Offshore Development

According to an international research finding, businesses will spend more than $50 billion on offshore and near-shore outsourcing by 2007. Majority of companies are coming into offshore deals to gain a competitive advantage, often through cost-cutting or a boost in productivity.

Today, Outsourcing is the trend not only for small and midsized companies. It is the latest buzz in the business circles and is spreading into small to medium sized companies also. Small and midsized markets are also experiencing success through offshore operations and strategies. The cost saving and productivity gains are actually greater for this market.

Through Offshore companies can accomplish the following:

• Reduce costs
• Increase productivity
• Become more profitable

Cost savings
Most of the businesses get their work done overseas to cut labor costs using their offshore partners. India has lots of potential to be the most effective offshore partner in diverse area of IT/ITeS arena.

Effective Usage of Resources
Using the offshore model, businesses can reduce the costs on resources by using them in remote manner through offshore service delivery. Various resources like infrastructure, communications, travel and training and so on can be done using offshore model in order to effectively use the resources and so on.

Productivity
Offshore model enable effective productivity with minimum costing on technical resources. Offshore teams can play crucial role in delivering highly competitive services to their clients in performing tasks and accomplishing operational excellence.

Professional expertise
Jumping right into the Offshore model may prove to be dangerous thing. But, a careful planning and execution strategy in offshore model will certainly yield reaping results in diverse industry verticals. The strong backup of professional consultations can make the difference in Offshore service delivery. It will lead to secured and flexible services, consolidated service delivery, greater emphasis on quality, minimize risks and lower the operational costs.

Why Offshore in India:

• India has IT workforce with world-class exposure
• World’s renowned IT technology institutes are in India
• Indians are considered as the best IT minds in the world
• Around 2 lakhs of Indian IT professionals graduate every year
• More than a billion of English-speaking population
• More than 3000 Indian companies export software
• India has export relationships with more than 100 countries in the world
• Many of Indian IT companies are listed in NYSE and the Nasdaq
• Large pool venture capitalists in India
• Many of the Indian companies are having ISO and SEI CMM certifications
• Around ¼ of Fortune 1000 companies have outsourcing relations with Indian companies