Why Outsource to India
Global 2000 and Fortune-class companies either operate in India, or get work done in India, purely for the following reasons:
- Quality
- Cost-effectiveness
- On-time delivery
- Ongoing performance improvement
- Peer group examples
- Client satisfaction
Although currently accounting for less than 2 percent (by value) of the global IT-ITES industry, India is ahead of its peer group and is fundamentally well equipped to tap the growing demand for offshore outsourcing.
Here's a short graphical description of the primary users of Offshore IT services. US leads, with Europe fast catching up.
India provides more than half the supply of the global IT/BPO services offshore export market
How to Outsource
Client awareness of offshore markets and vendors is high now. Still, there are certain pitfalls that global customers seek to avoid, while outsourcing.
Common Problems in Outsourcing
Not understanding offshore dynamics, in terms of relationship complexity
Underestimating costs
Selecting a country/vendor before understanding objectives
Failure to keep communication channels open after outsourcing
Not investing time to develop long-term relationships