In the past couple of years, China is a country that is quickly becoming one of the world’s top suppliers of offshore software outsourcing providers which is due to its totally incredible developmental rate. Though India is right now the world’s top leader in software outsourcing provider; well, China is really aiming to outpace India so that they will become the next leading competitor in software outsourcing. It has been predicted that China someday will become one of the top 3 nations for offshore software outsourcing between the year 2007 and 2010.
A lot of companies are even starting to plan their offshore outsourcing strategies in order to take advantage of this country’s emerging strength as an outsourcing destination. This also includes searching for ways so as to take advantage of China’s present software strengths. There are some estimates that state that China’s outsourcing could even rival India as the top offshore Information Technology (IT) services market.
Actually the recent flood of activities that helped put this country on the world’s outsourcing map came about partially due to the government’s support and promotion and partially because Japan decided to move a lot of its software development work to china and also partially because a couple of very large foreign companies started up R&D centers in this country.
There is absolutely no doubt that India is among the key players in the offshore outsourcing business. India is a country that boasts of a work force with the following attributes:
- Well educated
- Low cost
- Highly talented
- English speaking
India also boats of excellent Information Technology (IT) and networking infrastructures, friendly laws, a fairly stable political environment, well paid taxes and top notch certified software companies. The offshore outsourcing industry in India is a rapidly growing one and has produced a lot of success stories that really makes India a really popular offshore outsourcing destination for Information Technology related and other Business Process Outsourcing (BPO) services as well.
Offshore assignments have really moved on up the value chain; it has moved from data entry to very large and rather complex turnkey projects of up to 200 to 300 people within just a couple of years! These days, you will discover that almost any kind of service can be outsourced to this country; it could be healthcare, engineering or even KPO.
To be continued……
Daven Michaels Author of the book Outsource This!