'offshore' (22)

In the wake of rising cyber attacks from china, would the western companies continue to trust it for outsourcing their services? This question has been asked in a leading UK magazine – Computer world

China's IT and business process outsourcing (BPO) market today is in the range of $4 billion to $5 billion which is almost half of the business generated by just one of…

The Indian success story in tapping the outsourcing boom has caused many heartburns. Many protectionists have been up in arms against outsourcing as a matter of fact, the last US election had many passionate speeches in favor and against outsourcing. Having said that Outsourcing industry is synonymous with bringing economic and social benefits to countries where it flourished. In countries such as India the industry has delivered tangible benefits to tier 2 and tier 3 cities by providing…

As it is the era of social media networking, there are a number of new trends emerging out of nowhere. As all kinds of businesses are turning towards the internet and marketing through their websites, social media networking websites are becoming the best channel to reach out to their desired customers and clients. There are a number of ways to attract customers to your website and advertise your products and services, currently the best strategy implied by internet marketers is advertising…

An IBC is a legal entity incorporated in a tax haven which is free from all local taxes and cannot conduct any business activity in the country of the incorporation. Offshore, in its broadest sense of the term, means simply a jurisdiction other than your own. Offshore companies are most commonly used for offshore banking to conduct international trade, investment activities or for assets protection. Offshore companies are also used for the ownership of real property and land, for ownership…

The large number of emerging business process outsourcing companies is a sign that the coming era is going to experience some serious outsourcing. According to a research that was taken out recently, about 70% businesses within the United States have outsourced one or more sectors. Outsourcing, initially, was limited to call centers, however today outsourcing has no limitations or boundaries. However,…

To start a business and establish it in todays economically unstable world is quite troublesome. What is even more troublesome is to get things in flow and grow your business. If you aren’t putting enough effort that will enable the growth of your business, there are chances sooner or later it will start going in loss. Running business is a constant struggle of updating and growing. There are many things that you have to take care of and if things get out of your hands, diverting your…

According to a research conducted by National Outsourcing Association of the United Kingdom, majority of the British have a grave misunderstanding related to outsourcing. Most of the people living in England believe that outsourcing is an evil that robs jobs. However, NOA’s analysis of 2011 resulted in opposite findings. These misconceptions are linked with the loss of jobs, outsourcing to India and opening of brand factory in China. This…

Undeniably, outsourcing has really benefited the receiving countries. Countries like India, China, Bulgaria, etc have developed their infrastructure tremendously to match up with the outsourced projects. The employment scenario has also been better for these countries. However, it is not that only these countries have benefited from outsourcing, the foreign investors are also very happy to outsource and work. It is a mutual thing which has benefited both the provider and receiver. There may…

If at this point one returns to the question of how big is global production sharing, the

answer clearly is ‘very big’. (Yeats, 2001)



Historically, companies in the United States, Europe and Japan have led globalization, because those countries pushed products and services into developing countries. As the business of offshore sourcing grows, globalization is beginning to become widely accepted elsewhere. With "nearshore" and offshore sourcing, the global equation has…

Magdalena Szarafin has been regularly enriching the BPOVoice members through her insightful blogs and discussions. BPOVoice.com interviewed her to know her views and opinions on the various important aspects of outsourcing. Below are the excerpts:



How can the emerging destinations be more attractive to the investors?

If you want to make a destination attractive to the investors, just try to put yourself…