The Build-Operate-Transfer Model: Having The Cake & Eating it Too !!!

With  advancements in  communications  technology having made high bandwidth connectivity  ubiquitous and cheap, multi-locational sourcing  of IT & Business Process services  is fast becoming mainstream. From being a decision towards achieving cost-differentiation against competition, offshore sourcing has become a hygiene factor in most industries in the high-cost, developed economies.

The Future of Outsourcing

The world is in a state of constant flux, and one can never predict which trend is going  to disrupt  traditional  business models, or which  current trend is going to become irrelevant  in the  future. For instance,  while  offshore outsourcing  is  a mega  trend and  irreversible force  today, few  analysts could have predicted the rapid  movement of IT related work to offshore locations.

Bullet proofing Global Sourcing through an effective Governance Model

As globalization  of services  become  the norm of the day, more and more attention is  focused  on effective  governance  of  global sourcing  initiatives.  Simply  put,    IT Governance is the icing on  the Global Delivery Model cake, which helps business leaders to derive maximum business value and allows them to remain in control of globally distributed operations.

Can we have tarot reader for Insurance companies

Whether you are a property casualty and health insurers or other financial services provider, handling claims is tougher than wandering on bare rocky hills. Analysts estimate the annual cost of property casualty insurance fraud in the range of US$ 44 billion, and healthcare claims fraud numbers vary from US$ 90 to US$ 180 billion annually. One technology option now gaining popularity within the industry is Predictive Analytics - an emerging market that is expected to grow as much as US$ 3 billion by 2008.

Global Sourcing is not a bed of roses

Information Technology, Customer Support  and Call Centers,  Finance and  Accounting, Manufacturing, Engineering, Human Resources - you just name the  services and  Voila!! There will be a huge crowd of companies from developing countries, ever ready to jump on to the bandwagon. The count is like a glimpse of  the sun on a rainy day. And it’s a “no surprise” that they are willing to offer services not only at substantially low costs but also with a promise of efficiency, productivity, quality, and soaring revenues. Although Global Sourcing sounds like a blessing, it is certainly not a bed of roses.