Wednesday, 13 July 2011

Why outsourcing is on the upward trend?

Globalization and de-regulation has changed the entire face of business and the companies are about to receive the new business model, ‘outsourcing’. The new atmosphere speeds up business processes, eliminating administration costs and improving efficiency.
  • Cost saving by 40-50%
  • Reduce investment risk
  • Get access to specialized skills
  • Faster development and start up
  • Conservative companies to experiment with going offshore to withstand competition.
    Outsource
    Outsource to India
  • Broadening of the IT services offered by the experienced vendors.
IT giants have been increasingly on the lookout for outsourcing partners to help serve their customers better and also to compete he
ad on with local IT players. Indian Outsourcing centers have been constantly growing as top outsourcing destinations and 2012 would see them gain more prominence. Firms like O2U have already established a strong presence.
Buyers are growing more interested in offshore services delivered in India. And service providers will continue to shift their delivery centers to markets such as India and not simply to address issues such as wage inflation or staff attrition. They want a piece of the business in hot emerging markets. “Strong outsourcing market growth will be in geographies with strong economies led by India.

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