IT Outsourcing – Way to counter recession by Mayur Wali

IT outsourcing has been a dominant practice that companies are going ahead with from more than a decade now. The basic reason being to reduce the cost of producing the software. Over the years India has become the outsourcing hub since the companies provide high quality work at lower costs.

When we analyze the basic criteria's of outsourcing-:

1) Making better use of the time and energy

2) Concentrating on core business

3) Efficient use of resources.

4) Reduced internal costs

Recession and IT outsourcing connections to each other.

The recession can be declared if there is a negative growth in the gdp for more than two quarters because of which companies take defencive actions to protect outflow of money. So to counter recession the best way would be to create opportunities for having higher margins at lower costs. A recent survey made by pricewatehousecoopers and the alliance states that "Enhancing efficiencies has become more urgent in recent months as pressure on margins forces companies to increase productivity while spending less."

At the recession time it is more helpful for the companies to opt for outsourcing so that there margins are higher to pump the equity in the company.

Why choose India

India has been a one stop shop in providing the information technology outsourcing services all thought the globe. In today's time India is called the outsourcing hub just for the fact that it can give best quality at lower price and hence reducing the operational costs.

Outsourcing to India gives companies a competitive edge to fight recession. The list of reasons being

Time zone advantage

There is a time zone advantage between India and the countries in us and Europe is a major factor why companies are outsourcing to India. The 24*7*365 days customer support is provided

Stable government

With the release of bill termed "IT acts 2000" India has been rated as the most excellent investment potential destinations in the world. With government support it has been able to build many IT parks all thought the country providing better infrastructure and the government has even permitted 100% foreign equity. Growing economy also has played a vital role in it

Indian Advantage

Cost effective services are the prime advantages that India offers a part from that India is also having skilled and talented pool of people. More than 20 Indian companies have achieved the cmm level and 65% of the CMM Level 5 companies in the world are located in India. It also has the highest level of ISO-9000 software organizations.

Most preferred choice for global organizations

In us alone 80% have ranked India as there first choice for off shoring IT SERVICES.

The no of organizations outsourcing to India has increased considerably over the years.

Why OTS

In today's tough times companies are looking it reduce there IT development costs and we at OTS have the infrastructure the skilled worker backed by the low price high quality strategy. In past we have helped companies of almost all sizes all thought the globe to make applications which are robust and competitive. We also have helped companies in the past to make offshore centers in India helping them to reduce there IT expenditure considerably.

About The Author
Mayur Wali manages IT service marketing for OTS Solutions a company dedicated to Outsourced software development and Product Development. Mayur holds a bachelors degree in engineering and management degree in Marketing & Finance