Advantages of Offshoring to India
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by: brizgo
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Date: Mon, 19 Dec 2011 Time: 1:19 AM
Offshore outsourcing is the practice of having all or part of a company's business is conducted by firms in other countries with low cost. Most of the organizations from the western world give India top priority in their offshoring negotiations.
Offshoring to India
India has become a leader in the international offshore market. The Indian companies offer tasks at highly competitive rates and also produce quality work. India is the world's second largest exporter of software (after the U.S).
India have large English-speaking scientific and higher education institutions, specialist computer institutes, and low costs of software talent, India has more software companies with ISO 9000 certification than any other country in the world.
Why Offshore Outsourcing to India
Offshore outsourcing has been popular for several years. Countries like India are popular offshore outsourcing locations which offer cost effective solutions. Economical benefits are one of the major reasons to outsource part of your marketing and sales to India. You will get the best quality services using the latest technologies and you will make significant cost savings. Outsourcing your sales and marketing will help you to grow your potential without any capital investment in a very fast manner. Reliable and secure, it maximizes uptime and enhances your performance.
Advantages of Offshoring to India
India is the pioneer in the field of “Knowledge-based” offshoring. India has built tremendous advantages over other countries when it comes to offshoring.
Availability of Large Talent Pool:
India has a large pool of young talented and motivated professionals. The Indian Institute of Technology (IIT) and Indian Institute of Management (IIM) are the institutions of international standing. In over 9,000 degree colleges across the country, English has been the most preferred medium of education for many decades.
The manpower availability, skill base and English knowledge base that an Indian company offers are key factors for success of any IT assignment outsourced to India.
India’s has largest number of technology certified employees (Microsoft, Java, Oracle, Networking and others) which offer an ideal USP for technology centric outsourcing assignments.
Significant Cost Advantage
Outsourcing to India has become most successful ways to increase cost effectiveness. This is largely due to lowering of operations cost, which includes the costs of labor, infrastructure, telecom, and utilities. Many Fortune 500 companies have started outsourcing to India and saved substantial amount of money which is added to their bottom lines. It is estimated that that outsourcing to India, saves nearly 70% than in any of the European or North American countries.
Quality Advantage
India has highest number of CMM/ISO certified companies in all over the world. May Fortune 500 companies like Microsoft, IBM, CISCO, etc. have started their R&D centers in India by tapping the local talent?
Fast Turnaround Time
India and the US have a zonal time difference of about 12 hours, thus effectively giving companies a 24 hours’ work environment. Most of the processing functions are performed during the day time in India, when it is night time in the developed countries. As a result of this zonal time difference, there is no or little backlog in the front end and processing tasks.
Knowledge Professionals
The next paradigm shift in offshore services is going to be from mere business process outsourcing (BPO) to knowledge process outsourcing (KPO). With its world renowned specialty schools like the Indian Institute of Technology (IITs), Indian Institute of Management (IIMs) and several world class medical and law schools, Indian service firms can move up their clients’ business value chain by supplying value-added, research-based analytical services, instead of run-of-the mill back office services, while maintaining their cost advantage at the same time.
Infrastructure
Presence of a robust infrastructure (telecom, power and roads) in the country
Government has taken steps to ensure that telecom remains priority area
Regular, reliable, uninterrupted power, a major necessity for running services
Businesses, has also received substantial attention from the Government
Roads and highways scenario in India has also witnessed major improvements
The Most Commonly Outsourced Streams of Business Include:
I T outsourcing
Legal outsourcing
Content Development
Web Design and Maintenance
Recruitment
Logistic
Manufacturing
Technical/Customer Support
About the Author
We provide software development services to industries all over the world. Our solutions are based on cutting-edge technologies and can be integrated into any existing IT environment or adjusted to your mainframe system. BizGo offers business consulting and off-shore outsourcing services.
For more information please visit http://www.brizgo.net
