Events
Outsourcing Re-imagined for the Win
News
India remains preferred global destination for BPO outsourcing
India has acclaimed the distinction of intellectual capital of the world. India’s wealth is the abundance of technically skilled manpower. Report indicate that more than 65% of the offshore IT outsourcing and BPO market has been captured by India, making the leader in the BPO outsourcing. According to NASSCOM, the technical talent in India supports more than 40 % start-up in Sillicon Valley and about half of the Fortune 500 companies.
Although the countries like China, Philippines, and Mexico have stepped into the segment, India continues to remain the world’s favorite IT outsourcing destinations in the specialized industry domains – Healthcare, Financials, Telecommunications, Manufacturing and others.
The primary drivers for India as the preferred outsourcing destination include the following:
India has acclaimed the distinction of intellectual capital of the world. India’s wealth is the abundance of technically skilled manpower. Report indicate that more than 65% of the offshore IT outsourcing and BPO market has been captured by India, making the leader in the BPO outsourcing. According to NASSCOM, the technical talent in India supports more than 40 % start-up in Sillicon Valley and about half of the Fortune 500 companies.
Although the countries like China, Philippines, and Mexico have stepped into the segment, India continues to remain the world’s favorite IT outsourcing destinations in the specialized industry domains – Healthcare, Financials, Telecommunications, Manufacturing and others.
The primary drivers for India as the preferred outsourcing destination include the following:
- Large Talent Pool
- Leading Technology Skills
- Reliable Infrastructure
- Cost Effective Performance
- Quality of Service Delivery
- Supportive IT Policies
Publications
- Business Process Outsourcing – The Competitive Advantage, Rick L. Click, Thomas N. Duening
- Outsourcing Wild Ride – Gartner report