Volume 2 Issue 6 June 2004
Articles | Research | Events | Knowledge Center

Welcome to the June issue of Offshore Insights!

Over the last year we have witnessed the emergence of new offshore and nearshore markets competing hard with established offshore destinations like India and the Philippines. We are tracking the offshore outsourcing space to give you updated news, views and trend to add value to your offshore outsourcing decisions. This month, we give you and update on the state of the offshore markets to examine their relative strengths and weaknesses.

 
Offshore Sourcing Articles
Mapping Offshore Markets
  By neoIT
 

This is an enhanced version of our earlier report that appeared last year (Offshore Insights, Volume I Issue 7, April 2003) where we answered questions of where to offshore, what risks are involved and how these offshore locations compare with each other. This new report gives you new information to help you decide which offshore destination is right for you.

Top
Industry Research and Case Studies
Total Cost of Offshore Outsourcing
  By neoIT
 

There are upfront costs and hidden costs involved in offshore outsourcing. How should you accurately identify these costs? What is the total cost of offshore sourcing and what is the financial reward that enterprises can expect from their global sourcing initiatives? Read this comprehensive in-depth report on the total cost of offshoring to find out.

Outsourcing to India: Key Legal & Tax considerations For US Financial Institutions
  By Baker & McKenzie
 

This research paper describes what US financial institution should do when it comes to assessing its existing outsourcing relationships, and how they should go about guiding future outsourcing transactions, especially those involving Indian service providers.

Outsourcing Advisory
  By Alston & Bird
 

What are the internal control requirements under Sarbanes-Oxley Act that challenge the outsourcing marketplace? This research report goes into on the new responsibilities that public companies have to adhere to in the US economy.

The National Business Systems of the Philippines
  By The National Business School
 

Philippines has a clear advantage when it comes to language-compatibility, incentives for foreign investors, and labor supply. This in-depth report focuses on the emerging strengths of the eastern powerhouse.

Top
Special Events
European Outsourcing Summit
 

June 28 - 29, 2004
Disneyland Resort, Paris


Tarun Mehta, neoIT Managing Director, will present on The Art of Globalization, on June 29, 2004, between 3.15 pm & 3.30 pm.

Center for Business Intelligence’s Shared Services for Electric, Oil & Gas Companies
 

September 13 – 14, 2004
Chicago, IL


Ted Kempf, neoIT Director, will jointly present with Motorola Malaysia MD S Surya, on How to Effectively Evaluate, Measure and Mitigate Risk when Offshoring Shared Service Processes, on September 13, 2004.

Sacramento Area Human Resources Association Annual Event
 

September 15, 2004
Sacramento, CA


Brian Tumpowsky, neoIT Director, will present on Changing Role of the HR Manager, on Wednesday September 15, 2004.

The Conference Board's 2004 HR Outsourcing Conference
 

September 27 - 29, 2004
Chicago, IL


Atul Vashistha, neoIT CEO, will present on Global Sourcing: Does It Match Your Strategy, on Wednesday September 29, 2004 between 10 am & 11 am.

Outsource World
 

October 5 - 7, 2004
New York, NY


Brian Tumpowsky, neoIT Director, will present on offshore outsourcing on October 5, 2004.

2004 Computer and Internet Law Section of the Oregon State Bar Annual CLE
 

October 7, 2004
Portland, Oregon, USA


Eugene Kublanov, neoIT Vice-President (Corporate Development), will present on International Panel: Software Outsourcing Abroad; China Market Access, on Thursday October 7, 2004 between 2 pm & 2.45 pm.

American Conference Institute--Offshore Outsourcing 2004
 

October 20 - 21, 2004
New York City, NY


Tarun Mehta, neoIT Managing Director, will present on the State Of Offshore Outsourcing, on Wednesday October 20, 2004.

Top
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
Industry Insight: Atul Vashistha
All Things Considered
Expert Advice on Offshore Outsourcing
Top
neoIT in the News
  The Pros and Cons of Outsourcing for US Economy
  NPR
May, 2004
  Atul Vashistha was the guest on NPR's Tavis Smiley show.
 
  Atul Vashistha's Firm Helps U.S. Companies Cut Costs by Sending Work Abroad
  LA Times
May, 2004
  “In the long term, companies that save money this way will generate new jobs, he says, which will go to workers who are willing to reinvent themselves,” says neoIT CEO Atul Vashistha.
 
  Do US Celebs Call Indian
BPOs?
  The Economic Times
May, 2004
  “Calls coming here [India] are still dominated by Level 1. At Level 2, the agent or center requires a higher level of authorization. Call centers in India are now beginning to deal with Level 2 work,” says neoIT Managing Partner Avinash Vashistha.
 
  NEARSHORE: India Software Inc Moves Closer for Comfort
  Express Computer
May, 2004
  "Dual language support is the way ahead for Indian companies looking at nearshoring for US customers," says neoIT Managing Partner Avinash Vashistha.
 

Opinion Poll
  This year, would you consider outsourcing:
 
Nearshore
Offshore
Onshore
Combination
No plans to outsource
     
View results

View Editorial comments on the May Opinion Poll
Resources
  Alston & Bird
  Alston & Bird lawyers collectively possess decades of experience advising Fortune 500 companies in their strategic outsourcing relationships. They have represented clients in the full range of IT and business process transactions, including representations in a number of recent marquee transactions.
 

Learn more about neoIT

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