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With its
firepower of engineers, chartered accountants, doctors, MBA,
lawyers, research analysts, scientific researchers and PhDs,
India is well positioned to address the global KPO need. The
ready access to a large intellectual pool with domain
expertise in specialized areas, coupled with operative
English language skills.
The myth that
Indian companies can only provide "software coolies" is soon
changing to the reality of Indian companies being capable of
almost anything, even rocket science! India has a large pool
of knowledge workers in various sectors ranging from
Pharmacy, Medicine, Law, Biotechnology, Education &
Training, Engineering, Analytics, Design & Animation,
Research & Development, Paralegal Content and even
Intelligence services.
The KPO advantage
Planning for and managing high-end outsourcing is easier
said then done. For, besides the intent of the sourcing
company, the outsourced partner must be capable of
delivering similar or better quality output at competitive
cost. In that sense, a successful outsourcing relationship
is as much a function of sourcing company's management
skills as it is of outsourced firm's delivery capabilities.
Among the key drivers of high-end outsourcing, cost savings
of anywhere between 40 and 60%, is the primary incentive.
However, cost alone cannot be the key driver, at least in
the case of high-end outsourcing.
In financial research outsourcing what really matters is not
a few pounds saved by chasing cost. Rather, it is the
capability, rigour, resources, rapid turnaround times and
the ability of the outsourced partner to adapt to client's
requirements and processes and deliver to specifications.
In many cases, outsourcing institutions typically have
'their way' of working and looking at the market. For the
outsourced partner, it then becomes imperative to be agile,
resourceful and skillful to learn the client's 'way' without
impinging too much on the latter's time.
Keeping the learning curves short, ramping up quickly and
delivering quantity without diluting quality are the most
important attributes for the outsourced partner. In a way it
is tricky, but successful outsourcing companies know how to
make maximum of client's time and advice. They basically do
their homework well. And well in advance.
Please contact us today
to experience India's intellectual potential and join
Fortune 500 companies who have outsourced their businesses
to India.
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