India, a land of rich human resource, is an ideal destination for outsourcing. With highly qualified, intellectual human resources, India offers services at a cost, which is very much lower than the prevailing operational rates across the globe.
Qualified and educated manpower is the unlimited and unharnessed potential, that India offers to the world. This is amply and clearly brought out by the fact that India has:
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| The largest number of Doctors and Engineers in the world
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| An astonishing 35% of Software Engineers the world over are Indian
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| A software industry which is globally amongst the top five, with an annual growth which is highest in the world
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| An education system which has English as its basis - most educated Indians think professionally in English
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Some of the Key benefits of outsourcing to India include:
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| Access to leading practices:external service providers give companies access to an extensive, highly specialized knowledge base.
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| Clearer strategic focus:allows managers to focus on core competencies and strategic issues rather than on routine, time-consuming activities
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| Better resource allocation: can help shift the traditional focus from transactional activities and reporting to the delivery of forward-looking information and value-added business analysis
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| Improving service quality and productivity which in turn reduce response time, deploy solutions faster and improve system availability
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| Improve performance - Maximize the performance of an organization's enterprise client/server computing environment, through the use of the latest technology and an outsourcer's performance management tools and expertise
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| Achieving cost effectiveness as well as cost reductions
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| Significant cost savings, up to 80% in certain cases
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| While it can be quite difficult to recruit the expected competence in western countries, it is a completely different scenario in India, where there are lots of available programmers, with a good academic background
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Time and labor cost differentials can be utilized to achieve quick turnarounds and lower prices. The resulting benefits, in time and money, brings significant value to global outsourcing companies |
