By 2004, more than 80 percent of U.S.
executive boardrooms will have discussed offshore sourcing
and more than 40 percent of U.S. enterprises will have
completed some type of pilot or will be sourcing IT
services through a global delivery model.
Software design and development
has always been the strength of Indian companies operating
globally. The recent years have seen Project Development
and Management, Customer Relationship building and Business
Process Outsourcing taking center stage. Nowadays, large
conglomerates and multinationals are outsourcing more
and more of their IT development and support requirements
to India. This helps them to focus on their core businesses
apart from cost-effectiveness. This also reassures them
of high Quality standards set by the service providers.
Why Outsource Data processing
and Software development to India? Just as the Gulf has
its natural resources in crude oil and South Africa in
diamonds, India's natural resource lie in its abundant
technically skilled manpower. More than 320 universities,
32 engineering colleges and 700 private training institutes
teach computer science courses. The output of trained
manpower at degree/diploma level has increased several
fold. Indian players have created a strong value proposition
in the IT software and services arena. India's edge over
other competing nations in the IT outsourcing business
is based on:
Large pool
of computer literate and English speaking professionals
Well-recognized
Information technology skills
Wide gap
between personnel costs in India and developed countries.
Combination
skill sets easily available (For example computer
and legal or medical skills)
