According to a CNET paraphrase of an IDC report, IT outsourcing fears misplaced. But the article contains this seemingly absurd statement: "Services tasks that may be affected by offshore outsourcing include maintenance and support, implementation and operations--activities that IDC views as requiring low skills and that involve repeatability. Hardcore business work such as planning, IT education and training will remain relatively resilient against the offshore trend."
I'm reluctant to expend the journalistic mojo required to actually get my hands on the report, but once again we seem to have a case of software development being lumped in with IT in one definition and excluded in another (at least, if you assume that not even IDC thinks that software development "implementation" requires low skill).