Outsourcing its all about saving money right? Wrong!!!

Are you really saving money with outsourcing? A recent study seems to indicate no.
From the study
* 68% say outsourcing is overrated as an IT cost-cutting strategy.
* 67% say the total cost of using domestic outsourcing vendors has been as or more expensive than doing the same work in-house.
* About half (48%) of companies below $1 billion say the same thing.

I have been seeing simial studies for years now but it seems to have not impact on this trend. Why do they keep doing this? The diffinition of insanity is doing the same thing over and over again and expecting different results.

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