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IT | "Outsourcing in India: Emerging Trends & Challenges with Reference to Global Perspective"

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Outsourcing in India: Emerging Trends & Challenges
with Reference to Global Perspective

- by Sheeba Rehman *

Previous

Page - 10

  • The growth of the captives, organizations owned and operated in a foreign country by a parent firm. Here the offshore workforces are employees of the parent company, not an outsourcing supplier.

  • Outsourced e-commerce: Sending e-commerce out of house is an increasingly popular choice for businesses.

    • Source: Data collected from www.outsourcingtypesettingservices.com

    The Global Market: To improve business performance outsourcing of business processes and functional activities is one of the options available. Companies that employ outsourcing are more financially stable than are those that do not.

  • 35-55 percent savings in relevant costs for some global companies.

  • 23 percent of IT services will be delivered from offshore centers by 2007, compared with only 5 percent this year.

  • According to International Data Corporation (IDC), global IT-enabled services market will account for revenues of $ 1.2 Trillion by 2006.

    • 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.

    Next

    * Contributed by: -
    Sheeba Rehman,
    Sr. Lecturer - Management,
    IMS, Noida.
    Article posted on November 2, 2008.

    Post Your Comments       |       E-mail to Friend       |       Want to Contribute

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