tag:blogger.com,1999:blog-71720102024-03-06T22:51:25.941-05:00Offshore Outsourcing NewsOffshore outsourcing news sponsored by SourceExperts.com, a worldwide outsourcing network, directory and marketplace for service buyers and service providers.SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.comBlogger148125tag:blogger.com,1999:blog-7172010.post-1107225945366116562005-01-31T21:45:00.000-05:002005-01-31T21:45:45.366-05:00Xansa to Hire 7000 in IndiaSilicon India reports UK based IT services company Xansa will expand its workforce by 7000 in India.
"At present we have about 3,000 employed in our outsourcing centers in Pune, Noida and Chennai and the strength will go up to 10,000 in about five years as the Business Process Outsourcing in India is doing extremely well," Cox said.
Read more: Xansa to hike workforce by 7,000 in India SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1107223915998026592005-01-31T21:11:00.000-05:002005-01-31T21:11:55.996-05:00Medium Size Companies Lead HR OutsourcingMedium-sized companies are set to lead the way in signing HR outsourcing deals during 2005, after a large rise in contracts last year. In 2004, for the first time, 'mid-to-large' businesses - as opposed to 'large to very large' businesses - dominated HR outsourcing, according to analyst firm Datamonitor.
Companies with between 5,000-25,000 employees did more broad-based business processing SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com1tag:blogger.com,1999:blog-7172010.post-1106114391208105152005-01-19T00:59:00.000-05:002005-01-19T00:59:51.206-05:00Outsourcing Works For Beauty ChinaYahoo Finance reports Beauty China Holdings, a small Hong Kong-based, Singapore-listed cosmetics concern, has quietly doubled its sales and profits in China during the past two years by tapping into a global strategy: outsourcing.
Sam Wong, Beauty China's founder and controlling shareholder, sets the strategy and develops ideas for makeup, packaging and marketing campaigns. He farms out SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1106114230639093962005-01-19T00:57:00.000-05:002005-01-19T00:57:10.640-05:00EDS, Towers Perrin Form Outsourcing CompanyNewsday.com reports Electronic Data Systems Corp. has agreed to pay about $420 million to create a personnel-services company with consulting firm Towers Perrin.
The new firm, still unnamed, will sell services in benefits, payroll, recruitment and other areas. Towers Perrin will provide consulting services to clients of the new firm, the companies said. EDS has been trying to expand from its SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1105645098832582842005-01-13T14:38:00.000-05:002005-01-13T14:38:18.833-05:00Employees Can Benefit From OutsourcingComputerworld reports a company's move to outsourcing can sometimes strike fear in employees who see their jobs as endangered, if done right workers may find that the process provides them with an opportunity to advance their careers and hone their skills, according to the findings of a poll out this week.
"There is a lot of confusion surrounding outsourcing, when in fact people often improve SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1105393097165560132005-01-10T16:38:00.000-05:002005-01-10T16:38:17.166-05:00New Head of Outsourcing Operations at HPZDNet reports Hewlett-Packard has named Steve Smith as its new senior vice president of managed services, a division of HP Services that runs clients' computing infrastructure and elements of their businesses such as human resources. He replaces Uli Holdenried, who took over as managing director of HP Germany.SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1105333417283972722005-01-10T00:03:00.000-05:002005-01-10T00:03:37.283-05:00Russia Outsourcing ChallengesCRM News reports Russia needs new infrastructure. Russia lacks the wealth of basic Internet "backbone" infrastructure already in place in the United States and India; that has kept inexpensive, high-bandwidth Internet capacity out of reach for many.
"The biggest problem," Sukharev said, "is finding skilled workers who not only specialize in theory but in practice. Many still need SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1105134287152126602005-01-07T16:44:00.000-05:002005-01-07T16:44:47.153-05:00Offshore Outsourcing Spending CreepsNews.com reports spending on information technology projects farmed out to low-cost places like India should grow by 1 percent this year, according to a report Thursday from investment firm Merrill Lynch.
"The report, based on a December survey of 50 United States-based chief information officers, also found that spending on offshore IT services represents a small but growing chunk of budgets SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1104664922642247102005-01-02T06:22:00.000-05:002005-01-02T06:22:02.643-05:00India BPO is Ready for 2005HindustanTimes.com/UK reports India outsourcing companies and BPO companies are poised for a good year as outsourcing fears subside in the US.
NASSCOM estimated that the industry, including domestic, will see revenues cross $20 billion in 2004-05 with services and software exports growing at 30-32 per cent to record revenues of over $16.3 billion.
The first two quarters of 2004-05 have been SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1104370294116189462004-12-29T20:31:00.000-05:002004-12-29T20:31:34.116-05:00Home-shoringInformationWeek reports some companies are moving call centers into homes keeping employees production and trimming costs.
"The home-shoring phenomenon comes in part as a result of the significant challenges faced in the customer relationship management (CRM) and customer care space over the last four years," said IDC analyst Stephen Loynd in a statement.
Rather than outsource customer serviceSourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com29tag:blogger.com,1999:blog-7172010.post-1104207629263745962004-12-27T23:20:00.000-05:002004-12-27T23:20:29.263-05:00Is Outsourcing of U.S. Jobs Bad or Good?Seattle Seattle Post-Intelligencer reports the outsourcing debate continues with a debate between Nobel Prize winner Paul Samuelson and Columbia professor Jagdish Bhagwati. These two "mega" economists disagree whether short-term job losses brought on by outsourcing are mitigated in the long run by gains to American workers from free trade and consumption growth in low-wage countries.
"Data from SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1104130927826004142004-12-27T02:02:00.000-05:002004-12-27T02:02:07.826-05:00Separating Outsourcing Fact from HysteriaTCS: Tech Central Station reports the debate over outsourcing and its impact on the US economy reached a high level of what can only be described as irrationality, and even hysteria.
Outsourcing is not a new phenomenon, of course. Strictly speaking, the term refers to the subcontracting of any business function to an outside supplier, but in the current debate outsourcing to other companies SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1104129883555038582004-12-27T01:44:00.000-05:002004-12-27T01:44:43.556-05:00Recruiting OverseasSpokane Journal of Business reports American Industries International Inc., have been in the business of recruiting nurses, pharmacists, and high-tech engineers from foreign countries to work in the U.S. Though the 34-year Spokane resident says he has established business contacts in 35 countries, recruits so far have come solely from The Philippines and India.
“There is a dire shortage of SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1103639733283495592004-12-21T09:35:00.000-05:002004-12-21T09:35:33.283-05:00Outsource to ArkansasMSN Money reports an Arkansas woman believes that companies can send jobs to rural areas and save just as much as they could sending them to places like India.
So she left her job, trading the corporate jet for a rental car. With $2 million of her money, she created Rural Sourcing, an information technology contracting company that she claims can do the same work companies are sending overseas, SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1103445638579849922004-12-19T03:40:00.000-05:002004-12-19T03:40:38.580-05:00Domestic Outsourcing Boom in IndiaExpress India reports India based IT outsourcing service providers are now scrambling to provide for the 3.5 million small and medium sized businesses (SMB) scattered throughout India.
“Outsourcing has traditionally been the preserve of large enterprises and the government, but now SMB-level organisations are looking at outsourcing, simply because the cost differentiation between doing the workSourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1103341591743266182004-12-17T22:46:00.000-05:002004-12-17T22:46:31.743-05:00US Regulators Eye Indian BPO FirmsCRM News reports auditors from the U.S. could come down to India to check the BPO companies or even conduct them remotely. Expecting audits from the U.S. comptroller of currency early next year, Indian BPO companies and captive units of multinationals are working overtime, holding discussions with consultants and their US counterparts to understand the nuances of these audits.
"These audits are SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1102908677314321522004-12-12T22:31:00.000-05:002004-12-12T22:31:17.313-05:00Outsourcing Custom Car DesignChannelnewsasia.com reports India's custom automobile design industry is gaining popularity due to the increasing popularity of companies outsourcing projects.
Custom-car design work has been outsourced to Indian companies like "DC Designs" and "5th Quadrant Designs", due to far lower costs. Apart from design work, they say they are also capable of taking it a step further, by constructing the SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1102661661388005982004-12-10T01:54:00.000-05:002004-12-10T01:54:21.386-05:00Offshore Outsourcing GrowthZDNet reports research firm Gartner published a study Monday saying "offshore outsourcing isn't as widespread as people think," with lower-cost locales accounting for less than 3 percent of money spent on global information technology services this year.
Gartner projects that figure to grow but remain a relatively small fraction of total spending. By 2008, spending on IT services delivered SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1102540051560093412004-12-08T16:07:00.000-05:002004-12-08T16:07:31.560-05:00Outsourcing Illness DiagnosesThe Seattle Times reports radiologists in Australia, India, Israel and Lebanon are reading scans on U.S. patients spurred by a shortage of U.S. radiologists and an exploding demand for more sophisticated scans to diagnose scores of ailments.
Despite some doctors' fears, advocates say outsourcing radiology is nothing like the nightmarish vision of seedy sweatshops stealing U.S. jobs and replacingSourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1102538984059620852004-12-08T15:49:00.000-05:002004-12-08T15:49:44.060-05:00Outsourcing Debt CollectionSify.com reports debt collection is becoming another area of outsourcing moving to India. According to a news report, units of General Electric, Citigroup, HSBC Holdings and American Express are using their India-based staff to pursue credit card debt and mortgage payment by calling defaulters.
''Our cost of collection is 40 percent less than operators in the U S,'' Jerry Rao, chief executive ofSourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com1tag:blogger.com,1999:blog-7172010.post-1102459600328101542004-12-07T17:46:00.000-05:002004-12-07T17:58:20.966-05:00Outsourcing Growth Predicted at 5.9%ComputerWeekly.com reports outsourcing growth is predicted at 5.9% a year.
"IT job exports are forecast to increase by a compound annual growth rate of 5.9% between 2002 and the end of 2004, said Frost and Sullivan. The analyst firm looked at the global outsourcing of IT jobs across 14 countries. It estimated that this year, 826,540 IT jobs will be transferred abroad by the UK and the US, FranceSourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1101582251889516332004-11-27T14:04:00.000-05:002004-11-27T14:04:11.890-05:00The HR BPO OpportunityFinancial Express reports outsourcing of human resource services or HR BPO was emerging as the next big opportunity for Indian BPOs with the global market in this segment estimated at $40-60 billion per annum, experts said on Monday.
"Sensing the potential, global BPO players including Fidelity, Exult and Hewitt have begun setting up operations in India. However, most HR BPO players had not SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com1tag:blogger.com,1999:blog-7172010.post-1101582005482913972004-11-27T14:00:00.000-05:002004-11-27T14:00:05.483-05:00Canada NearshoringInternational Herald Tribune reports Canada is gaining favour as an outsourcing partner due to its stability, proximity and cultural similarities. Some are refer to this as 'nearshoring' or 'remote contracting'.
"Companies are willing to pay a premium for a destination that is close to home. The customer on the end of the phone will be able to relate much better to a representative in Canada SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1101424751722408842004-11-25T18:19:00.000-05:002004-11-25T18:19:11.723-05:00Europeans Working for India OutsourcersBBC News reports entry and mid-level employees are being recruited from European countries to work in India.
"Prashant Sahni, chief executive officer of Tecnovate, says the way it works is simple. 'We hire people from various parts of Europe to work for us on Indian salaries and it's been very successful.'"
"Mr Sahni says the European employees are recruited for a minimum period of a year, but SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0tag:blogger.com,1999:blog-7172010.post-1101189589542825702004-11-23T00:59:00.000-05:002004-11-23T00:59:49.543-05:00CTG Wins Outsourcing AwardYahoo Finance press release reports CTG, an international IT solutions company was named the "Best Outsourcing Solution" winner at TechX New York 2004.
"During the 10 years that CTG has been Lone Star's IT provider, the company has transformed itself," said Curt Montgomery, CTG Director of Outsourcing Solutions. "As Lone Star's partner, CTG helped it through its business transformation by SourceExperts.comhttp://www.blogger.com/profile/00440018431366120818noreply@blogger.com0