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The Economic Times (December 2008)
LPO firms may find it difficult to attract talent: Survey
Legal Process Outsourcing (LPO) firms may find it difficult to attract talent as career with an LPO was found to be the least preferred among law students, a survey conducted by ValueNotes, a leading provider of business information, has said.
CIOL (December 2008)
Satyam fiasco: Just a ban or a can of worms?
Is the World Bank ban on Satyam leading us to read too much into the Ethical Quotient of the industry? Some preliminary answers
"This brings about the loopholes in the system on areas like corporate governance and transparency and at the same time is reassuring that the system is able to track such things, opines Arvind Kher, chief strategy officer, Value Notes, the noted research and market analysis specialist. Global Services Media (December 2008)
Global Legal-Services Market: Crisis Creates New Opportunities
Offshore legal services industry has been reporting over 40 percent growth annually, we can expect an even higher than average growth over the next two years.
By Neeraja Kandala, ValueNotes
An uncertain economic climate coupled with structural changes in the global marketplace these are challenging times for most businesses. And law firms are no exception. Several law firms such as Clifford Chance, Cadwalader Wickersham & Taft announced layoffs while some like Thelen Reid Brown Raysman & Steiner have shut shop. U.K. conveyancers as well as U.S. attorneys are facing an extremely difficult time with the collapse of the US housing market.
BERNAMA.COM (November 2008)
Local Shared Services & Outsourcing Industry To Hit US$2 Billion By 2012
Deputy Science, Technology and Innovation Minister Fadillah Yusof officially launched the three-day conference at Kuala Lumpur, Malaysia. At the conference, Outsourcing Malaysia announced partnerships with India-based business research and competitive intelligence firm, ValueNotes, on market intelligence and locally-grown multinational educational institution, Asia eUniversity, on human resource and development. BusinessWeek (October 2008)
Outsourcing Shops Feel the Street's Pain
In the first half of 2007, financial companies around the world handed out at least 48 major outsourcing contracts with a total value well in excess of $5.5 billion, reports researcher ValueNotes. The first half of this year saw just eight such contracts with a total reported value of $767 million. "A lot of companies are putting on a brave face and saying this is just a temporary phase," says ValueNotes CEO Arun Jethmalani. "But how temporary is temporary?"
The Hindu Business Line (September 2008)
Newspaper publishing outsourcing industry on growth mode
“Dwindling circulation, drop in advertising revenues, growth of the Internet and rising newsprint prices have contributed to the downward trend in margins. Amongst measures like reducing global coverage, cutting edition sizes, streamlining resources and cutting excess jobs, several leading newspaper companies are evaluating offshoring,” ValueNotes said
The Financial Express (September 2008)
US newspapers plan to outsource to Indian publishers
” ValueNotes Outsourcing Practice has estimated India’s share of the market at $35 million in 2008. “The current Indian penetration into this market stands at around 1%. We estimate the revenues to grow to $120 million and manpower to grow to over 5,500 by 2012,” said ValueNotes. The Hindu Business Line (July 2008)
Patent offshoring sector to grow at 35%
The number of people employed in this industry in India will grow to 6,950 in the next four years from 1,550 as on 2007-end, according to a report by Pune-based research firm Valuenotes Database.
Times of India (July 2008)
India emerges as hub for patent offshoring
A study by ValueNotes, a Pune-based research firm shows, revenues from the Indian patent services offshoring industry are estimated at $46 million for 2007. It's expected to reach $206 million by end 2012. The study reveals the current addressable value of the patent services offshoring market is estimated at $2.2 billion. Washington Post (May 2008)
U.S. Legal Work Booms in India
In the past three years, the legal outsourcing industry here has grown about 60 percent annually. According to a report by research firm ValueNotes, the industry will employ about 24,000 people and earn revenue of $640 million by 2010. The TIME Magazine (April 2008)
Call My Lawyer ... in India
ValueNotes, a business-research firm based in Pune, India, says a subset of KPO called legal process outsourcing (LPO) has grown revenues 49% from 2006, to $218 million last year. The Hindu Business Line (April 2008)
An eye on the action
Indian tech players are looking to land engineering services deals, thanks to the auto drive in the domestic market, Japan and China. Business Standard (February, 2008)
Bioinformatics market to double by 2010
The Indian bioinformatics market is poised to double by 2010 — from $32 million (Rs 120 crore) to $62 million (Rs 240 crore) by 2010, according to a report by research firm ValueNotes Outsourcing Practice. The Times Of India (February, 2008)
Mkt research biz to touch $800m
"At a CAGR of 36% it will touch $800 million by 2012. The next two years (up to 2010), will witness value growth due to capacity addition in high-end services," says Arun Jethmalani, CEO, ValueNotes. Immigration Daily
Legal Process Outsourcing (LPO): 2007 And Beyond
Throughout 2006 and 2007 the offshore legal outsourcing market also witnessed the entry of some of the world's largest Business Process Outsourcing (BPOs) companies together with a significant level of venture capital and private equity funding. The Wall Street Journal (February,2008)
Offshore biz offers young lawyers a break
Dozens of legal process outsourcing companies are drawing law school graduates away from traditional courtroom litigation and corporate law practice to the offshoring industry The Hindu Business Line (January, 2008)
How to stop the fire?
Billing in rupees instead of the US dollar or any other global currency is also being talked about in BPO circles. However, not many are convinced about the viability of this model. Indiatimes Infotech (January, 2008)
Indian BPO majors heading Sri Lanka
As Indian ITeS players spread their wings and open global centres, Sri Lanka is fast emerging as a favourite destination for many vendors. Global Services Media (October 2007)
American, British Newspapers to Offshore Services Worth $3.75 Bn
As U.S.- and the U.K.- based newspapers battle revenue shortfalls, newspaper publishing outsourcing to India takes off, says a recent study
BioSpectrum Asia (September 2007)
The CRO Power
Outsourcing of drug discovery research to India is on the rise… Another report by Pune-based research firm Value Notes, forecasts a growth of 23.6 percent annually for the industry up to 2010.
International Herald Tribune (August 2007)
U.S. firms outsource legal services to India
Companies with in-house legal departments in India include DuPont, Cisco Systems, and Morgan Stanley, according to ValueNotes Database, which is based in Maharashtra, India. The Indian legal services industry will more than quadruple to $640 million by 2010 from $146 million in 2006, ValueNotes said.
The Economic Times (August 2007)
It's time for retail offshoring to take a leap
According to ValueNotes, a Pune-based research firm, traditionally, retailers started by outsourcing their IT functions to India but gradually they have embraced BPOs as well.
Global Services Media (July 2007)
Offshore Publishing Biggies
There are over a 100 offshore service providers in India for publishing services (legal, educational and academic publishing), according to a report by ValueNotes.
Live Mint (April 2007)
Pharma offshoring will present a $7 billion opportunity by 2013
Outsourcing of drug discovery research is slated to show the highest growth of 26% a year, according to the report by the Pune-based Value Notes
Times of India (March 2007)
Revenue from healthcare BPO to triple by 2011
More than half of the US hospitals are directly or indirectly offshoring various components of healthcare services, offshore vendors can now expect more end-to-end work, according to a recent report by Pune-based market research firm ValueNotes. Financial Express (February 2007)
BPO revenue cycle services earnings to hit $410-m by 2010
The Indian share of BPO revenues from the offshoring of revenue cycle management (RCM) services were estimated at $125 million for 2006, and total revenues from this segment are expected to reach $410 million by 2011, stated a ValueNotes Research report.
Economic Times (November 2006)
Desi CAs pen US tax returns
After doctors, lawyers and engineers, Indian CAs are troubleshooting for Americans now. Shortage of good accountants there is leading to outsourcing of tax returns to India. This year, 3.6 lakh US tax returns were prepared in India. And the numbers are growing.
Rediff.com (November 2006)
Tax advisor shortage: US returns prepared in India
As many as 360,000 US tax returns were prepared in India in 2006, according to a report prepared by Pune-based ValueNotes, a leading provider of business intelligence and research.
Business Standard / Rediff.com (October 2006)
Insurance offshoring revenues to touch $2 bn
Revenues from insurance offshoring to India are expected to grow to around $2 billion by 2010 from the present $690 million, according to a report by research company ValueNotes.
SourcingMag (July 2006)
Automotive Design Offshoring to India
The intense competitive pressures in the automobile industry, especially in the US and Europe, have created a set of enabling factors, or drivers that are forcing OEMs and ancillaries to explore outsourcing and offshoring options.
Times of India (May 2006)
Medical transcription back in the pink
If you thought the medical transcription industry in India is history, think again. Latest studies reveal that it is raring to take off yet again. The ValueNotes study says that by 2010, work worth $860 million will be offshored globally.
Dnaindia.com (May 2006)
Medical transcription scripts a revival
A report by Pune-based research firm, ValueNotes, says the once written off medical transcription outsourcing industry is set for a major revival. Revenues, the report says, could soar to from $195 million to $647 million by 2010. At that point, the report says, the sector will employ 52,000 people, against 18,000 now.
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