What Is IT Outsourcing - 1086 Words

India is facing competition from other countries around the world in IT outsourcing. China, Ireland, The Philippines, Malaysia, Vietnam, Poland, and Egypt are just some of the countries that are aggressively looking at IT outsourcing for growth. Over the years, these countries have been developing their country to be able to provide IT outsourcing and lay a strong foundation to sustain this new idea. According to KPMG (2016), some of the investments these countries have done are build a huge market share by delivering a wide-range of services across their products line, insights across industries, investments in industry specific offerings and intellectual property tools/templates and accelerators. KPMG (2016) states that the main reasons†¦show more content†¦As per the NASSCOM report, recently there were about 200 Indian companies offering BPO and related services looking for buyers. According to the Asia Pacific Journal of Research, bills have been tabled in five states, New Jersey, Maryland, Connecticut, Washington and Missouri where there is a ban that you cannot transfer data processing contracts to developing nations. Below is a table that shows the strengths and weaknesses for the top five countries that pose a risk to India according to the Asia Pacific Journal of Research (APJR, YEAR). Country Strengths Weaknesses Poland -High quality workforce -Location to western central Europe -Top choice for back office data support -High costs Egypt -Language skills -quality of graduates -Social political environment China -Business friendly -Have made fast strides to learn the English language -Strong infrastructure -Not the number one choice yet for voice work -low English proficiency Malaysia -Strong infrastructure -Favorable business weather -Talent pool is small -Less outsourcing experience The Philippines -Has the most developed outsourcing industry in terms of maturity, capability and range of service -Weak infrastructure According to the Asia Pacific Journal of Research, there are challenges and areas for improvement for India which are listed below. †¢ TelecommunicationShow MoreRelated What is outsourcing Essay2183 Words   |  9 Pages nbsp;nbsp;nbsp;nbsp;nbsp;What is Outsourcing? 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