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Friday, March 7, 2008

RISING OF BPOs AND IT SECTORS

In the past few years,the world,especially India,has considerable rise in Business Process Outsourcing(BPO)'s.
And with the boom in the IT industry in India, many global companies are steeping on to Indian shores to set up BPOs,
thus enhanching career opportunities.Companies look at outsourcing their business processes not only as a proven way to reduce cost,
but to enable greater focus on the core business.Is India ready to face the competition with the other countries like China and Philipines,
which are becoming viable options for outsourcing?
India's competitive edge in the outsourcing sector hinges on its cost effective business model.Certain operations are being outsourced to us,
as we posses a language adavantage over other competitors like China or Brazil.
Eight out ten organisations thinking of outsorcing,think of India first.
"We continue to face the high growth that we have become famous for.There is a lot of talk in the market regarding how the rupee appeciation affects.
Some people think that might get in the way of the growth of the BPO industry-one is the increasing salaries in India and the other is the rupee.
But is you really look at the cost of talent in the developed markets,that is also growing.The basis of offshoring work to countries like India, China and Philipines is not going to go away.

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