Leading global business intelligence and consultancy firms such as Giga, Forrester Research and McKinsey & Co. have cited various reasons for the increase of offshore outsourcing by MNCs to India. Outsourcing is expected to grow to at least 23 percent. India's quality and cost benefit edge is one of the major draws for these organizations, analysts say. Giga predicts that, compared to other competing countries such as China, Ireland, Israel, and the Philippines, India will continue to dominate as the preferred off shore country.
studio NetSouls maintains an Offshore Development Center in India essentially to provide cost-effectiveness to its partners and clients around the globe.
studio NetSouls approach is to have a pool of specialized multi-disciplinary resource available to its clients on a dedicated or as-needed basis. studio NetSouls manages the team, supervises the project life cycle and constantly trains and keeps the team updated with the latest development concepts and technologies.
We maintain the intellectual talent to meet the explicit business objectives and growing needs of our individual client.
Sourcing work overseas is no longer a tactical option that can help firms save a few dollars here and there; it is a strategic necessity for any company that cares about its long-term competitiveness. Outsourcing brings strategic value to companies through:
- Reducing costs - transforming fixed costs to variable costs providing operational flexibility
- Access to expertise - of outsourcing partners offering domain competencies
- Focus on core business - enabling an organization to focus on building and strengthening their company's core business
- Improved service quality
- Ability to scale - rapidly to match a company's growth
The strategic value to a company lies in its ability to have world class service, operate through best practices without having to make significant investments and manage processes internally or increasing headcount and fixed costs.