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Sometimes the reasons for outsourcing is no different from that of offshoring. However it is not necessary to outsource if the company is planning to offshore.
OUTSOURCING
Outsourcing is no longer optional "No one company acting alone can out-innovate all its competitors, potential competitors, suppliers, and external knowledge sources." -James Brian Quinn, Buchanan Professor of Management, Emeritus, Amos Tuck School at Dartmouth. Offshore Outsourcing Facts: 82% of Fortune 1000 companies have outsourced some part of their Information Technology function. By 2005, 70%+ of Fortune 1000 companies will have outsourced greater than 50% of their IT activities. ------------- Source: Gartner Group, USA 21% of MNC have already Outsourced some IT projects / services to Offshore Service providers. An additional 45% of MNC CIO’s are considering the use of Offshore IT service providers. Users of Offshore IT Service providers have saved 50% to 70% over the cost of outsourcing similar projects to On Shore Service providers. McKinsey estimates that ~80% of Applications Development and Management can be effectively sourced through Offshore IT Service providers. - Source: McKinsey Quarterly March 2003. Synergy Infotech India's offshore outsourcing facts: Actively pioneered the cause of "Outsourcing India", which has become a buzzword in the global IT industry. First overseas client acquired 1997. Client still working with us. Outsourced development, support, maintenance and enhancement projects handled since 1997. Currently, have outsourced projects from companies in USA, UK, Korea, Japan to name a few. Cost savings realised by some of our clients through outsourcing, more than 50%. Why is outsourcing to India important for companies: Lower costs. Access to skilled labour. Higher productivity. Quality processes. Ability to leverage time-zone differences. Company can focus on core functions. Creating a new model of delivery. Shorter time-to-market. Synergy Infotech, being strategically located in the silicon valley of India Bangalore, fulfills the above mentioned 8 points and much more. Business models offered by Synergy Infotech to outsourcing clients: Captive development, support and or maintenance center. Joint Venture. Build-Operate-Transfer (BOT). Outsourced.
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News
| 22 August 2004
Synergy Infotech moves to a new facility
| 06 June 2004
Beta version of the ASN.1 Compiler available for customers.
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Success Stories
| Peritus Maintenance
This project demonstrates the ability of Synergy Infotech to undertake maintenance projects executed using the offshore model.
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