A New Wave in Outsourcing to India
The BPO sector in India is poised for a new growth wave according to industry experts. Traditional offshoring to India was always focused on basic back-end processing functions. Moving away from this trend, international companies are now outsourcing to India, complex processes that involve higher levels of expertise, decision-making and research-based support.
Services once considered as outside the scope of outsourcing such as litigation support services and creative services for the media and entertainment industry are two of the high growth areas taking off in a big way. The stereotype of the Indian data entry ‘sweat shop’ no longer holds true as some of the brightest legal minds and creative specialists in India join the offshoring bandwagon to provide expertise, know-how and creativity to global companies.
Litigation Support Services from India
LPO (Legal Process Outsourcing) is a segment that is seeing a lot of hectic activity in the new evolutionary phase of BPOs in India. The inflow of work into the LPO sector is on the rise; with significant amount of work coming in from the U.S. Industry analysts predict revenues to touch $640 billion by 2010, up from $146 billion in 2006.
The pressure from clients to lower litigation costs and shortage of legal professionals in the west was a prime factor that triggered the outsourcing of litigation support services to India. Many contracts that started off as low end service engagements for document indexing and coding have now moved up the value chain to full-fledged litigation research and support.
Presently litigation services outsourced to India include legal research using various electronic databases, creation of appeals and deposition summaries, document management and legal transcription. Many companies also create draft motions, legal briefs, memoranda and discovery documents as well as create print, videotape and animation exhibits for trial. Being connected with the legal system abroad and familiarity with the U.S. legal framework is a major edge for service providers in this sector.
Outsource2india has been providing comprehensive LPO (legal process outsourcing) and litigation support services to overseas law firms, in-house legal departments and attorney practices.
O2I's litigation support services are a virtual and seamless extension of our customers’ in-house capabilities and include creation, indexing and sorting of online legal databases, objective and subjective coding, unitization and other legal research services.
Creative Services for Media and Entertainment
The Indian media and entertainment industry has a reputation for expertise and high quality. Outsourcing of media, publishing and entertainment related services has been seeing rapid growth in the last year. Many global majors have partnered with Indian creative houses to send a significant part of their digital production and post production work to processing studios here at India.
Nearly 70% of production processes for media houses can be taken care of externally. International media and entertainment houses have made substantial cost savings and leveraged the creativity and expertise of India’s finest talent by outsourcing media and entertainment services to Indian firms.
Outsource2india has been offering customized solutions to the media and entertainment industry. Our comprehensive creative services in storyboarding, video editing, animation and music composition have assisted global majors in reducing costs, cutting production cycles and improving quality.
As companies move up the value chain and away from basic back-end processing to more frontline functions, the opportunities are immense. Companies ready to take up the challenge can be part of the new wave in outsourcing!
Outsource to O2I and give your company that competitive edge.
Services once considered as outside the scope of outsourcing such as litigation support services and creative services for the media and entertainment industry are two of the high growth areas taking off in a big way. The stereotype of the Indian data entry ‘sweat shop’ no longer holds true as some of the brightest legal minds and creative specialists in India join the offshoring bandwagon to provide expertise, know-how and creativity to global companies.
Litigation Support Services from India
LPO (Legal Process Outsourcing) is a segment that is seeing a lot of hectic activity in the new evolutionary phase of BPOs in India. The inflow of work into the LPO sector is on the rise; with significant amount of work coming in from the U.S. Industry analysts predict revenues to touch $640 billion by 2010, up from $146 billion in 2006.
The pressure from clients to lower litigation costs and shortage of legal professionals in the west was a prime factor that triggered the outsourcing of litigation support services to India. Many contracts that started off as low end service engagements for document indexing and coding have now moved up the value chain to full-fledged litigation research and support.
Presently litigation services outsourced to India include legal research using various electronic databases, creation of appeals and deposition summaries, document management and legal transcription. Many companies also create draft motions, legal briefs, memoranda and discovery documents as well as create print, videotape and animation exhibits for trial. Being connected with the legal system abroad and familiarity with the U.S. legal framework is a major edge for service providers in this sector.
Outsource2india has been providing comprehensive LPO (legal process outsourcing) and litigation support services to overseas law firms, in-house legal departments and attorney practices.
O2I's litigation support services are a virtual and seamless extension of our customers’ in-house capabilities and include creation, indexing and sorting of online legal databases, objective and subjective coding, unitization and other legal research services.
Creative Services for Media and Entertainment
The Indian media and entertainment industry has a reputation for expertise and high quality. Outsourcing of media, publishing and entertainment related services has been seeing rapid growth in the last year. Many global majors have partnered with Indian creative houses to send a significant part of their digital production and post production work to processing studios here at India.
Nearly 70% of production processes for media houses can be taken care of externally. International media and entertainment houses have made substantial cost savings and leveraged the creativity and expertise of India’s finest talent by outsourcing media and entertainment services to Indian firms.
Outsource2india has been offering customized solutions to the media and entertainment industry. Our comprehensive creative services in storyboarding, video editing, animation and music composition have assisted global majors in reducing costs, cutting production cycles and improving quality.
As companies move up the value chain and away from basic back-end processing to more frontline functions, the opportunities are immense. Companies ready to take up the challenge can be part of the new wave in outsourcing!
Outsource to O2I and give your company that competitive edge.
0 Comments:
Post a Comment
<< Home