| Why should I consider outsourcing? This
| |
| | market is likely to touch US$142 billion
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| is the first question comes to our mind
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| | in 2009, against the current cost of
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| when We think of outsorcing. I'll be,
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| | US$532 billion for these services. The
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| without making a foundation, quickly list
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| | difference of US$ 390 billion represents
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| out the benefits:o Survive and be stable
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| | the net saving the US economy can expect
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| in tough compititiono Cut those hefty
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| | from offshoringo Such savings have a huge
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| Expanses:o Increasing payoutso Employee
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| | economic impact on dollar savings,
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| Benefitso High Infrastructure costo
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| | leading to value creation for
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| Recruitment costso Other overheadso
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| | shareholders and the common mano US
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| Talented and experienced staffo Better
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| | banks, financial services and insurance
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| production, lesser disappointmentso Meet
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| | companies have saved US$6-8 billion in
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| deadlines, ando Focus more on growth than
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| | the past four years owing to IT
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| production problemsNow if we go specific
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| | outsourcing to Indiao Helped by these
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| about outsourcing to India:o Cheaper,
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| | savings, companies have prevented layoffs
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| experienced and English speaking talento
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| | and instead added 125,000 more jobso
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| Currency differenceo Time Gap Advantage
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| | Offshoring to India has resulted in
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| (India works while west sleeps)o Stong
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| | quality and productivity gains of the
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| hold in IT service sector outsourcing.
| |
| | order of 15-20 percento US BFSI sector
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| 85% of US and UK market.!o Growing
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| | has managed to register customer
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| outsourcing reputation. Let's have a look
| |
| | satisfaction of almost 85% due to
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| what NASSCOM has to say:"Despite the
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| | Offshoring to India vis-a-vis their
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| challenges such as slow growth of IT
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| | European competitorsWhat can we outsource
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| spending globally, a jobless recovery in
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| | to India?* Medical/Insurance Process*
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| major markets and appreciation of the
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| | Business Process* CADD and Solid
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| Indian rupee [against the U.S. dollar],
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| | Modelling* Help Desk / Customer Support*
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| the Indian software and services industry
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| | Call Center* Architecture* Game and
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| has been able to maintain its growth
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| | Graphic development* Chartered
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| momentum and consolidate its partnership
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| | Accountants and other Accounts
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| with overseas customers, adding to their
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| | oursourcing* Software development*
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| competitiveness," _ Jerry Rao, chairman
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| | Graphic and web design* Medical
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| of NASSCOM.Furthermore Nasscom says:
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| | Transcription,* and much moreI guess we
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| Recent studies on the benefits of IT
| |
| | have got a long list of benefits one can
|
| outsourcing by business intelligence
| |
| | get from outsourcing. We are also aware
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| organizations such as McKinsey & Co. and
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| | of India's contribution to the
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| other leading research companies have
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| | outsourcing world.
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| indicated the following:o The ITES/BPO
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| |
|
