Welcome to the August issue of Offshore Insights!
Offshore outsourcing presents savings opportunities of up to 70 percent, yet
many companies never realize the full savings potential of their deals. Why?
Often, important steps in the offshore lifecycle are neglected, including
aligning corporate and offshore strategy. And with competitors expanding their
offshore operations to include core processes as well as non-core processes,
planning a fail-safe, robust offshore strategy becomes even more important.
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We are tracking the offshore outsourcing space to give you updated news, views
and trends to add value to your offshore outsourcing decisions. This month, we
discuss the process of creating your offshore road-map. How do you decide on
what to offshore when?
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| Offshore Sourcing Articles |
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Assessing and Building The Offshore Road-Map  |
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By neoIT
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How does a firm begin the process of evaluating offshore
outsourcing? What criteria and factors should be evaluated to make decisions on
the potential scope for offshoring:
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What to offshore?
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Where to offshore?
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When to offshore?
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This article outlines a best-practices framework for companies
to make these decisions in a systematic process.
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| Industry Research and Case Studies |
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Outsourcing’s Evolving Value Proposition  |
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By Michael F. Corbett & Associates
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Business changes come as waves gathering shape, gaining energy and momentum,
then crashing across the companies that find themselves in their path. Those
companies that anticipate and react quickly to these waves of change can often
rise with the tide; those that don’t are often crushed by the impact.
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Impact of Best Practices in Outsourcing Arrangements  |
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By Nasscom
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Best practices demonstrate strategic approaches and actions to be more
effective at preventing or enhancing something in connection with meeting
offshoring goals. How do transition scorecards, managing offshore relationships
etc matter?
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Offshore Upstarts  |
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By Outsourcing-Russia.com
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In the burgeoning arena of offshore software development and services
outsourcing, India remains the country to beat. But a growing number of
international contenders, notably Russia, are bidding to grab a bigger slice of
the pie.
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| Special Events |
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2nd Annual International Outsourcing Conference
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August 24 - 26, 2003
New York, NY
Focus on offshore outsourcing, how to structure a BPO deals and best ways to
win.
The Global Outsourcing conference works on the premise that the market will
reach $150B by 2004, and that 80 percent of companies want to outsource but 70
percent of IT managers lack the experience to make it happen.
Global Outsourcing of Office Support, Financial Analysis, Computer and Business
Operations is going to increase five-fold in the next 10 to 15 years, saving
organizations at least 60 percent annually in labor costs
**neoIT CEO Atul Vashistha to deliver presentation, Total
Cost of Offshoring: Understanding the Risk and Return Variances.
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The 2003 India Outsourcing Summit
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October 15 - 16, 2003
The Leela Palace, Bangalore, India
India is already established as a top services destination. According to
Nasscom, there are now more than one-half million people working in India’s
information technology and IT-enabled services industries. India’s software
exports have topped $10 billion per year and are growing annually by 30
percent.
Leveraging the Indian advantage is no longer an option, it’s a business
necessity. Understand how to do business in India, its unique requirements and
culture, how to compare India to other offshore destinations, and how to make
and manage your company’s India sourcing strategy.
**neoIT CEO, Atul Vashistha, will discuss Offshore BPO
opportunities.
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Offshore Knowledge Center |
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Visit
Offshore Knowledge Center to learn more about global and offshore
outsourcing. Examine best practices on the full lifecycle of offshoring from
assessment and due diligence to transition, on-going management and analysis.
You will find reports written by respected industry analysts, offshore articles
from around the Web, and other important resources, such as newsletters and
presentations.
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Resources |
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RUSSOFT

RUSSOFT is an association of leading companies in the field of Software
Development from Russia and Bielorus.
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Digital Philippines Foundation 
Digital Philippines Foundation is a non-stock, non-profit organization composed
of ICT & related fields.
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neoIT in the News |
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White-Collar Exodus
July, 2003
neoIT CEO Atul Vashistha talks about the significant cost savings in offshoring
that is triggering an exodus of jobs.
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Sourcing IT Globally
July, 2003
Atul Vashistha says firms that look at global sourcing of IT weigh four
factors: cost savings, quality, risk, & control.
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Paytech Annual Report
July, 2003
Globalization will continue to influence how the US does business and,
consequently, will lead to increased payroll outsourcing, says Atul Vashistha.
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Offshore Outsourcing? Taboo! 
July, 2003
With outsourcing going to be a third or half of many firms’ budgets,
managements should appraise staff of their offshore strategies.
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BCM initiatives are vital 
July, 2003
Indian firms need to make sure that they provide best solutions to customers,
since business continuity planning is crucial, says Atul Vashistha.
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Telstra looks offshore 
July, 2003
neoIT outlines advantages of the Chinese market for service suppliers now
fighting to stay price competitive.
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Job exports pip IT imports 
July, 2003
Avinash Vashistha, neoIT MD, says firms are eyeing Tier-II city destinations in
India for the projected 25 pc cost savings.
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Opinion Poll |
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What do you see as the critical
elements in “Change Management” during your offshore outsourcing?
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Your Space
(Readers write-in) |
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neoIT derives knowledge from market intelligence. Your opinions and views
matter to us. If you feel you have something interesting or important to tell
us, please
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write to
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Note: Articles will be edited for content and length.
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Email your comments and
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questions to
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