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- What is BPO?
- What is Software Outsourcing?
- Outsourcing Statistics
- What is outsourcing?
- What is offshore Outsourcing?
- Best Contact Center Outsourcing Destinations
- How to select BPO Companies?
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When it comes to singling out the most popular destination for IT outsourcing, one name very well stands out of the rest?India! In all its glory India in the past three years has become the most popular destination for IT outsourcing with more that 230 fortune 1000 companies using its outsourcing services. So what is it that gives India its popularity? Let's look at some major factors:
Major factors making India a popular IT outsourcing destination
1.) Skilled workforce in India:
India is brimming with knowledge and has in abundance English speaking, hard working and technologically strong, computer literate workforce that not many countries can boast of. This plays a major role in making India the most sought after outsourcing destination.
2.) High Cost efficiency of IT outsourcing:
India offers a competitive low cost work force along with extremely low set up costs and services to avail, owing to the wide difference between the personal costs in India and that of developed countries.
3.) Better Infrastructure:
India can offer companies with a better infrastructure in the form of better and cheaper resources, better connectivity, faster communications, cheaper costs, power and developed technology. Another main reason why IT outsourcing to India is increasing.
4.) Better communication facilities:
India is a technologically advanced country and has excellent communication network in the form of telephones, cell phone networks and internet service provides. This enables the companies to be in constant touch with their Indian counterparts which is very important in offshore outsourcing.
5.) Technologically advanced outsourcing firms in India:
India's technology firms offer excellent software solutions. The applications include E-commerce, Business Process re-engineering, System Migration, Maintaining Legacy system, System integration etc. These firms are governed by quality organizations like ISO 9000, SEI-CMM Model, People Capability Maturity Model (People-CMM) and the CMM Model.
6.) Fast growing economy:
Indian economy is fast growing and is advancing at a major pace especially in the technology department. Indian companies export software to more than 95 different countries and stands second in terms of software exports that comes as a proof of India's technological advancement.
7.) Stable government:
India has a stable government at the center that makes an active effort to provide an investment friendly atmosphere at the same time improving communications, infrastructure and aiding technological advancement. India in addition has extremely investor friendly laws and a well laid tax system.
The Bigger Picture
With all these factors aiding India it is no wonder the world's most popular Outsourcing destination in comparison to other even cheaper nations. Of course what needs to be seen now; is as to how long will the party last? But as of now going by the details, India is here to stay as a popular destination for IT outsourcing for a long time to come.
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