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Welcome to the May 2005 issue of Offshore Insights! We are tracking the
offshore outsourcing space to give you updated news, views and trends to add
value to your offshore outsourcing decisions.
The growth of global services sourcing is driven by several factors, but cost
savings is the most significant. The potential to utilize the resources of
developing, low-cost economies to substitute service delivery from developed,
high-cost countries is the core of services globalization. There are many
factors that contribute to the cost-saving potential of any global sourcing
scenario. A clear understanding and ability to weigh each of the factors is
critical in any firm’s successful implementation and optimization of a global
sourcing initiative. These factors include both direct-cost and hidden-cost
elements that play a role at both the low-cost delivery location (either
offshore or nearshore) as well as the high-cost onshore location. Of all of
these cost components, the wage rate differential between onshore and offshore
or nearshore locations provides the most compelling reason for the global
sourcing of IT services.
This month we focus specifically on how the wage rate differential contributes
to a firms’ cost savings determinations, and ultimately to their global
sourcing decisions.
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| Offshore Sourcing Articles
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Offshore & Nearshore ITO Salary Report 2004  |
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By neoIT
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The bulk of this report is an investigation of wages across
experience levels in specific offshore and nearshore locations and the
particular characteristics of each country that affect its ability to offer
global sourcing services. A look at how IT wages in each country have changed
and are expected to change is also included.
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| Industry Research and Case Studies |
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| Special Events |
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China Outsourcing Fair 2005
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June 8 - 10, 2005
Shenzhen, China
Sabyasachi Satpathy, neoIT Research Director,
to speak on: China's Position in the Global Outsourcing Industry - Then, Now and
Beyond.
Download information on partnering with Chinese companies
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Baker &
McKenzie-neoIT Global Outsourcing Webinar Series
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June 28, 2005- 'Global Outsourcing: Destination Canada'
July 21, 2005- 'Global Outsourcing: Destination The Philippines'
August 31, 2005- 'Global Outsourcing: Destination China'
September 29, 2005- 'Global Outsourcing: Destination Eastern Europe'
October 27, 2005 Global- 'Outsourcing: Destination Malaysia'
November 30, 2005 Global- 'Outsourcing: Destination Latin America'
neoIT’s
Eugene Kublanov
& noted offshoring legal and tax experts
Baker & Mckenzie
will host a series of Free Global Outsourcing Seminars
Download the Brochure
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Brazil
Outsourcing 2005
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July 7 - 8, 2005
Rio di Janiero, Brazil
Eugene Kublanov, neoIT Vice-President
(Corporate Development), will present on The Globalization of Services: 2005 and
Beyond, on July 8, between 9.30 am and 10.30 am.
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The CIO Decisions Conference
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July 26 - 28, 2005
Pebble Beach, CA
Atul Vashistha, neoIT CEO and
Stephen Nordahl
of Milbank, Tweed, Hadley & McCoy LLC, will co-present on the topic of Managing
the Outsourcing Lifecycle.
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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 off shoring from
assessment and due diligence to transition, on-going management and analysis.
You will find reports written by respected industry analysts, 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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Deloitte Report Casts Shadow Over Outsourcing Boom
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The Financial Express,
May 2005
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Contradicting this, Sabyasachi Satpathy, director-research,
neoIT — offshore advisory and management firm, said that outsourcing is going
to stay...
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Why Mexico is an Attractive BPO Site
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The Economic Times,
May 2005
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According to an analysis by neoIT, a global outsourcing
consultant, offshore service providers gain an upper edge when it comes to
lower costs and high skills...
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Medical Transcription is Only the Beginning
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The Financial Express,
May 2005
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The trend seems to be shifting, and German and French companies
are accelerating their outsourcing/offshoring efforts to catch up with US and
UK firms,” says Eugene M Kublanov, vice-president, corporate development,
neoIT, a consulting firm...
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Is the Canadian Stealing Your BPO Job?
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The Economic Times,
May 2005
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According to neoIT, a global outsourcing consultant, the US and
Canada share the world’s largest trade partnership...
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Don't Export Security
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CSO Magazine,
May 2005
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I'd say fewer than 20 percent of my clients audit the security
of their providers," says Atul Vashistha, CEO of neoIT, an offshore outsourcing
consulting company...
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Opinion Poll |
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Recent report from Delloite claims that
India is going to lose its preference as BPO destination?
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Resources |
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INDIA:
National Association of Software and Service Companies (NASSCOM)
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India's National Association of Software and Service Companies,
Nasscom is the apex body and umbrella organization for IT Software and Services
industry in India. The member companies of Nasscom are in the business of
Software, IT Services, Internet, E-commerce and IT Enabled Services. Thus
Nasscom is not only a Chamber of Commerce, but also a single point-reference on
any information on IT and Services and Industry in India.
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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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