Offshore Outsourcing
Offshore Outsourcing has proved to be a deciding factor for companies that offer cost and quality edge in a competitive market. The success of Offshore Outsourcing relies on the word "Customer Satisfaction". Our Offshore Litigation provide reliable, quality, and value added services to focus on your core business needs so that you are assured that a dedicated offshore outsourcing team is working for you.
Offshore Outsourcing has proved to be a differentiating factor for companies, offering cost, time and quality advantages. Today, it is a common practice to look to distant shores for:
- Expertise in latest technology
- Rapid deployment
- Lowered Costs
The elusive key to a successful Offshore Outsourcing venture resides in a twelve-letter word "relationship".
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Benefits of Offshore Outsourcing
- A technical and functional edge on the competition, without capital investment
- Faster development and start up
- Lower cost
- Enhanced performance
- Reliability
- Security
- Maximizes uptime
- A more effective operating environment at the backend
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Future of Outsourcing
Outsourcing is here to stay. In a highly competitive business environment, companies need to stick to their core competencies and go for strategic outsourcing to reduce their costs and become more effective in their services to their customers. Outsourcing will be looked at as an essential business skill. A companies' success in managing their outsourcing relationship will determine its business success.
The economic benefits from offshore outsourcing will create more than 337,000 jobs by 2010, according to the study, by Global Insight Inc. ITAA called offshore outsourcing a "net positive for American workers and the US economy".
According to Gartner, Indian-Business Process Outsourcing companies are acquiring companies in the US and other locations with several objectives. These include access to a new market beyond just a toe-hold, with ready resources, clients and revenues, access to a new set of skills or domain and process expertise in the target market, access to a new technology or intellectual property and also greater credibility with target clients, by having a strong local presence beyond just a sales office. This growing trend further highlights the transformation of offshore outsourcing to global sourcing.
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Statistics Related to Offshore Outsourcing
"Global revenues on outsourced medical transcription services in 2005 are already estimated to be at 2.2 billion dollars, with the US market accounting for more than 85 per cent of global demand..." � Source � XMG Study, Jan 2006.
"India controls 44 per cent of the global offshore outsourcing market for software and back-office services, with revenues of US $17.2 billion (euro14.07 billion) in the year ended March 2005..." -Source � Associated Press, June 2005.
�Twelve percent of outsourcing spending in 2005 will involve offshore resources, growing to 19 percent in 2009." �Source-Global Outsourcing, � May 2005.
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