2022
Outsource to India: What you need to know
Still, they may simply not meet your expectations, or don’t seem to be trying to. In this case, be prepared to safely stop work at a reasonable point in the project and let them go. If you have the proper milestones set up, you should have zero problems hiring someone else to pick up where they left off. Outsourcing to India means managing your expectations in terms of what laws they must abide by. When it comes to Asia, you need to know that the law tends to be less advanced in the areas of technology.
Concretio Apps is a two-tier Salesforce partner PDO (Production Development Outsourcer) and ISV (Independent Software Vendor). Concretio was founded in 2013 by Abhinav Gupta (8 times Salesforce MVP – Most Valuable Professional), an industry veteran with over 15 years of experience in the software services industry. Ltd. has been providing quality services to its esteemed customers in more than 20 countries. They cherish the strong availability of technical knowledge along with the privilege of Cost-effectiveness.
However, before you outsource software development services to the country, make sure to analyze how it contributes to your business’s growth. There are risks to customers’ information and business project data. Once the data is outsourced, businesses have very little control over it. Therefore, safety and security are critical factors that you must take into consideration when selecting an outsourcing partner.
Transparent communication
The last technology trend on this list is 5G, which is set to revolutionize service delivery systems by 2022 in India. Some examples include VR (Virtual Reality) and AR (Augmented Reality), alongside cloud-based gaming services like Google Stadia, NVidia GeForce Now, etc. And with voice search queries in India growing at 270%, the country could become a major player in voice technology development and usage.
- According to Statista, the overall revenue from mobile app development accounted for USD 195 million.
- Choosing the right outsourcing software development company is essential for a profitable partnership.
- A lot of businesses shy away from outsourcing customer service to India.
- The first of the major advantages of outsourcing to India is cost savings.
Such services would not just give them a faster time to market but also lower their development cost. Businesses have varying talent requirements across any particular project. They might need a full team of developers at one time and just a single person at the other. Moreover, you might need technology experts for performing specific tasks in your project at times. They might need to scale the team up and down as per the project’s requirements.
Technology Infrastructure
Adjusting to social, cultural norms, and practices becomes a necessity. Given the vast number of outsourcing options in India, it’s inevitable some might deliver subpar results. It’s imperative to be discerning, looking for past work samples and considering vendor management best practices. Fast forward, the 90s digital shift made India a go-to for tech solutions, especially during the Y2K bug frenzy. Next, let’s look at some of the leading accounting companies in India. Your company’s financial data in the wrong hands could lead to serious security issues.
BPO/ Virtual Call Centers
There are over 500 companies in India that are catering to the varying requirements of the western countries. Apart from that, there are some interesting and eye-opening statistics for outsourcing to India. You can directly share any inputs with them and get any changes implemented right in front of you. The talent you hire in-house is aware of your company policies and fits right into your corporate culture.
Are you ready to scale your business?
The government has announced several acts and policies for making outsourcing easier and smoother for companies. Be it the IT Act 2000, the Specific Relief Act 1963, the Indian Contract Act 1972, or the Foreign Exchange Regulations, many acts help in outsourcing. There are many acts and provisions announced by the Indian government to encourage outsourcing to India and make India a preferred destination for outsourcing. Explore how Kody Technolab is different from other software development companies. The Time and Materials (T&M) model is a flexible billing method in which you only pay for the actual time and resources used on a project.
Tata Consultancy Services
The company employed 130,000 people in India, while 100,000 people at its American offices. It was found that IBM employed more workers in India than in the U.S. Although it outsourced many of its operations to India, IBM experienced declining sales. Business process outsourcing companies in India, particularly call centers also offer customer support services that can cater to the global market. Among these services include chat, email, inbound, and outbound call support services.
Artificial Intelligence enables businesses to automate the majority of their tasks and deliver an unmatched experience that is data-driven. It can also help reduce the errors and bottlenecks in processes to streamline operations and optimize experiences. As per reports, IT outsourcing spend was expected to surpass the one trillion benchmark.
This model is ideal for small projects with clear requirements and limited features such as MVP development projects. Thus, it’s crucial to discuss all details before the commencement of development to estimate the scope, timeline and budget of the project in this model. You can outsource any business task, function or process to a third-party vendor in India as long as there is examples of fixed costs a feasibility of data transfer. For the IT industry, the government of India has supportive policies. The Information Technology Act and other IT policies in India empower the growth of the IT industry and make it easy for western companies to collaborate with Indian IT companies. Hence, it’s no surprise to see US businesses outsourcing around 300,000 jobs overseas annually.
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