September 19, 2006
Rationale behind the IT Outsourcing to India
Outsourcing work to developing countries like India is becoming the order of the day.
Apprehensions apart, as individuals have we analysed the factors that add fuel to this fire of outsourcing to India, lets get a deeper into this and analyse the situation.
As per the reports from itoutsourcingindia, the factors that re-iterate the essentiality of outsourcing to india can be summarized as follows:
- Abundance of human resources with the required technical expertise and excellent communication skills.
- Economic factors are another add-on.
- Highly reliable communication lines provided by VoIP service providers pave way to uninterrupted communication between countries.
- The time zone provides a helping hand for getting our things done at India during our late night hours.
- Adherence of Indian IT firms to global quality standards like SEI CMM, PCMM and Six Sigma Practices
- Tax deduction offered by Indian government to pioneering ventures in the field of Information Technology.
And lots more......
Click here to know more on IT outsourcing to India.
September 13, 2006
Walter Reed Outsourcing Blocked
Recently, a bill was produced in the Senate that sought to block spending on a contract for operations support services at Walter Reed. However, the bill fell through in the Senate. The House already passed language to keep the Army from moving forward with a plan to transfer work that is being done at Walter Reed. Had the Senate passed the bill, all the spending on the contract would have been blocked. However, it would not have prevented the Army from carrying out a new public-private competition for the same work.
Read my previous post titled "Outsourcing Tips for Small Businesses" to get outsourcing tips for small businesses.
September 13, 2006
Privacy Concerns on Legal Outsourcing
In a recent post titled "Law Firms to Benefit from Outsourcing", I had mentioned about the benefits of legal outsourcing. Now there are some concerns over the legal process outsourcing. Outsourcing certain types of legal work to offshore destinations has become a common practice in the United States. However, there are already concerns about how it would affect issues such as privacy. By outsourcing legal work, law firms are dealing with people in another country who are not subject to the US or Canadian law. That might create many problems in future.
The overseas lawyers are not very close to the work produced. However, they remain responsible for it. Outsourcing has serious limitations, as there are several limits imposed by privacy legislation and solicitors. Another concern is regarding the authority of the client company over the offshore workers. Since they are contractual workers, the company may not be able to dictate its terms and finally end up with heavy losses.
Bio-outsourcing is Booming
The bio-outsourcing market is booming, thanks to the benefits of outsourcing for the biomanufacturing organizations. Many biomanufacturing companies are outsourcing their operations to offshore destinations. According to estimates, over 50 percent of biopharma companies will outsource at least some aspect of their biomanufacturing activities. The reason is clear. Biomanufacturing is a complex, costly and labor-intensive process. Ongoing labor shortages and increasing costs of building biomanufacturing facilities have forced many biopharma firms to turn to outsourcing for help.
Read my previous post titled "Are You Looking to Outsource?" to get some tips on outsourcing.
Hospital Outsourcing
Bangalore-based research BPO firm BrickWork has taken a project that is entirely a new concept in India. The project is outsourcing of hospital management and administration. The company has signed a contract for a 300-bed hospital project called the Cauvery Medical Center in Bangalore.
Under the terms of the contract, BrickWork will manage the hospital, recruit doctors and nurses, put in IT systems, procure medical equipment and run the hospital for five years. The US-based investors are putting in Rs 150 crore into the project. BrickWork is expecting that its network of 175 medical professionals can refer the patients to this hospital in Bangalore.
To know more about mid pharma outsourcing, read my previous post titled "Mid pharma Outsourcing Pipeline".
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