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Welcome to the final issue of Offshore Insights for 2004!
Over the last year we have witnessed services globalization bringing global
destinations closer. What does 2005 hold for offshore outsourcing of IT
services and business processes? Which countries will emerge stronger and what
new domains will look at offshore delivery centers? neoIT predicts that banking
and financial services will be the high-growth segment, and the share of BPO in
global outsourcing will increase significantly. What do the markets hold for
clients seeking to outsource offshore; what are client trends and how are
supplier business models faring? Read more in this month’s article on ITO & BPO
Trends for 2005.
We are tracking the offshore outsourcing space to give you updated news, views
and trend to add value to your offshore outsourcing decisions.
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| Offshore Sourcing Articles
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ITO & BPO Trends in 2005  |
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By neoIT
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neoIT, with its extensive knowledge of client and supplier
markets and outsourcing deals in 2004, predicts certain striking IT/BPO trends
for 2005. As we approach the New Year, neoIT examines the major trends that are
likely to impact the global services delivery market in 2005.
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| Industry Research and Case Studies |
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| Special Events |
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The 2nd Annual Symposium on Global Sourcing: Building Better Businesses thru
Offshore Outsourcing
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January 19 – 20, 2005
Metropolitan Hotel, New York, NY
neoIT experts, Atul Vashistha, Tarun Mehta
and
Eugene Kublanov
will host this two-day event. The results of
theOffshore100 Program will also be announced.
Download the Brochure
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IDC Outsourcing Forum West 2005: Moving From Efficiency to Competitive
Advantage through BPO
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January 24 - 25, 2005
San Francisco, CA
Atul Vashistha, neoIT CEO, to present on
"Aligning Your Corporate and Global Sourcing Strategy",
on Monday January 24, 2005 between 4.30 pm and 5.15 pm.
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Stanford
Economic Summit (SIEPR)
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February 11, 2005
Stanford, CA
Atul Vashistha, neoIT CEO, will present on
Globalization of Services, on Friday February
11, 2005.
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Cleveland
City Club Summit
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February 16, 2005
Cleveland, Ohio
Atul Vashistha, neoIT CEO, will present on
Impact of Globalization on the Global Economy,
on February 16, 2005.
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Beyond the Euro: Offshoring in Your Own Backyard: Exploring Opportunities in
the New Europe
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March 8 - 9, 2005
Energy Clinic, London, UK
Avinash Vashistha, neoIT Managing partner,
will lead an Executive Learning Workshop on
Performing a Healthcheck of Offshore Operations,
on March 8, 2005, between 10.30 am & 11.45 am.
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SRI's Outsourcing to India: Taking the Next Steps
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March 23, 2005
Hotel Nikko, San Francisco, CA
Eugene Kublanov, neoIT Vice-President
(Corporate Development), will present on
India: Now & 2014, on Wednesday March 23,
2005, between 9 am & 9.45 am.
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| Offshore Knowledge Center |
Visit the
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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What’s new in the OKC |
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neoIT in the News |
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Heading Home
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Business Standard
December 2004
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“In the last financial year, with attrition rates ranging from
10 per cent to 30 per cent, multinationals hired nearly 10,000 employees. Of
these, 1,400 are said to have returned to their old jobs while many are still
negotiating to return to the companies they worked for earlier,” says neoIT
Managing Partner Avinash Vashistha.
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Volumes Yes, High-end Work Not Much
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Business Standard
December 2004
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“Businesses migrating to the secondary cities will seek a 30 per
cent cost saving. Bangalore in particular will emerge as a primary destination
for outsourced R&D and product, which requires costlier high-end skills,” says
neoIT Managing Partner Avinash Vashistha.
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Outsourcing’s Acquiring Minds
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Forbes
November 2004
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“Unless you're a fantastic niche player, you're going to have a
tough time surviving in today's BPO market,” says neoIT CEO Atul Vashistha.
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US Firm Rates Top Indian
Cities
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Big News Network
November 2004
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“The rankings signify the maturing of the Indian IT sector and a
developing separation of India into specific cities that may be more attractive
than others in the same nation,” says neoIT.
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Outsourcers Lose Luster
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InformationWeek
November 2004
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“Meeting service levels becomes a challenge as you get bigger.
Part of the problem for the big vendors is finding enough qualified staffers to
meet service obligations,” says neoIT CEO Atul Vashistha.
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GE to Sell Stake in Global Outsourcing Unit
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Forbes
November 2004
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“The internal organization needs only so much work and then
there is saturation. So, people start feeling there is less scope for growth.
That makes it difficult for the captive unit to recruit and retain talent,”
says neoIT Managing Partner Avinash Vashistha.
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Opinion Poll |
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Would you consider acquiring an
offshore supplier firm in 2005?
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Resources |
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Sourcing
Interests Group
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The Sourcing Interests Group assists members in learning from
each other's experiences in outsourcing, alliances, procurement, E-Commerce and
shared services. Interest areas include Information Technology, Corporate
Support Services, Business Processes and Supply Chain.
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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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