Offshoring is now an integral component of most outsourcing deals. Investors are scaling up dramatically in developing nations by utilizing cheap and rich resources of offshore service providers.
Bigger opportunities, new challenges are generating tough competition for new players, mid-sized, small companies and world is now flat and shrinkable – no more distance constraints. Latest technologies and applications acumen is essential for proper growth. Jobs opportunities are moving overseas,
Most preferred, undefeated, undisputed leader, international hub for Offshore IT outsourcing services – Why India??
Then why could not onshore and near shore activities bring India on the top?? I find infrastructure growth rate is eventual where as offshore IT outsourcing is gradually so the pace mismatch will consume your pricing in between as hidden cost incurred. Just churning IT professionals with proficient IT skills will not result in 100% positive return when synchronization with other segments are discarded and remain at low priority.
Continue reading about offshore outsourcing trends in my next post and in my upcoming article on Offshore Outsourcing Trends. Read about other latest IT practices, services, technologies, applications, Icreon Communications Pvt. Ltd.
Offshore Software Development India
Thursday, October 18, 2007
Offshore Outsourcing Trends
Posted by Rakhi at 10:32 PM
Labels: offshore IT outsourcing, Offshore Outsourcing Trends, Software outsourcing companies
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Legal Services Offshoring (LSO) is the industry in which in-house legal departments or organisations offshore legal work from areas where it is costly to perform, such as the United States or Europe to areas where it can be performed at a significantly decreased cost, primarily India. Legal Services Offshoring is a high end industry that has been growing rapidly in the recent years.
This industry is also known as Legal Process Outsourcing (LPO) but to the extent that the word, "process," suggests standardized, commoditized, easy-to-replicate tasks that can be performed without a lot of education, much less professional training, it is a misnomer for the legal services offshoring industry. Typing a medical transcription, or answering calls based on a script, is a "process." On the other hand, legal services such as legal research, legal analysis, or drafting complaints, contracts, patent applications, or legal briefs, is not a BPO-like, commoditized "process." That is why many in this industry do not refer to themselves as “LPOs.” Yet another potential misnomer is “outsourcing.” There is nothing new or controversial about the outsourcing of legal services. Every law firm in the U.S. and the U.K. is an outsourcing company. Their corporate clients have routinely “outsourced” legal services work to outside counsel for hundreds of years. If there were no outsourcing, there would be no law firms. What is new is not outsourcing, but offshoring.
Outsourcing
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