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E I C S (P) Ltd.
No.6, 23rd 'A' Main Road, Marenahalli,
J P Nagar 2nd Phase,
Bangalore.
India - 560078. |
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About
Us
BPO [Business Process Outsourcing] and Call Centers are the latest
mantra in India today. As the current sources of revenue face
slower growth, software companies are trying new ways to increase
their revenues. BPO is top on their list today. IT services companies
are making a quick entry into the BPO space on the strength of
their existing set of clients.
Actually, setting up a call center is capital intensive. An ordinary
BPO center that takes care of pure back office operation [e.g.
payroll, data entry] will not be as expensive as a call center.
The list of functions being outsourced is getting longer by the
day. Call centers apart, functions outsourced span purchasing
and disbursement, order entry, billing and collection, human resources
administration, cash and investment management, tax compliance,
internal audit, pay roll...the list gets longer everyday. In view
of the accounting scandals in 2002 [Enron, WorldCom, Xerox etc],
more and more companies are keen on keeping their investors happy.
Hence, it is important for them to increase their profits. BPO
is one way of increasing their profits. If done well, BPO results
in increasing shareholder value.
Benefits derived from BPO can be
summarized as follows:
1. Productivity Improvements
2. Access to expertise
3. Operational cost control
4. Cost savings
5. Improved accountability
6. Improved HR
7. Opportunity to focus on core business
Revenue \ Year |
2002 |
2003 |
2004 |
2005 |
2006 |
2006 |
CAGR |
| Offshore BPO Revenue |
1,322 |
1,825 |
3,017 |
6,439 |
12,563 |
24,230 |
78.91 |
| Indian BPO Revenue |
912 |
1,205 |
1,961 |
3,928 |
7,412 |
13,811 |
69.35 |
| Total BPO Market |
110,167 |
121,687 |
131,171 |
143,090 |
157,033 |
173,070 |
9.45 |
| CAGR in % 2002-07 |
Figures in $ million |
Source: Gartner Dataquest (May 2003) |
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