Globalization is everyone is connected and the same playing fields. Information technology is a key enabler of globalization, and globalization has significantly affected the field of IT. Many IT jobs are outsourced in many countries. The main engine of growth is Asia Pacific, Eastern Europe, Middle East, and Africa.
Outsource is when an organization acquires goods and/ or source from an outside source. The term off shoring is sometimes used to describe outsourcing from another country. Off shoring is a natural outgrowth of globalization. It projects continue to rely more and more on outsourcing, both within and outside of their country boundaries. Organizations remain competitive by using outsourcing t their advantage. For example, many organizations have found ways to reduces costs by outsourcing.
A virtual team is a group of individuals who work across time and space using communication technologies. Team members might all work for the same company in the same country, or they might include employees as well as independent consultants, suppliers, or even volunteers providing their expertise from around the globe.
How is it changing IT? IT improving their enterprise architecture to ensure that infrastructure and business processes are integrated and standardized. IT projects become more familiar with negotiating contracts and many other issues, including working on and managing virtual teams.