India, Canada top outsourcing destinations: Study
Filed in archive Outsourcing News on September 21, 2005
Outsourcing consulting firm neoIT has released its annual report 'mapping Offshore Markets Update 2005'. The report will help companies evaluate potential offshore locations and ranks India, Canada and China as the leading outsourcing destinations in the world.
According to the study, top offshore location India offers cost competitiveness, highly skilled labor, and a high level of service maturity. Last year, India provided $12 billion in outsourced IT services, and had $12 billion in IT services exports sales as well.
The report used an 'Offshore Attractiveness Index' to rank 14 countries. The index "rates each country's characteristics to generate a quantitative net cost benefit of outsourcing to that destination". The report also considered five factors namely financial benefit, service maturity, people, infrastructure and catalyst.
Image Source: www.neoit.com
Tags: outsourcing destinations india study canada outsourcing+destinations india+canada destinations+study
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Response from:
Trisha
(07/12/06 3:34am)
Response from:
veronica
(11/12/09 1:44am)
India and Canada remains at the top spot in outsourcing because of economical labour and good quality work. The talent pool available is very high.Due to global financial crisis the markets are down and there is a great depression but will regain its normal stature in 2 year's time.
Response from:
tutyratna
(07/09/10 10:02pm)
Thanks for the post, as the destination outsourcing IT, India have the first ranked because economical labor and good quality worker.
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Culturally there are vast differences between Indian business world and its western counterparts. I suggest that the visitors prepare themselves for the cultural differences in Business India.
There is a useful ebook at: http://www.hipcoders.com/india_business_etiquette/index.html.