Once you’re more familiar with the service provider, you can collaborate more effectively to achieve the desired outcomes. For instance, your outsourced team may not have the same working days or holidays as your country. They may also have different frames of reference or jargon while working. As a result, companies outsourcing to India can benefit from cost-effective labor and reduce their operational costs. Moreover, most software and communication tools used in India have an English user interface, including popular cloud accounting software like Xero.

Latin America mostly offers a bunch of generic skills which features on the mid- to low-end of the expertise spectrum, Vohra says. There are a lot of businesses that shut down because of significant restrictions due to community quarantines. Many BPO establishments have difficulty bouncing back after the months-long economic lockdown. The considerable workforce did not help outsourcing companies in India during quarantine. More people means more expenses in transporting equipment of their agents to work remotely. Speaking of establishments, the country also has a lot of space to build new infrastructures.

Excellent legislative support

An NDA is an agreement signed between the client company and its partner software development company. It acts as a formal agreement to protect the privacy of the foreign company and keep the software development project confidential. It’s important to understand the challenges you may face when outsourcing software development to India. It can help you determine if it’s a viable option for your business or take preemptive measures to overcome them. Now that you know the benefits of outsourcing software development to India, let’s look into its challenges. This means that an Indian software outsourcing company can take over the work after your Europe or USA-based onshore team ends their shift.

• Intellectual property (IP) rights are also an important legal aspect of outsourcing.
• Recognizing their customer service, standard development & design process, almost 75% of their clients chose them for a second engagement.
• They analyze your requirements and add or reduce team members to ensure everything goes as planned.
• To counter this congestion, the Indian government is offering several programs to encourage outsourcing companies to set up operations in emerging cities like Nasik, Chandigarh, and Ahmedabad.
• Clarion Technologies is a leading IT Outsourcing company with 3 state-of-the-art development centers in India.

Major names like Microsoft maintained that coronavirus led to two years worth of digital transformation in just two months. More and more businesses would increase their digital spend to catch up with the future of tech. Most businesses are now turning their incremental cost and cost business model into a digital one and will be increasing their spend to stay competitive in the digital-first era. This explains why most Western countries like the US, Canada, and other European countries have tapped Indian companies time and time again.

Choosing the right outsourcing software development company is essential for a profitable partnership. Indian IT companies offer high-quality services by leveraging the latest technologies and the country’s top-notch tech infrastructure. It can be difficult and costly for a small business or startup to hire an in-house experienced accountant. They could outsource their accounts to a country like India instead, and benefit from a large talent pool and labor market. Sage BPM is an accounting and back-office service provider that caters to businesses based in the UK, USA, and Australia. It’s used by 20+ clients across the world and is a great choice for small to mid-sized businesses.

Cost-Savings

Outsourcing to India is very cost-effective, especially if compared to hiring in-house, where developers cost around $80 per hour. There you have it… your comprehensive guide to outsourcing companies in India. SoluLab provides full spectrum, 360 degree services to enterprises, startups and entrepreneurs helping turn their dreams into awesome software products. Azilen Technologies is a product development company specializing in managing the entire product life cycle.

Growth in non-IT outsourcing services:

They are the most vulnerable because of their lack of cyber security details. Outsourcing companies in India face several issues in their BPO operations. Most companies rely on them to maintain their website and develop business applications. However, the economic depression teaches them they are not doing it cost-effectively. They forwarded services to BPOs like data capture, document scanning, and accounting procedure. Workers, consumers, and industry experts even planned a rally outside Telstra’s headquarters.

reasons global companies outsource to india

India is the only country where Cisco outsources software and product development work. Although there is difficulty in finding talented developers, Cisco has set plans with India. The company eyes to invest more and benefit from its pool of skilled professionals.

This index assesses the countries’ capacity to deliver services based on parameters like financial potential, talent availability, business environment, digital resonance, etc. This ensures efficient communication between your in-house and outsourcing partner. Also, your in-house team can easily collaborate with the outsourcing partner or a freelance Indian developer – preventing confusion and saving time.

Center caters to suppliers, customers, branches, and other technology centers worldwide. Microsoft signed a three-year outsourcing deal with Infosys Technologies in 2010. Help desk, desk-side services, and application support—the agreement covered over 450 locations across 104 countries. To name a few of the leading outsourcing software development providers in India – Tata Consultancy Services, Hyperlink InfoSystem, and HCL Technologies. As we have mentioned earlier, India is globally renowned in the IT industry. Outsourcing to India allows multinational companies to fill talent gaps in their software development and web development jobs.