Feb 28
US companies benefited more than 50% by outsourcing their business overseas. [...more]
Posted: under Outsourcing.
Tags: Barack Obama, construction, Manufacturing, NASSCOM, Retail
Indian IT industry body NASSCOM has reacted cautiously to US President Barack Obama’s remarks on outsourcing, saying ‘global outsourcing had benefited US companies that generate over 50% of their business overseas’.
NASSCOM president Som Mittal also told ‘American companies generate more than 50 percent of their business outside the US. Their workforce is global. To be globally competitive, they also depend on globally shared services, Obama has, in fact, supported the need to avoid protectionism. We have to see how he would prevent job losses without resorting to protectionist measures’
Citing the latest US state department data on employment, Mittal said job losses in construction, retail and manufacturing were more than in services, especially in the IT space.
He also said ‘Compared to other sectors, job losses in the US tech sector were 2.2 percent as against the overall unemployment rate of 7.2 percent. The US administration will not do anything that would harm its industry or economy, which is driven by the technology leadership its companies enjoy,’
Complete article can be found at Taragana
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Feb 27
In the era of globalisation, the dynamics of doing business has changed massively. Many of the IT based companies have taken lead role in outsourcing business, the prominent of these being, software, software testing, data entry and the BPO. The requirement of data entry was the result of massive globalisation. There are core benefits of [...] [...more]
Posted: under Data entry outsourcing.
Tags: Data entry
In the era of globalisation, the dynamics of doing business has changed massively. Many of the IT based companies have taken lead role in outsourcing business, the prominent of these being, software, software testing, data entry and the BPO. The requirement of data entry was the result of massive globalisation. There are core benefits of data entry outsourcing services, which gives, triumphant path to success to big corporate and the SMEs. The efficient data entry services help not only data feeding process, but also, in managing the data for the future requirements.
Data entry outsourcing gives huge gains either ways. To the outsourcing company, it is the means of building profits in short time, and for client, it is the way that brings efficiency and synchronisation of every process involved in running a company. Various data entry solution providers are reining the outsourcing market and each one of them offer some or the other ready made data entry packages, which can work and outsmart the current business models.
Original article can be found at Articlegimp
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Feb 26
This year 2009 brings with it quite a uncertainty for the Business Process Outsourcing market in the Asia Pacific region. The restructuring of the American financial services industry and the accompanying economic downtrend is effecting the offshoring activity world wide.
The Banking, Financial Services and Insurance sector accounts for a significant percentage of outsourcing business in [...] [...more]
Posted: under Call center outsourcing.
Tags: Banking, BPO, call center, Financials
This year 2009 brings with it quite a uncertainty for the Business Process Outsourcing market in the Asia Pacific region. The restructuring of the American financial services industry and the accompanying economic downtrend is effecting the offshoring activity world wide.
The Banking, Financial Services and Insurance sector accounts for a significant percentage of outsourcing business in Asia Pacic region, second to the Telecommunications vertical. Systemic changes and a flurry of merger and acquisition activity will surely have important consequences for the offshoring such business. Budget cuts are inevitable, and this may lead to a slowdown in growth and increased pricing pressure in the short term, since there will be continued pressure on the financial institutions to cut costs, it is likely that existing contracts will not be scaled back.
Complete article can be found at Businessworld.
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