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Firms find new way to cut costs. (Baltimore, Maryland; computer outsourcing)(Office: Technology)
More companies turning outward for computer needs
Philip Rowe recounted with a laugh an old saying about the computer services business. "When the economy is good, business is good," said the president of Towson-based Data Processing Support Corp. "When the economy is bad, business is better."
The adage proved prophetic during the recession of the early 1990s, as many large- and medium-sized companies decided to move away from large, in-house computer departments in favor of contractual agreements with outside firms like Data Processing Support.
The numbers tell the story. In pre-recession 1989, the size of the U.S. computer services market was about $6 billion. Five years later, it was $16 billion.
Computer "outsourcing" has become big business, and it shows no signs of slowing. Almost half of the nation's top 25 …
