Offshore Outsourcing to India - Bane or Boon
Your company enjoys prominence in your type of industry, in fact, you could in the top 1,000 corporations in the U.S., as we speak, so why outsource?
Microsoft, Intel, Cisco, IBM, Google, Amazon, GE, Reuters, and other giant companies tried it and found out, it did not only work, it made a difference!
Outsourcing services to foreign shores have proven benefits, as well as detriments. It is imperative therefore that you submit to the strictest scrutiny, credentials of the outsource service provider, before you enter into an agreement with anyone of them.
An outsource destination becoming a “niche†among globally-entrenched corporations like Hewlett Packard, Dell and Oracle, among others, is – India!
India enjoys a boon in offshore outsourcing. Fortune 500 companies dock on its shores in droves, and most of these companies even set up offices, right at the heart of India’s “Silicone Valleyâ€, Bangalore. Obviously, India fits to a “T†with most of its clients’ demands. What made India a “matchâ€, rather than a clash ? Here are some known factors:
Technical Mastery.
Foresight and a keen business acumen are forerunners of India’s imminent rise to IT dominance. Its government saw the future in IT education and put a stake to it. Now, it is starting to pay off.
India is a gold mine of programmers coupled with academic excellence. At a fraction of the cost paid to programmers in the US, UK and Japan, India can provide a throng of programming experts.
Ongoing Technical Research.
India is one that will not sleep on its laurels. As demand for its IT professionals picks up, it continues to develop and upgrade its specialized base of IT knowledge to maintain its IT prominence.
Good governance and conducive business incentives.
With conducive tax incentives for foreign companies seeking outsource services, and a stable government which runs the affairs of the country and its people, most global companies find India their best outsource stop.
Even time favors India! India’s time zone jibes with US time zone. A round the clock work schedule is followed, thus clients find their business on top of things all the time. The knowledge that your business is closely monitored, 24/7 is everything you could hope for, from an outsource service provider. In India, this is not an option, it is a way of doing business.
Outsourcing benefits.
Outsourcing to India spearheads quality and productivity – solutions are delivered faster, at reduced time. Routine functions, that do not contribute directly to the attainment of company’s revenues can be delegated to outsourcing, thus managerial focus is geared towards competencies that will have impact on the company’s growth and survival.
Company’s resources that are allocated in the performance of non-core operations can now be re-channeled for purposes that can provide more impact, either on revenue or enhancement of competencies.
Latest technology with relevance to maximized output and effective management tools can be shared by both client and outsource service provider.
The bottom-line, however, remains the same. Outsourcing to India appeals to most companies due to reduction of cost, which could be between 60 and 80%!
Now, isn’t it time for yours? Try India.
June 12th, 2007 at 11:45 am
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