Tech's Top 10 Hot Growth Companies

Apple and Google continued to log big gains this year. Suppliers to chipmakers and companies in the telecom sector also scored robust growth in 2006

BusinessWeek's Arik Hesseidahl ranks the tech industry's hot growth companies.

Apple and Google soared on the strength of two seemingly unstoppable trends, the iPod and online advertising, respectively.

In addition, memory chips were hot, but it was the companies that supply chipmakers, not the chipmakers themselves, that saw healthy growth.

For a look at BW's picks for the top 10 hot growth tech companies, click HERE.

10 Best New IT Outsourcing Hubs

Companies are moving IT jobs to a widening web of overseas cities — many of them far from Bangalore

Becoming the next Bangalore will mean money in the bank.

Since 2000, the tendency to move key operations outside a home country has added more than 1 million IT jobs to India and an additional 3 million jobs in local services and infrastructure, according to India's IT trade association, NASSCOM.

As labor costs and turnover rates rise in India, companies are starting to send work to other parts of the globe.

Here are 10 cities that are emerging as new outsourcing centers:

1.Buenos Aires, Argentina (Open-source technologies)
2.Bucharest, Romania (Security Systems)
3.Dalian, China (Applications Development)
4. Ho Chi Minh City, Vietnam (Low-to-Medium Applications Maintenance)
5. Mexico City (Custom Application Dev)
6. Moscow (Hi-end s/w R&D)
7. Prague Czech Republic (IT Systems Mgnt Services)
8. St. Petersburg, Russia (Hi-end s/w R&D)
9. Santiago, Chile (IT Infra Services)
10. Sao Paulo, Brazil (Enterprise Resource Systems)

See complete article at BusinessWeekOnline