June 2003 Issue

Welcome to our June issue of Offshore Insights!

In May we spoke at the Sourcing Interests Group’s Spring Conference, where we polled the attendees to understand the most critical and pressing offshore issues on people's mind (for both BPO and ITO offshore outsourcing). The feedback we received consisted of the following list of top challenges for offshore buyers:

- Preparing the organization for offshore outsourcing
- Location selection and global models to approach the industry
- Process/project selection for offshore outsourcing
- Supplier due diligence and selection
- The changing role of sourcing leaders
- Change management and transition
- Setting up an offshore Project Management Office (PMO)
- Measuring ROI

The offshore industry is evolving – business process outsourcing is maturing, mergers and acquisitions are flooding the industry and new markets are emerging. 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 launch our help guide series, provide you with information on business process outsourcing and look into the trend of multinational IT services firms moving to offshore locations.

 
Offshore Sourcing Articles
Global IT Services Firms Move Offshore: What Does This Mean for the Market?
  By neoIT
 

Why are the large multinational firms making a queue to offshore locations such as India, Philippines, China and Russia? What does this mean for the offshore supplier market and what do buyers need to know to better understand the changes? This article discusses the changes in the offshore market and the evolution of the supplier service delivery models and gives buyers insight into what they should look for in a good outsourcing partner.

 
Industry Research and Case Studies
neoIT Help Guide Series: Visiting Offshore Suppliers
  By neoIT
 

Risks surrounding offshore outsourcing must be understood and addressed to achieve the financial and performance goals that typically drive an offshore outsourcing initiative. The offshore supplier market is relatively immature, however the quality of the supply base can be measurably higher than domestic integrators with mature operating models. This help guide will help you begin to develop a plan for visiting offshore markets and suppliers.

Business Processes That Make Good Business Sense to
Outsource
  By Ross Research
Harvard Business Review, May 2003
 

Outsourcing intelligently -- putting non-core business functions in the hands of third-party function experts -- is increasingly becoming the path to better profitability. A Q&A session with Lisa Ross of Ross Research, in association with Harvard Business Review, discusses the best business processes to outsource.

 
Special Events
NASSCOM's ITES-BPO Strategy Summit 2003
 

June 12 - 13, 2003
Bangalore, India


Nasscom's 2003 conference, fifth in the series, will focus on emerging trends, new BPO service lines, country competitiveness, and service excellence for the Indian ITES-BPO industry. The conference will be led by Indian and global thought leaders, international BPO experts and will be highly interactive.

**neoIT Managing Director Avinash Vashistha to present the session on Moving up the Offshore Value Chain: Non-Core to Core.

Enterprise Offshoring: A Best Practices Summit
 

July 20 - 22, 2003
Santa Cruz, CA


Absorb the latest insights on how your company can leverage offshore development to be smarter, faster and more successful than your competitors. And share experiences with your fellow attendees: enterprise software CEOs, CFOs, CTOs, and VPs of engineering, R&D, support and services. A must attend event for Software company executives.

**neoIT CEO Atul Vashistha to present the session on Managing Offshore Risk.

**Offshore Insights subscribers will receive a discount for this event, contact
Allisson Butler at 
 for more information.

HRO World
 

July 29 - 31, 2003
New York, New York


Focus on current topics in the sourcing industry including companies in the news, leading corporate executives and top sourcing advisors.

**neoIT CEO Atul Vashistha to co-present with neoIT customer Exult, discussing how to steer an effective offshore outsourcing strategy. Exult will discuss how they successfully established a BPO center in India.

2nd Annual International Outsourcing Conference
 

August 24 - 26, 2003
New York City, New York


Focus on offshore outsourcing, how to structure BPO deals and best ways to win.

**neoIT CEO Atul Vashistha to deliver presentation, Total Cost of Offshoring: Understanding the Risk and Return Variances.

 

Offshore Knowledge Center
  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.

 
What’s new in the OKC
  neoIT exclusive: Mapping Offshore Markets  

Offshore Program Management 

Protests Fail to Stem Outsourcing 
 
Resources
  SBPOA
Shared Services and Business Process Outsourcing Association is helpful in gaining a better understanding of what it takes to setup and lead best-in-class Shared Services or successful BPO activities.
 
  Firmbuilder.com
Management education and research dedicated to training managers and executives on how to use outsourcing as a powerful management tool.

neoIT in the News
  Philippine Leader Aims to Lure More Outsourcing
May, 2003
Move over, India. There's a new player in the global outsourcing business. Philippine President Gloria Macapagal Arroyo, who visited with President Bush and was feted at a White House state dinner Monday, came to the nation's financial capital yesterday to pitch US companies on the benefits of moving some of their key business and technology tasks to her island nation.
 
  The Net Makes It All Easier
May, 2003
Where is work most efficiently done? It's a logical question, but one that businesses never had the luxury to ask. Companies now can send office work anywhere, and increasingly that means places like India and the Philippines.
 
  Delivering Offshore Outsourcing Assurance to Global Organizations
May, 2003
Syntel, an applications outsourcing and e-business company, has bagged the prestigious neoQA seal of assurance with a Level 4 rating for its operations in India.
 
  neoIT Guides Exult’s India Operations
May, 2003
With India as its base for BPO operations, Exult Inc intends to hire over 1,000 people focused on human resource (HR), with guidance from neoIT.
 

Opinion Poll
  What is the primary evaluation criteria for ranking offshore BPO suppliers?
 
Size and ability to scale
Prior experience with in-scope processes
Financial stability
Brand recognition
Geographic location
Other
 
View results

View Editorial comments on the May Opinion Poll

Learn more about neoIT

Previous Issues

Your Space (Readers write-in)
 
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
write to

Note: Articles will be edited for content and length.
 
Email your comments and
questions to
To Subscribe, click here. Or send email to with 'Subscribe' in the subject line.
To Unsubscribe, . Or send email to with 'Remove' in the subject line.
Copyright © 2007 neoIT® All Rights Reserved.