admin Feb 15, 2010 No Comments
According to a report by Global Sourcing Now, the Global Knowledge Process Outsourcing industry (KPO) is expected to reach USD 17 billion by 2010, of which USD 12 billion would be outsourced to India. In addition, the Indian KPO sector is also expected to employ more than 250,000 KPO professionals by 2010, compared with the current figure of 25,000 employees.
A report by Evalueserve predicts that India will capture more than 70 percent of the KPO sector by 2010. Apart from India, countries such as Russia, China, the Czech Republic, Ireland, and Israel are also expected to join the KPO industry.
The India Advantage
With its firepower of engineers, chartered accountants, doctors, MBAs, lawyers, research analysts, scientific researchers and PhDs, India is well positioned to address the global KPO need with a focused array of KPO services. India provides ready access to a large intellectual pool with domain expertise in specialized areas, coupled with computer skills and proficiency in the English language, the ideal combination for successful offshore KPO.
Compiled by: www.ivyproschool.com