Outsourcing – A Strategic Advantage

Outsourcing – An Overview

In today’s hyper competitive world, businesses have understood that the best way to stay competitive is to outsource multi business activities to firms in offshore locations. This concept was initiated way back in 90’s, and has now become a trend as it take advantage of the power of information technology from far away locations to bring in economies of scale and cost competitive operations for executing and supporting a client's mission-critical
projects. As the economy across the world is in a declining stage, cost reduction has become one of the top agendas of most enterprises. India has now emerged as one of the hub for IT outsourcing as the country offers the most skilled workforce with least cost involved in it. For many firms in different countries, outsourcing to India has become a successful business model more than a mere cost cutting tool.

The Benefits

Cost Benefits: Outsourcing to India could bring many advantages to companies. One major benefit is accessibility of best quality services in a cost effective way. Services such as Call center/ Voice support, Consulting, Back office support; other business processes etc. can help you save 50-60%, when outsourced.

Concentrating on Core Business: Outsourcing helps large as well as small businesses to focus on their core business activities thus saving on time, infrastructure and even manpower thus avoiding unnecessary fixed investments. By outsourcing all your non-core functions, your employees can be put to better use. It also helps in saving maintenance as well as changing infrastructure cost thus improving revenues.

Operational Expertise: Outsourcing helps to access operational expertise which is too difficult or time consuming to develop in house. Outsourcing partner will be able to deliver much better services by understanding the requirements.

Benefits from Time Zone: Another benefit from outsourcing to India is time zone advantage. Compared to the time zone in Germany, India is +4:30 hours ahead. So critical works can be done much faster and brings businesses a competitive edge.

The Language Advantage: Most of the human resources in India are fluent in English. Apart from English, most other languages including German, French and Spanish is widely taught and spoken for business purposes.

Conclusion

Outsourcing makes great benefits to companies whether, small or big around the world. But the key point is to find the right partner for your outsourcing needs.