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Word: teche (lookup in dictionary) (lookup stats)
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...couple of month ago, India's chief finance minister may have made calls to the heads of IBM and several other large U.S. tech companies to tell them that the huge developing nation was hemorrhaging high-end tech jobs. Whether the call happened or not, looking at statistics from India it would be easy to see that the costs of outsourcing technology work to firms based there is dropping as unemployment in the country rises...

Author: /time Magazine | Title: IBM and the Rebirth of Outsourcing | 3/26/2009 | See Source »

...even among highly educated adults, are falling. American workers should be available for employment at salaries much lower than they were two years ago. But, it appears that IBM has elected to move jobs offshore rather than keep them in the U.S. despite the trend of more tech workers losing their jobs here...

Author: /time Magazine | Title: IBM and the Rebirth of Outsourcing | 3/26/2009 | See Source »

...study found that among hospitals that had implemented digital records - which tended to be teaching hospitals and larger hospitals in urban areas - 82% had received additional reimbursement for EHR use, and 75% got financial incentives for adopting the system. It also helped to have adequately trained staff and available tech support, which the authors suggest we'll need more of to make progress - particularly when it comes to the exchange of health information between hospitals. Try getting any two offices in any industry to integrate their computer systems so that all the software can talk to all the other software...

Author: /time Magazine | Title: Electronic Health Records: What's Taking So Long? | 3/25/2009 | See Source »

British engineering firm Xtrac has come a long way in its 25 years. From two tiny offices, the company, which designs and manufactures hi-tech gearboxes for racing cars, now occupies a sleek, 88,000 sq. ft. (8,200 sq m), purpose-built site in Berkshire, a one-hour drive west of London. Xtrac sells its lightweight, high-strength components to the majority of teams competing in Formula One, motor racing's blue-ribbon championship. But the road ahead suddenly seems a lot bumpier. With Formula One teams racing to cut costs amid the economic downturn, Xtrac is selling fewer...

Author: /time Magazine | Title: Formula One: Behind the Wheels | 3/25/2009 | See Source »

...them through the season, cope with a lower limit on engine revs and learn how to handle cars that have undergone fewer hours of wind-tunnel testing than last year's. But the new rules won't just show up on the track. For thousands of high-tech suppliers like Xtrac, many of them clustered around Oxford in southern England, recession-era racing and shrinking budgets are the next big challenge. The industry is typically "very resilient, and very resourceful," says Chris Aylett, head of Britain's Motorsport Industry Association. But for a few, "there will be genuine job losses...

Author: /time Magazine | Title: Formula One: Behind the Wheels | 3/25/2009 | See Source »

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