India and Canada continue to lead as top outsourcing destinations, while eastern Europe was rapidly gaining ground as the preferred outsourcing destination for western Europe, according to an annual white paper presented by Neo IT, a leading offshore advisory and management firm.
Philippines, Malaysia and Mexico were also making steady progress as preferred global destinations, said the white paper, titled "mapping offshore markets update 2005", which examines the country's capabilities of the leading contenders for outsourced BPO and ITO functions.
As per Neo It Offshore Attractive Index (which rates each country's characteristics to generate a quantitative net cost benefit of outsouring to that destination based on Financial benefit, service, maturity, people, infrastructure and catalyst) India, Canada, China, Poland and Ireland ranked among the top five.
Other countries ranked include Ireland, Czech Republic, Russia, Malaysia, Mexico, Hungary, the Phillipines, Brazil and South Africa, a release quoting excerpts from the annual white paper said.
The paper outlines the primary factors to consider when choosing an offshore outsourcing destination such as government support, educational system, geopolitical situation, business environment, cultural affinity, time zone and language proficiency.
Neo It focuses on assisting companies in maximising the returns from the off shoring of information technology and business process, the release added.
Friday, September 23, 2005
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