Battle of the Brains

Congrats to 上海交大, the 2005 World Champions in the 29th annual ACM-ICPC. It's noteworthy that no American school (despite a large presence of nearly 20 teams participating) placed among the top 10 teams this year while no Indian team has ever won a gold medal. Canadian (Waterloo), Northern (KTH and NTNU) and Eastern European (Moscow and Wroclaw) teams have been consistently formidable in recent years. Could this portend a future trend in IT outsourcing?