|
Who will outsource more in 2010 - law firms or corporates? A recent survey conducted by ValueNotes to find the willingness of law firms and corporate legal departments to offshore legal services reveals that corporates will offshore more aggressively by 2010. Hiving off pharma R&D units - the key to lower risk and better valuation? As the industry becomes more and more competitive, Indian pharmaceutical companies are aggressively planning strategies to de-risk their business and are resorting to hiving off their R&D units. Opportunity in Yellow Pages publishing outsourcing The information search business is growing globally and the use of yellow pages is set to increase. Despite the increasing competition faced due to rapid expansion of Internet and increasing presence of the web media, the yellow pages industry has been growing at around 2.5-3.5% per annum. Market Research Outsourcing (MRO) industry surpasses domestic Market Research industry in India The domestic market research industry is estimated to be $145 million for FY07, and is expected to have a modest growth rate of 20% in the near future. In contrast, the market research outsourcing (MRO) industry has grown to $148 million in FY07, and is slated to reach $800 million by FY12 at a CAGR of 47%. ValueNotes releases the findings of its recent study on “Market Research Outsourcing” An executive briefing session was conducted by ValueNotes in Mumbai on Thursday, 31st January 2008 to present the main findings of their latest research study - “Market Research Outsourcing (MRO) – The India Growth Story”. India Opportunity in Bioinformatics Outsourcing to almost double by 2010 (December 2007) A new study by Pune-based ValueNotes in collaboration with Mumbai based KnowGenix, titled "Bioinformatics Outsourcing for Life Sciences – India Opportunity” shows that global clients are increasingly and favorably looking at India to cater to their bioinformatics needs. Indian Legal Services Offshoring grows by 50% CARG since 2005 (July 2007) A recently released report by ValueNotes estimates that the current Indian revenues from legal services offshoring are slated to grow from $146 million for the calendar year 2006 to reach $640 million by end 2010.
ValueNotes’ study of the publishing offshoring space in India indicates growing vendor maturity (May 2007) Recent findings from a detailed study on publishing offshoring indicate that industry revenues for Indian offshoring stand at $440 million in 2006. At an estimated growth rate of 35% per annum till 2010, the industry will be worth $1.46 billion by 2010.
Drug discovery offshoring – all about finding the right partners (April 2007) Global pharmaceutical companies are increasingly turning to Indian vendors offering drug discovery research using newer techniques at much lower costs. Major drug discovery companies are realizing that the question is no longer whether to outsource or not, but one of finding the right partners.
Offshoring of healthcare revenue cycle management services to gain traction (February 2007) Healthcare BPO services provider Zavata India’s $80 million contract from four major hospitals in the US in November last year is likely to set a strong precedent for more contracts involving turnkey end-to-end Revenue Cycle Management (RCM) Services.
Shortage of accountants in the US leads to tax returns prepared from India (November 2006) A report by Pune-based ValueNotes, estimates that as many as 360,000 US tax returns were prepared in India in 2006. It anticipates further growth, estimating at least 1.6 million returns will be prepared here in 2011.
Insurance offshoring set to accelerate to a higher growth phase (October 2006) A report by Pune-based ValueNotes anticipates that offshoring of insurance services to India will be propelled into a higher growth phase with more than 30 percent annual growth every year for the next three years.
ValueNotes releases report on Banking and Financial Services Offshoring (July 2006) According to estimates by Pune-based outsourcing research firm ValueNotes, India is the preferred BPO destination for offshoring banking and financial services (BFS), earning $1.83 billion in revenues and employing 125,000 persons in 2005-06. Automobile design offshoring to witness accelerated growth (July 2006) “Auto design and engineering services is a huge emerging opportunity that India is well positioned to exploit – given the growing maturity of its automobile industry and proven offshoring capabilities”, says Arun Jethmalani, CEO of ValueNotes.
Silent revival: Medical Transcription back into the ramp-up game (May 2006) “Significant growth is envisaged for this industry in the near future; mostly centered around Medical Transcription Service Organizations (MTSOs)”, says Arun Jethmalani, CEO of ValueNotes.
The Five Most Likely Outsourcing Trends of 2006 (January 2006) Small cities, knowledge process outsourcing and global competencies - these are the buzzwords for the India-based outsourcing industry in 2006. ValueNotes Database looks at what's in store for BPO in India in 2006.
Offshoring of legal services to India slated to grow ten times by 2010 (December 2005) With the increasing acceptance of India as a preferred offshoring destination, a large number of non-CRM and non-transaction related services are being offshored. Among these, a range of higher-value services, like legal services, requiring not just skill, but "knowledge" are rapidly gaining traction.
Indian Offshoring in the Publishing Vertical to touch $1.1 billion by 2010 (September 2005) According to the latest research report "Offshoring in the Publishing Vertical" released by ValueNotes Database Pvt. Ltd., current publishing outsourcing revenues in India are estimated at approximately $200 million and are expected to cross $1 billion by 2010. "Focused on Diversification": A report based on detailed profiles of India's 50 leading third party BPOs (January 2005) The ValueNotes Outsourcing Practice brings you the first-ever compilation of detailed profiles of the top 50 third-party business process outsourcing (BPO) vendors in India. These profiles not only give company information like contact information, key people, financial data, infrastructure details, recent news, expansion plans, management, but also an insight into their strategies, competitive positioning, future outlook and much more.
Global Insurance Outsourcing - The India Perspective: Overview, Trends, Insights and Key Vendor Profiles (August 2004) The potential for insurance outsourcing market is enormous, with over 1500 Property & Casualty (P&C) insurance companies and 1300 health insurance companies in the US alone. Globally, the banking, financial services and insurance (BFSI) vertical is the fastest growing segment in outsourcing. India's BFSI outsourcing revenues in 2003 stood at $1.1 billion, which constituted 2.5% of global BFSI outsourcing.
R&D Outsourcing - The India Edge: Key Insights and Success Factors (August 2004) The story of R&D outsourcing in India dates back to 1985-86 when Texas Instruments was the first to set up a center in Bangalore. GE and Intel soon followed suit, as did other global technology and telecom companies like Cisco, Microsoft and Motorola. The trend gained strength as, not just large, but medium, small and even startups set up research bases in India. |