What work can be offshored
Anything and Everything can be offshored.
Manufacturing remains one of the most popular industry to offshore. Many enterprises have moved their manufacturing to low-cost locations where it is easier to find skilled labour. Banking,
Finance and Accounting is another area where offshoring has been leveraged extensively. In fact, India and Philippines are home to many captive and third-party service providers who support large banking and financial services institutions. Technology remains a favorite area which sees consistent offshoring and outsourcing. Most of the world’s largest enterprises have either outsourced their IT/ Technology work to India or have set-up captive technology centers or GCCs and data centers in the country. If we talk of entry-level work,
almost all major enterprises have their Contact/Call/Customer Support Centers and their Data Entry requirements offshored to low-cost
locations like India and Philippines.
Manufacturing remains one of the most popular industry to offshore. Many enterprises have moved their manufacturing to low-cost locations where it is easier to find skilled labour. Banking,
Finance and Accounting is another area where offshoring has been leveraged extensively. In fact, India and Philippines are home to many captive and third-party service providers who support large banking and financial services institutions. Technology remains a favorite area which sees consistent offshoring and outsourcing. Most of the world’s largest enterprises have either outsourced their IT/ Technology work to India or have set-up captive technology centers or GCCs and data centers in the country. If we talk of entry-level work,
almost all major enterprises have their Contact/Call/Customer Support Centers and their Data Entry requirements offshored to low-cost
locations like India and Philippines.