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OFFSHORE BPO FIRMS
Rural sourcing a cost saving option for US firmsValue proposition for rural sourcing in US lies in its cost saving potential, without the challenges of offshoring.- India accounts for half of global IT-BPO outsourcingThe total direct employment by Indian IT-BPO sector (as of 2011) was 1.98 million and indirect employment was 7.5 million.
- US bill: Indian BPOs not too worriedThe general feeling in the Indian BPO industry is that the proposed new bill tabled in the US House of Representatives to discourage moveme...
- BPO companies' overseas strength multipliesBPO cos say they are under pressure to set up part of operations close to customer locations to work closer and to avoid charges about job ...
- Offshore-only BPO model won't work: Firstsource MDMatthew Vallance, CEO & MD, Firstsource in an interview with ET said the way forward for the BPO firm is to focus on its areas of specialis...
- BPOs embrace 'onshore' outsourcing to boost businessHaving successfully serviced American and European clients from India for almost a decade, BPOs are now strengthening their 'onshore' prese...
- BPOs look to expand footprint in US as realty, labour costs fallThe industry, which traditionally followed offshoring model, is now looking to open facilities & hire locals in the US. Latest buzz in Indi...
- Finance services BPO may grow 40-45 times in next 5 yrs: StudyUS sub-prime crisis may be a boon to the Indian business process outsourcing (BPO) units, which provide financial services.
- Barclays to set up captive BPO in IndiaWhile US recession has resulted in some IT-BPO project cancellations, analysts believe outsourcing will get a boost now as cos turn to cost...
- Vertex moving key functions to GurgaonThe UK’s second-largest BPO firm, Vertex, is moving some of its key support and administrative functions to its offshore centre in Gurgaon.
- Book-keeping contracts likely to remain strong for BPOsOutsourcing will remain strong in 2008, with HR outsourcing contracts worth $1.1 billion and finance and accounting outsourcing (FAO) contr...
- Book-keeping contracts to remain strong for BPOs: StudyOutsourcing will remain strong in 2008, with HR outsourcing contracts worth $1.1 billion and finance & accounting outsourcing (FAO) contrac...
- Re rise may push small BPOs deep into the redThe results of Infosys BPO in the June '07 quarter are a warning that the steep Re appreciation may wipe out the net profits of small cos o...
- No plans to sell-off BPO biz: HPHP said it remains committed to its BPO unit in the country and plans to expand its headcount by 20%.
- US PE firms buy Vertex for $426 mA consortium of US-based private equity firms, led by Oak Hill Capital Partners, has acquired United Utilities’ business process outsourcin...
- Global offshoring revenues dip, but local cos zip aheadOutsourcing research firm TPI says that the total global outsourcing revenues have declined for the third quarter of ’06.
- Mortgage BPO biz to touch $1.1bn by '10Recent trends of fluctuating rates and increasing regulation is squeezing margins in the mortgage mkt.
- Indian BPOs now under UK glareAfter the US authorities, now the British authorities also are to inspect the operations of Indian BPOs.
- BPO industry growth may further slow downThe growth of offshore BPO industry in the country is likely to further slow down over the next one year amid concerns over data security b...
- India to lead in BPO biz for next 30 yrsA survey says India will maintain its low-cost IT skills for another 30 years.
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