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| BPO in CEE |
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Budapest, 5th August, 2010: Synergon Group reached a sales revenue of 8,139 million HUF with 97 million HUF operating profit in H1 2010.
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Cast your minds back a few years and think about which geographical locations were considered service providing power houses. India, UK and the US were the big three, collectively making up a huge chunk of the global services market.
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The global sub prime crisis will force financial institution to offshore more work to cut cost.
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The revolution in telecommunication and computing allows corporations to benefit from tapping low cost, high quality labor from around the world. As corporations embark on outsourcing initiatives to leverage these benefits, a question corporations often grapple with is: How much to outsource and offshore?
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A new report from Ovum, a global analyst and consulting company, says that software development expertise is becoming more important for Business Process Outsourcing (BPO) services providers as the cost reduction benefits from staff offshoring beginning to fade.
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The rules have changed, and business process outsourcing (BPO) has become the cornerstone of the "lean and mean" way of doing business and staying competitive.
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The global sub prime crisis will force financial institution to offshore more work to cut cost.
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While everywhere from Egypt to Thailand is being cast as the next offshoring hotspot, India's slice of the business process outsourcing (BPO) pie is only going to get bigger.
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Business Process Outsourcing BPO companies dealing in domestic market have not been affected by the economic slowdown so far.
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Every successful business begins with one common element: an idea. Whilst having the courage and conviction to act on the idea will have been central to the whole process of starting a new company, careful planning and meticulous attention to detail will essentially determine how successful the organisation is in the long-term.
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| Current Events |
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| CEEOA Association |
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