Eighty-nine percent of U.S., British and Asian corporate technology decision makers plan to increase their outsourcing budget over the next 12 months.

A survey conducted at the Patni Computer Systems annual conference PatniConnect, found that 39 percent said they expect to increase outsourcing spending by up to 20 percent over current spending, while 11 percent plan a 50 percent or more increase.

Pricing is not the most important factor in selecting an outsourcing partner, the survey found.

Twenty-four percent said cultural fit is the top factor for incorporating outsourcing strategies, and 24 percent said the most important factor is quality of service. Fourteen percent of respondents said price is their single most important factor in selecting an outsourcer.