| Software companies are required to produce | | | | non-voice solutions, customer care, data |
| lots of software products for their clients. | | | | management and so on. Outsourcing firms hire |
| These software products being used for giant | | | | well educated English speaking young staff, |
| organizations such as airlines, banks, | | | | who are energetic and willing to work in |
| financial institutions, big corporate houses | | | | shifts. These outsourcing companies charge |
| and various government bodies, where lots of | | | | very economical hourly rates and most of them |
| data being stored and updated every day. IT | | | | are working even less than $7/- per hour, |
| (Information Technology) software companies | | | | which is much lower than standard hourly |
| in US, Canada and Europe who are taking up | | | | charges in U.S. |
| these projects require massive investment in | | | | |
| infrastructure as well as huge manpower to | | | | India has taken the lead in IT outsourcing |
| work on them. | | | | jobs. Its Bangalore city is now said to be |
| | | | Mecca of IT industry. With favorable |
| This is competitive world and every industry | | | | government policies and substantial |
| wants to be very competitive in every | | | | investment in infrastructure are making India |
| business. So is IT software industry. To cut | | | | as the great attraction for IT software |
| the labor costs, IT software companies are | | | | outsourcing jobs. By outsourcing their IT |
| increasingly outsourcing their jobs to | | | | jobs to India, U.S., Canadian and European |
| developing countries in Asia, Latin American, | | | | companies will not only save labor costs but |
| Africa and Middle East. Since ?cost saving? | | | | this will also help them to be more |
| is the prime objective of IT software firms, | | | | competitive, concentrate more on core |
| it is estimated nearly 50% of IT software | | | | competent areas and enjoy tax benefits. Once |
| jobs being outsourced to developing nations.. | | | | the IT software jobs are outsourced, |
| | | | companies can concentrate on marketing, |
| Most of the jobs outsourced are creating | | | | advertising, launching of new products, |
| software in .Net, Java/J2EE, database | | | | finding new customers and so on. |
| solutions, smartcard solution and wireless | | | | |
| mobile application developments. BPO | | | | Please do visit at Outsourcing to know more |
| (Business Process Outsourcing) are also | | | | about outsourcing. |
| helping their foreign clients in voice and | | | | |