March 2003 Issue

Welcome to our March issue of Offshore Insights!

The sourcing process involves many key activities in the planning and lifecycle management phases. Of these, transition management and contract negotiations form an integral part in the success of offshoring relationships. How do “smart companies” manage these changes? How do they ensure that the transition is smooth, considering the numerous geographical locations that are coming up on the offshoring map, especially in BPO?

We are tracking the offshore outsourcing space to give you updated news, views, trends and add value to your offshore outsourcing decisions. This month, our in-house expert Atul Vashistha looks into the state of the offshore market and ‘smart’ strategies that companies are adopting to achieve maximum ROI on offshore deals.

 
Offshore Sourcing Articles
Smart Offshore Buyers: Prudence And Caution Dominates
By Atul Vashistha, neoIT
 

The appeal of offshoring services, not unlike the offshoring of manufacturing centers in the 70’s, is derived from a multitude of reasons: 1) cost savings, 2) focus on core business, 3) improve quality standards, 4) increase speed of business, 5) flexibility not necessarily provided by on-shore or near-shore suppliers. During late 2002 and continuing into 2003, research analysts cautioned buyers against outsourcing their IT and especially business processes to offshore locations, citing market immaturity as the key inhibitor. We disagree with this research finding. With supporting industry research and customer data, neoIT provides an analysis of the state of the offshore market and things that smart buyers are doing to maximize ROI on offshore deals.

 
Industry Research and Case Studies
Maximizing Offshoring ROI - The Exult Case
Ensuring Offshoring Success at Exult
  neoIT — January 2003
 

Exult is intensely focused on maximizing the return on business investments, and the quest to ensure high ROI from a recent major offshore outsourcing. This case study examines Exult’s offshore outsourcing experience and the sourcing lifecycle management services of neoIT.

Outsourcing Consultants and Legal Firms
Who’s Who, What’s What & How do you Choose?
  Ross Research — February 2003
 

This research report helps outsourcing buyers understand the significant value of using a sourcing advisor to assist in all phases of their outsourcing initiatives, learn how to select the best consulting and/or legal advisory firm(s) for their unique requirements, and gain insights into how to work most effectively with their chosen advisors.

 

Click to Purchase report 
** Enter the word neoIT in the Promotional Code box next to the report(s) you want to purchase. A 10 percent discount will automatically be applied to the final amount.

 
Special Events
BPO Opportunities in the Philippines
 

April 4, 2003
New York, NY


This half-day seminar gives insight into the BPO industry in the Philippines. Hear live experiences from Citibank, neoIT, Procter & Gamble, SPI, Outsource Philippines and AIG. President Arroyo will make a special appearance to discuss why the Philippines might be the country best positioned in the BPO industry..

**By invitation only. If you are interested in attending the event, please
send an email to 

The 2nd Annual Healthcare Outsourcing Congress
 

March 31 - April 1, 2003
Las Vegas, Nevada


The Summit focuses on cost-effective strategies for outsourcing IT and business processes in healthcare (primarily in hospitals and health plans).

**neoIT’s Senior Vice President, Cliff Justice, to discuss emerging trends in the healthcare BPO industry.

Lawson CUE
 

April 13 - 16, 2003
Orlando, Florida


This is the most comprehensive user conference for Lawson services and products. This year's conference will provide both leadership and interactive learning opportunities for everyone involved.

SIG Sourcing 2003
 

May 6 - 9, 2003
Huntington Beach, California


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

**neoIT CEO, Atul Vashistha and neoIT customer, Exult, present opportunities in the offshore BPO market.

 

Sourcing Knowledge Center
  Visit the Sourcing Knowledge Center to learn more about offshore strategy, services sourcing technology and how your company can improve its sourcing processes. You will find reports written by respected industry analysts, offshore articles from around the Web, and other important resources, such as sourcing newsletters and presentations.

 
What's New in the SKC
  Why Country Decision Precedes Vendor Decision in Offshoring  

Navigating the Global IT Market 

Growth of the HR Outsourcing Market
 
Resources
  Mayer, Brown, Rowe & Maw
Mayer, Brown, Rowe & Maw's 1,300 lawyers worldwide bring value and world-renowned legal expertise to buyers’ outsourcing needs.

neoIT in the News
  neoIT-TPI expand
partnership

February, 2003
neoIT-TPI Focus on Providing More Robust Offshore Services
 
  US-based BPO firm to set up local unit
February, 2003
“neoIT has played an important role in our expansion to India.”
 
  Industry Week
February, 2003
Managing in a Slow-Growth Economy
 

Opinion Poll
  How do you secure value while contracting & negotiating an offshore engagement?
 
Establish a Representative Office
Involve a Research Institute
Protect Intellectual Property
Ensure Cultural Compatibility
Use an Advisory Firm
 
View results

View editorial comments on February poll

Learn more about neoIT

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Note: Articles will be edited for content and length.
 
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