Image Gallery: 12 Offshore Hot Spots For IT Outsourcing

India is still the dominant player when it comes to IT outsourcing, but other regions are gaining ground. Here's a look at some of the places, vendors, and institutions that will play a big role in globalization's next wave.

Dnepropetrovsk, Ukraine
Numerous software developers, including Johannesburg-based Actual Reality Systems, MetaSoft, and others have opened development centers in the Ukraine to take advantage of the region's competitive costs and large pool of skilled technologists -- many of whom were employed in the former Soviet Union. The Ukraine comprises 1% of the world's population, but 6% of its scientists.