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Welcome to the May issue of Offshore Insights!
Offshore outsourcing can often require more investment than imagined. Clients
sometimes forget the other investments they have to make — investments in
training, relocation, cultural training, taxes, infrastructure, etc. By
including these costs in the financial modeling, the real savings opportunity
can drop from 70% to 30%, depending upon the scenario.
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
examine the total cost of offshore outsourcing.
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| Offshore Sourcing Articles
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Total Cost of Offshore Outsourcing  |
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By neoIT
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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.
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| Industry Research and Case Studies |
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| Special Events |
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World Bank Technology Conference
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May 18 – 19, 2004
Washington, D.C.
Atul Vashistha, neoIT CEO, will moderate a
panel discussion on
Trends and Economics of Offshore Services,
on Tuesday May 18, 2004, between 3.45 pm & 5 pm.
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WorldatWork 49th Annual Conference & Exhibition
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May 23 - 26, 2004
Boston, MA
Atul Vashistha, neoIT CEO, will participate
in a panel discussion on
HR's Role in the Offshoring Revolution,
on May 25, 2004.
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The Conference Board – Council of CIO Executives
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May 24 – 25, 2004
Cincinnati, OH
Atul Vashistha, neoIT CEO, will co-present
with Kathy White, from Arkansas Rural Sourcing on
Globalization of IT Services, on
Tuesday May 25, 2004, 10:30 am – 12:00 pm.
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The Fourth Software Outsourcing Summit
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June 9 - 11, 2004
St. Petersburg, Russia
Eugene Kublanov, neoIT Vice-President
(Corporate Development), will speak on
Russia
as an Offshore Destination for U.S. Clients. A Prospective From a
Leading Consultancy Firm,on June 10, 2004.
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Business4Site Technology Summit
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June 15 - 17, 2004
Los Angeles, CA
Debashish Sinha, neoIT Managing Director,
will present on
Roadmap to Multi-Sourcing: The Right Source for Every
Function, on June 15, between 4 pm & 5 pm. on June 10, 2004.
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European Outsourcing Summit
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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.
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The Conference Board's 2004 HR Outsourcing Conference
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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.
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| 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.
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What’s new in the OKC |
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neoIT in the News |
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The Pros and Cons of Outsourcing for US Economy
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NPR
May, 2004
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Atul Vashistha was the guest on NPR's Tavis Smiley show.
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Atul Vashistha's Firm Helps U.S. Companies Cut Costs by Sending Work Abroad
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LA Times
May, 2004
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“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.
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Do US Celebs Call Indian
BPOs?
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The Economic Times
May, 2004
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“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.
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NEARSHORE: India Software Inc Moves Closer for Comfort
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Express Computer
May, 2004
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"Dual language support is the way ahead for Indian companies
looking at nearshoring for US customers," says neoIT Managing Partner Avinash
Vashistha.
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Opinion Poll |
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Has your company attempted to
transform a department by outsourcing any of the following?
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Resources |
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Baker &
McKenzie
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Global law firm Baker & McKenzie was established over 50
years ago and has 66 offices in 36 countries. The firm established a truly
global presence, with an office in each of the world's major money centers,
more than 25 years ago. Worldwide, Baker & McKenzie has 615 partners, 3,254
qualified lawyers and a total of over 4,407 legal professionals.
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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.
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If you feel you have something interesting or important to tell us, please
write
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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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