India outsourcing information:

NASSCOM National Association of Software and Service Companies, the premier trade body and the chamber of commerce of the IT software and services industry in India.

NASSCOM is a global trade body with over 1100 members, of which over 250 are global companies from the US, UK, EU, Japan and China.

NASSCOM's member companies are in the business of software development, software services, software products, IT-enabled/BPO services and e-commerce. More information about why destination should be India:

http://www.nasscom.in/Nasscom/templates/NormalPage.aspx?id=6311

Global sourcing trends:

• Worldwide technology products and related services spend is estimated to cross USD 1.6 trillion in 2008, a growth of 5.6 per cent over 2007.
• Worldwide BPO spending in 2008 grew by 12 per cent, which was the highest among all the segments. BPO today is an integral part of the global delivery chain and is increasingly involved in mission critical applications.
• Global sourcing market size has increased threefold since 2004, to reach USD 89-93 billion in 2008.
• Offshore IT-BPO service providers continued to build their global delivery footprint, expanding service lines and also growing inorganically by acquiring firms in the US and Europe to build skills and “nearshore” delivery capabilities. Therefore, though the established players dominated the market, Indian heritage service providers gained ground and market share.

From Nascom website for more information visit:

http://www.nasscom.in/Nasscom/templates/NormalPage.aspx?id=56966

Outsourcing articles:

It sounds like magic: Send your back-office chores away at night and find the finished work waiting with your e-mail in the morning. Believe it or not, some CPA firms are doing it: e-mailing tasks to accounting and programming personnel in India, where the workday begins just as Americans head home. There, Indian professionals process the files and transmit the results electronically before dawn breaks in North America.