According to a report by GlobalSourcing Now, the Global Knowledge Process Outsourcing industry (KPO) is expected to reach USD 17 billion by 2010, of which USD 12 billion (almost 70%) would be outsourced to India alone. Indian KPO sector has already taken steps in employing highly educated and talented people and number of KPO professionals is expected to cross more than 2,50,000 by 2010 compared to the current figure of 25,000 employees. The graph on the right suggests that Expected Growth in Global BPO and KPO Markets.
KPO is the short abbreviation of Knowledge Processing Outsourcing. It refers to series of high value added procedures where the objectives are directly dependent on skill set, knowledge and expertise. It refers to implementation of high level of expert subject knowledge.KPO has much skilled and expert workforce.
Collected By :
Dayanand Sharma
Information is Knowledge. Today’s economy is Knowledge economy. Knowledge processing is a continuous process of
creation and dissemination of information by bringing together the information industry leaders to create knowledge and
see meaning in information and its context. This Information had driven Knowledge outsourcing in known as Knowledge
Processing Outsourcing or KPO.
Typically, KPO services are offered in various domains such as data management, engineering services, healthcare services,
financial services, software services, e-learning solutions, market research & analysis, financial market research, life science
& pharma research, web-based market research, legal research services and so on. Pertaining to its diverse nature, it requires
a great deal of experience in specific process to be able to deliver the results within the set time-frame.
The benefits of KPO:
Company saves cost as well as valuable time
Operational efficiencies
Good knowledge of project management skills
Quality IT training
Access to highly skilled force
Improved quality
Large talented pool
"You focus on your core business to generate the revenue and beat the competitor...
while we take care of your KPO services"
How to choose the best KPO in India?
Selecting the right KPO solutions provider can be very challenging if you are looking out for KPO services for the first time.
While picking
the right KPO services provider will do a world of good to you, the wrong choice can potentially backfire in the
long run.
When it comes to KPO services, India has always remained the ultimate destination for many companies located overseas.
However,
among all these KPO solutions providers claiming to deliver quality services in a cost effective manner, it is often
very difficult to find
the right KPO solutions India provider who can truly live up to its commitments and deliver high quality within the specified time
frame. Hence, it is really essential to consider certain factors before you hire a KPO services India provider.
It depends on which process your business is related to, you can contact Rajasthan based KPO:
http://www.advancedesol.com
The good thing of joining Advanced E-solutions Pvt Ltd services that you get all the services under one roof on very
competitive price which is the actual reason for
outsourcing
business.
For medical records at Advanced E-Solutions Pvt Ltd, we strictly comply with HIPAA rules so that our healthcare
professional can have peaceful sleep regarding their
medical
data integrity.
Advanced E-Solutions Pvt Ltd was highly appreciated by one of its north America based clients to maintain their EMR(Electronic
medical records) by following the applied encryption methods.
One of our US based client appreciated when our accounts team at Advanced E-Solutions Pvt Ltd cracked the uncountable
non entered bills which saved them from
big billing
issue.
Our software developing team is always thirsty to offer the software solutions to the clients who obviously make their life so easy and they do not need to look for
unnecessary
application in the market. Who can get Benefits of KPO
Emerging KPO opportunities in following sectors:
E-Marketing
Pharmaceuticals and Biotechnology
Retail Industry
Medical Services
Research & Development
Writing & Content Development
Business and Technical Analysis
Legal Services
Learning Solutions
Intellectual Property (IP) Research
Animation & Design
Data Analytics
Business & Market Research
Network Management
KPO in India
According to the newswire Today, it wasn't much surprising that several estimates project India to be able to easily capture
15% of the world KPO business by the
year 2010.
It's also expected that India will achieve tremendous growth rate in the
technically advanced segments of KPO industry. The R&D in pharma/medical along
with data & market research is expected
to make up 50% of the total KPO business in India.
"KPO - The New Outsourcing Avenue for Indian BPO Market", the recently published market research report by RNCOS, provides exclusive coverage of all aspects of the KPO
industry in India. According to this report, "India has been the hottest destination for the majority of software offshore activity for quite some time now. By
far, India is the
most sought after KPO destination for foreign companies.
A KPO can provide quality work and on- time delivery with uninterrupted services. KPOs are the next big thing in the outsourcing
sector. Initially, KPOs focused on
data collection, updating financial models, patent searches and basic data
mining. But now KPOs have also started focusing on sector insights, equity research, patent
analytics,
high end data mining, analysis and recommendation. Some of the hot destinations for KPOs other than India are Russia, China, Czech Republic,
and Ireland.
