| Knowledge Process outsourcing or KPO refers to a | | | | qualifications like domain specialization, language |
| type of outsourcing in which knowledge-related and | | | | proficiency and computer skills. Indian education system |
| information-related work is assigned to a different | | | | lays stress on higher education and specialization that |
| company or by a subsidiary of the same organization, | | | | churn out a pool of talented and trained professionals |
| generally to save cost and time spent on the project. | | | | in the field of IT, engineering, education, law, medicine, |
| KPO involves components of Business Process | | | | architecture, finance and science every year. Hence, |
| Outsourcing (BPO), Research Process Outsourcing | | | | individuals are able to perform any intricate task with |
| (RPO) and Analysis Proves Outsourcing (APO). Apart | | | | ease with their advanced knowledge, analytical |
| from outsourcing process expertise, KPO also entails | | | | interpretation and technical skills. |
| providing domain based processes, analytical skills and | | | | |
| business expertise. BPO derives its strength from | | | | Reduced costs |
| quantity, size and efficiency, whereas, KPO is more | | | | In order to keep up with the pace of competitive |
| about knowledge, experience and analytical factors. | | | | business world, IT companies all over the world are |
| The growth of the BPO sector in India has laid down | | | | outsourcing projects to developing countries in Asia, |
| the foundation for global outsourcing. The success | | | | Latin America and Middle East. India has become a |
| achieved by many foreign companies in outsourcing | | | | favorite destination for foreign companies to invest, as |
| business processes to India has encouraged them to | | | | it caters to their cost saving objective well, without any |
| outsource projects involving high-end knowledge as | | | | compromise in the quality of work delivered. |
| well. | | | | |
| Some of the benefits that foreign companies get after | | | | Increased efficiency |
| outsourcing their knowledge and analysis based tasks | | | | India has been adding value to KPO businesses all |
| to India are reduced costs, efficiency in operations, | | | | over the world with its hi-tech processes and talented |
| access to skilled and talented workforce and improved | | | | manpower. It offers high quality services at much |
| quality results. Let’s discuss in detail these | | | | cheaper rates and companies save upto 50 percent |
| advantages and the scope of India as a global | | | | of the total cost by outsourcing projects to India. The |
| destination for KPO- | | | | testimony of the fact that India is emerging as the |
| | | | preferred destination for KPO is evident as several |
| Skilled Labor force | | | | global giants have set up their offices in the country. |
| An ideal KPO employee needs to possess the basic | | | | |