Good quality work. Lower costs, On time delivery of services, Uninterrupted services, Adaptability to changes in required quality. Does it imply that with the rise of KPO entities, BPO (Business Process Outsourcing) become extinct. It is undoubtable that KPO is a step ahead of BPO but this does not mean the end of BPO. The BPO Industry will exist and continue to be successful in India . BPO has its own strengths and way to solve a particular problem and the BPO market is long term in nature as compared to the KPO market.
With every passing day the BPO market expanding and so is the various systems and processes through it. The following are various areas in which the BPO presence shall not remain in existence but shall also keep growing. Any company involved as service provider in the KPO industry works in close coordination and association with the client and provides services that are predefined in terms of quality and standard of work. Outsourcing of activities to KPO companies can provide the following benefits.
Valuable cost savings that can be utilized elsewhere, Trained professionals at work, Standard operational efficiency, Increase in profits, Savings in time and management energy for maintaining in house services, Option to recruit a larger work force without raising costs. The following are various areas in which the BPO presence shall not remain in existence but shall also keep growing.Data processing, Basic data entry, Department Outsourcing, Provides technical support, Provides email support to its customers Even after the entry of KPO in the Indian market, the amount of total revenue earned in the outsourcing industry in BPO will be higher as compared to the KPO industry.
The BPO exports will be as higher as $20 billion by the end of 2010 in comparison to KPO projections of $12 billion in the same period. As per a recent study done by experts the BPO industry is expected to grow globally at a CAGR of over 26 percent by 2010. KPO service providers offer their clients an opportunity to work with some of the best brains in the profession without having to hire them permanently. Often the clients may not be able to find the skilled professionals that they need for the job and KPO provides them access to top quality and high-level intellectuals. Good KPO service providers are able to provide excellent infrastructure, multiple delivery modes such as offshore and onshore and can scale up or down their resources.
Wednesday, March 4, 2009
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