Recent trends of Indian outsourcing industry suggests a strategic shift from low cost services to higher valued KPO like services. This kind of trend will continue and Indian outsourcing industry will add new dimensions to the outsourcing market. Countries show the downing trends in growth of salary, cost of living, real estate prices etc. These all make cheaper the outsourcing services for offshore companies for instance from US, UK etc. Additionally Recent currency rate further elevate profit margin for offshore companies.
I believe that a recession is actually a great time to start a new venture. Take advantage of the lack of froth now, when talent is available, resources are cheap, and you can hear yourself. In fact whenever there's a downturn people outsource more, not less. Organizations want to take costs out wherever they can.
Wednesday, February 4, 2009
Subscribe to:
Post Comments (Atom)
Very good observations. Maybe adding some pictures will make the blog post more interesting.
ReplyDeleteRelocation Australia | moving companies
thanks to share this. But i think Outsourcing business is only way to get success on Recent Recession Time.
ReplyDeleteVictory Ace price list