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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. |
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OUTSOURCING
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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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