We saw similar between 2005ish-2015ish. Lots of offshoring where you could get whatever you 'wanted' built, but it was exactly what you 'wanted' and not what actually made sense.
By this I am referring to contract houses that weren't quite 'code genies' but still would deliver products that were barely workable upon delivery. More than one shop I worked at over the last decade actually -suffered- from this.
Magically, most orgs who could figure out how to deliver even semi passable/realistic functional requirements could get the same done in house for a LOT less money.