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Business Process Outsourcing. An Industry Overview Consulting Club, IIMC. Introduction. What is outsourcing? Why do companies outsource? Moving from outsourcing non-core activities to outsourcing core activities as well…. Outsourcing to India. ITES : Information Technology Enabled Services
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Business Process Outsourcing An Industry Overview Consulting Club, IIMC
Introduction • What is outsourcing? • Why do companies outsource? • Moving from outsourcing non-core activities to outsourcing core activities as well…
Outsourcing to India ITES : Information Technology Enabled Services Software development, Data entry, Programming, Web development services BPO : Business Process Outsourcing CRM, Medical Transcription, Call Centers KPO : Knowledge Process Outsourcing Financial Analysis, Legal Services Moving up the value chain
Genpact WNS Wipro BPO HCL Technologies BPO Services ICICI OneSource IBM Daksh Progeon (Infosys) Aegis BPO Services EXL Service Holdings 24/7 Customer NASSCOM report: Value of total BPO market in 2005 estimated at $5.1 bn Top 5 IT vendors have only 6.5% of the market 1/3 of the market to big BPO companies 1/3 to captives 1/3 to smaller set ups Predicted consolidation Current Top 10 Indian players
Success Defined by: • Process and Industry Knowledge • Technical and Operational Capabilities • Service Models • Alliances • Financial Strength • Change Management • Ability to innovate
Challenges Ahead… • Client Acquisition and Retention • Retaining employees • Productivity • Quality and compliance issues • Resource and Skill Gaps • Funding • Emerging Foreign Destinations • Physical Infrastructure • Smaller Firms Plight