Offshore Outsourcing Company in India
Offshore Outsourcing Company in India
Offshore Outsourcing Company in India
The work Offshore Outsourcing Company in India is synonymous with all those IT Outfits in the West sending their work to be done in India. These companies trust Indian vendors with certain things they know will not be found elsewhere. So they just forward the projects believing they will be done well, and investing full faith within the companies for all the right reasons.
India has emerged as the dominant player in offshoring, particularly in software work. Three factors came into play to make this possible. First, in the 1970s the Indian government put in place regulations that mandated that all foreign ventures have Indian majority ownership. Fearing government takeover, many large U.S. corporations, such as IBM, departed, leaving India in the position of fending for itself to maintain its technical infrastructures. This quickly forced the creation of schools to train students in technology.
Next came the global ubiquity of the Internet and massive telecommunications capacity, which enabled companies to get computer-based work done seemingly anywhere, including India.
Third, as the year 2000 approached, organizations hired service providers to update their legacy program code. Much of this work was handled in India, where English was commonly spoken, where there was a large and highly trained population of software engineers, and where labor costs were much lower than in developed countries. Y2K work proved the merits of an offshore labor force, and companies have continued tapping the talents and skills (and cost savings) made available by Indian offshore service providers. Major companies working as offshoring service providers in India include Tata Consultancy Services (TCS), Infosys and Wipro.
Russia, Ireland, Czechoslovakia and Poland have also surfaced as popular offshoring destinations for specific types of software expertise.
The Philippines, which has a highly literate and educated population, as well as language and cultural affinities with the United States, has become a popular offshoring region for call center and customer support work.
The dominant location for much of the manufacturing outsourcing (in the form of offshoring) by U.S. companies is China, which has made a push in recent years to also become a provider of services. The Chinese central government has made the "third industry" -- services -- a priority for its national development plans in the coming decades. English is taught in China starting in the third grade, and its technical schools and colleges graduate tens of thousands of software engineers annually.
At the same time that other countries were coming to the forefront in areas such as software and call center work, the United States was experiencing an economic downturn that struck in 2000 and 2001. The resulting job losses and insecurities created a backlash, especially among technical workers. Both the potential for negative publicity and concerns about data security and privacy have prevented some companies from taking work offshore. However, that doesn't always prevent them from
outsourcing India. Work comes to India because of the name companies here have built over the years. The trust lies in that, with the successors reaping all the fruit sowed by the ones who came before them.
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