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India - The Epitome of Outsourcing World

Anamika Sahu
Thursday, February 26, 2015
Anamika Sahu
Outsourcing is alive and well; in fact it's an emerging issue for many businesses as major enterprises consider it as not about cutting cost, rather heavily based on agility and quality of service delivered. It has the potential to deliver value well beyond cost savings by opening access to talent and capabilities while maximizing business model flexibility. Today, with outsourcing being one of the top business trends, it is essential to collaborate with such provider who not just provides better solutions but value its customers' money and time as its own. According to a recent study, the revenue of global outsourced services industry rose from $45.6 billion in 2000 to $104.6 billion by 2014. And PwC reports that India accounts to 55 percent of global offshore revenue covering industry extensively from manufacturing to telecom/Hi-tech, retail, BFSI, healthcare, travel, transportation, media and legal.

Today, the outsourcing landscape is all about constantly changing to better serve customers and the one who doesn't align itself with this vision, fails to attain its goal and even realize the goal of its customers. Thus, the major challenge lies in finding this one fit. However, the success and growth are never without their challenges. On one side, companies continue to be held back by cost benefit justification and their lack of experience; on the other, if the project fails, the services providers are to be blamed. Contrary to this, from a service providers' perspective, the poor collaboration with their clients are to be charged.

We at siliconindia understand this major tug-of-war between the two flips of the outsourcing coin and thus have come up with a list of '25 Most Promising Global Outsourcing Companies' spanning across continents. The list finalized by our distinctive editorial board and major contributors from the industry consists of names from various outsourcing verticals including Legal Process Outsourcing, IT Outsourcing, Market Research Outsourcing, Business Process Outsourcing, HR Outsourcing, Finance & Accounting Outsourcing and several others. I hope the list fulfills the need we intended to accomplish.

Apart of this, we also bring to you the story of "myStartUpCFO: The Financial Department You Can't Afford Not to Have". The company is growing leaps and bounds under the leadership of Sandeep Shroff, CEO.

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