Saturday, January 21, 2006

High-End Services that can be outsourced to the Indian KPO sector.

Some Knowledge Process outsourcing Services that can be outsource to India are as follows:

1. Research & Development
2. Business and Technical Analysis
3. Business & Market Research
4. Animation & Design
5. Learning Solutions
6. Writing & Content Development
7. Medical Services
8. Data Analytics
9. Pharmaceuticals and Biotechnology
10.Legal Services
11.Training & Consultancy
12.Intellectual Property (IP) Research
13.Network Management
14.Database Services
15.And Lots More...

The Future of KPO

Accourding to a report the Global Knowledge Process Outsourcing industry (KPO) is expected to grow 46 percent to $17bn by 2010, of which USD 12 billion would be outsourced to India.

Indian KPO industry is expected to employ more than 250,000 KPO professionals by 2010. India's intellectual potential is the key factor for India being the favored destination for KPO industry. The current education system and the youth power has created a bulk of interest for investers.

As per some reports 70 percent of KPO sector is captured by India by 2010. Countries like China, Russia, Ireland, Israel are also expected to join KPO industry.

Knowledge Process Outsourcing

The evolution of the Indian BPO Sector has given birth to yet another wave in global outsourcing scene: KPO or Knowledge Process Outsourcing. India starts encouraging many overseas firms to start outsource their high-end knowledge work. Knowledge Process Outsourcing or KPO is expected to grow faster over the next 6 years then Business Process Outsourcing or BPO.

As India has a large pool of knowledge workers in various categories ranging from IT, Law, Accounts, Pharmacy, Biotechnology, Medicine, Engineering, Animation, Content Development, Research etc.