| Some of my ITance friends expressed their fear | | | | place to not only outsource higher-value research |
| regarding to the impact of the recent economical | | | | work, product design etc, but also to sell their own |
| recessions over Indian economy and particularly | | | | products and services. In the long-term once the dust |
| outsourcing industry. They have view of negative | | | | settles in the US financial market, Indian e-commerce |
| impacts but I posses some contrary view as I believe | | | | and BPO companies will be in good position to attract |
| that a recession is actually a great time to start a new | | | | more outsource work from the US businesses. |
| venture. Take advantage of the lack of froth now, | | | | Recent trends of Indian outsourcing industry suggests |
| when talent is available, resources are cheap. Previous | | | | a strategic shift from low cost services to higher |
| experience reveals that whenever there's a slump | | | | valued KPO like services. This kind of trend will |
| people outsource more, not less. Organizations want to | | | | continue and Indian outsourcing industry will add new |
| take costs out wherever they can. | | | | dimensions to the outsourcing market. |
| What happens to the host countries where | | | | Now a day Indian offshore software and web |
| outsourced work is done? | | | | development companies shows their smartness in |
| Such countries show the downing trends in growth of | | | | dealing the recent recessions. They kept their |
| salary, cost of living, real estate prices etc. These all | | | | expenses as such and higher the working time of their |
| make cheaper the outsourcing services for offshore | | | | staff, higher the quality of out put and reduce the out |
| companies for instance from US, UK etc. Additionally | | | | put time. |
| Recent currency rate further elevate profit margin for | | | | Among such high quality services offering companies |
| offshore companies. | | | | Os-Commerce Experts is one of them. The portfolio |
| Fundamentally the outsource market is strong and it | | | | of Os-Commerce Experts depicts a reliable out put |
| will not change due to this financial crisis. Western | | | | with reasonable prices. |
| companies are started viewing India as a strategic | | | | |