themselves for midterm and even unplanned negotiations with Indian providers who may demand billing rate hikes to protect their margins as well as new clauses to handle currency fluctuation in efforts to mitigate their own risk.

Get Access

Already a Client?

Log in to read this document.

Become a Forrester Client

Customers are the new market-makers, reshaping industries and changing how businesses compete and win. Success depends on how well and how fast you respond. Forrester Research gives you insights and frameworks aligned to your role to shorten the time between a great idea and a great outcome, helping your teams win in the age of the customer. Contact us to learn more.

Purchase Report

This report is available for individual purchase ($499 USD).


Tools And Templates

Models and Calculators

calculator icon
  • European Economies Face A Strong Recession And Show Slow Recovery
  • The Euro's Plunging Value
  • The Falling Euro Means Offshore Vendors Get Less Money In Hand

Recommended Research