Volume 4 Issue 5 | July 2006
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Welcome to the July 2006 issue of Offshore Insights. We continue to track the Services Globalization industry to provide you with the latest news, views and trends that shape the way services are purchased, delivered and managed around the world.

Shorter product life-cycles, the need to beat competitors to market, changing requirements of the target market, faster ROI required by investors all drive the necessity of getting products to the market as soon as possible.

As client organizations leverage services globalization to reduce costs and improve quality, they have also begun to see the potential of leveraging services globalization to reduce time-to-market. In fact, neoIT research suggests that more than half of globalizing client organizations see a reduction in time-to-market as their primary objective in services globalization.

This months whitepaper titled "Leveraging Services Globalization to Reduce Time-to-Market through Process Transformation", provides practical advice and benchmarks for applying services globalization practices to transform business practices and reduce time-to-market across multiple industries. It also dispels myths about what organizations can and cannot do to reduce time-to-market for product development. Companies that do not have a strong grasp on current design and development processes will have trouble leveraging global process transformation.

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Offshore Outsourcing Articles
Leveraging Services GlobalizationSM to Reduce Time-to-Market through Process Transformation
By neoIT The Time-to-Market whitepaper analyzes how leading organizations can leverage services globalization to reduce time-to-market and covers the following topics:

The importance of decreasing time-to-market.
Commonly used techniques that don’t work to reduce time-to-market.
Process transformation as the key to reducing time-to-market
How services globalization can help client organizations transform processes and reduce time-to-market


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Industry Research and Case Studies
Offshore and Nearshore ITO/ BPO Salary Report 2006
By neoIT
Offshore Readiness of SEE Countries
By neoIT
Services GlobalizationSM: Emergence of a New Driver for Business Agility
By neoIT
Global ITO and BPO trends for 2006
By neoIT
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Offshore Outsourcing Events
Recent Events
2006 Global Services Conference
February 2, 2006 - New York, NY
Watch the Trailer

Speaker: Vivek Paul, Partner and Managing Director, Texas Pacific Group
Speaker Topic: Through the Looking Glass
Watch the Presentation Video (Length: 28 min)

Speakers: Atul Vashistha, CEO, neoIT and Conference Chair & Charlie Cortese, Managing Director, Lehman Brothers
Speakers Topic: 5 W's of Services Globalization Strategy: What, Where, When, Why and Who.
Watch the Presentation Video (Length: 48 min)

Speaker: Chas Mullins, Managing Director, neoIT & Bill Metz, External Business Development Manager, Procter & Gamble
Speaker Topic: Governance and Relationship Management in Offshoring
Watch the Presentation Video (Length: 33 min)


Upcoming Events
Outsourcing Forum Midwest
September 11 - 12, 2006
Chicago, IL
Speaker: Gary Schneider, Managing Director, neoIT
Speaker Topic: Transformation through Services Globalization


People around the globe are more connected to each other than ever before and the economic and social changes resulting from our increasingly globalized world are dramatically shaping our future. While these changes hold unparalleled potential, poverty, illiteracy, and other social conditions keep millions from enjoying the benefits of a globalized world, particularly the three billion people – nearly half of the world’s population - who live on less than $2 a day. This year, neoIT will partner with World Education, a nonprofit organization using education to address literacy, health, economic, and civic development in 26 countries. World Education brings a 50 year track record of building the skills, talents and confidence of people and communities to take charge over their own futures. We invite you to join in us in supporting World Education’s work. To learn more about World Education, please visit www.worlded.org

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Offshore Knowledge Center
Visit the Offshore Knowledge Center to learn more about services globalization. Review best practices on the full lifecycle of global services delivery 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.

What’s new in Knowledge Center
Taking Offshoring Beyond Labor Cost Savings
Building a Global IT Organization: An Interview with DPWN’s Managing Director for IT
   
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neoIT | Global Viewpoint
Ten Myths of Services GlobalizationSM Part I
By Atul Vashistha
CEO, neoIT
In this column and the one that follows next month, I’ll discuss 10 of the most common myths surrounding the globalization of services, including HRO. While the trend toward offshoring HR and other business processes has plenty of momentum on its own, nevertheless it’s important for future growth to dispel the misperceptions that many people still hold about offshoring.
THE
OFFSHORE NATION
co-authored by Atul Vashistha
CEO, neoIT


Seize the Competitive
Advantage of Services Globalization with Advice
From the Experts
The Offshore Nation
Buy New: $25.17

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neoIT in the News
IBM to Triple Investment in India to $6 Bln by 2009
Bloomberg, June 2006
What's Behind Wipro's Shopping Binge?
CIOL, June 2006
Managing Subcontractors
Global Services, June 2006
IT Services are Moving Offshore, but is the World Ready?
CRM Buyer, June 2006
The Power of Expectations
Insurance Networking News,
June 2006
Sourcing the Sourcing Advisors
Global Services, June 2006

Resources
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