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Controlling it all made sense, the argument went, when markets were rudimentary: when supplies of vital materials were limited or contractors could cheat you. As markets became more sophisticated these justifications fell away. Thanks to globalisation, companies could always find new resources and better suppliers. Yet a growing number of companies are having second thoughts. This is most visible in information technology.

长难句解析：

Controlling it all made sense, the argument went, when markets were rudimentary: when supplies of vital materials were limited or contractors could cheat you.

这种观点说的是，在市场还处于原始状态时，什么都要控制是有道理的，因为关键材料的供应有限，或者承包商可能会欺骗你。

As markets became more sophisticated these justifications fell away.

随着市场变得越来越成熟，这些理由都站不住脚了。

Thanks to globalisation, companies could always find new resources and better suppliers.

有了全球化，企业总是可以找到新的资源和更好的供应商。

Yet a growing number of companies are having second thoughts.

然而，越来越多的公司另有考虑。

This is most visible in information technology.

这在信息技术领域尤为明显。

The industry’s leaders were at the heart of the contracting-out revolution.

行业领袖们本来是处于外包革命的中心。

Vertically integrated companies such as IBM outsourced as much as possible in order to lower costs.

IBM等垂直整合的公司尽可能地进行外包以降低成本。

Upstarts such as Microsoft prospered by focusing on a narrow—but exceptionally valuable—slice of the pie: the operating system of personal computers.

新贵如微软则是专注于一块非常狭窄但价值极高的蛋糕——个人电脑的操作系统。

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