Spam Prats Jan 21, 2010 No Comments
Knowledge process outsourcing today is taking aggressive approach in outsourcing business. Today the clientele base is experiencing a significant increase. The Indian knowledge process outsourcing industry specially is skyrocketing in terms of clientele base & favored economic policies.
As per a research & news reported in various new papers & press release across the global, it is clear that the knowledge process outsourcing business is expanding rapidly. India is a land of talent & education. Hence, the country enjoys large pool of talented & well-educated MBAs, Pharmaceutical graduates and IT engineers.
It is not unnatural see a large number of graduates & post-graduates working in the country. The industry is concentrating on the bigger share of outsourcing business in coming year.
As per a report by the Global Sourcing, KPO would reach USD 17 billion by the year 2010. Out of the USD 17 billion, USD 12 billion would be outsourced to India alone; and this amounts to almost 70% of the total amount.
Today the Indian KPO sector has already taken steps in employing highly educated, proficient & ardently dedicated people. This would result in the number of KPO professionals to cross more than 250, 000 by the year 2010. This is an exorbitant amount when you compare it with the current figure of 250, 000 employees.
The industry professionals are not only looking for international market but also concentrating on the domestic market to earn maximum profit. Most of the companies in the industry hold tremendous entrepreneurial experience in various industries such as IT, Real estate, Stock & investment and travel for many years.
National Association of Software & Services Companies (NASSCOM) conducted a survey in 2002. This exhibits the excellent performance of an Indian bartending & financial outsourcing service. NASSCOM commented, An Indian banking & financial outsourcing service sector, per forms better than US & UK based BPO centers in various categories. Knowledge Process Outsourcing has now attained a huge success after Business Process Outsourcing in India.
Knowledge Process Outsourcing in India has become successful in India due to the immensely talented workforce, favorable government policies, operational cost savings and improved infrastructure.
Source: www.blog.kpoweb.com
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