Business Process Outsourcing
BPO stands for B
usiness process outsourcing. BOP means basically a form of outsourcing and it involves the contracting between the two parties. One party say ABC Bank has given contract to the XYZ Services Ltd to make a software program for them. The Bank will mention all the criteria to the other parties. Once the cost and time period settlement is over then the outsourced party starts the work. It doesn't need that a Bank or any other firm will keep programmer all the time that's why they outsource their project and in this way thy can say lots of money.
BPO comes under the category of back office outsourcing. Back office outsourcing concludes many things like internal business functions and it can be anything like human resources or finance and accounting, and front office outsourcing. If a Business process outsourcing (BPO) is fixed to serve in the outside a company's country then it is called as offshore outsourcing. But if the BPO projects is contracted to a firm neighboring nation then it is known as near shore outsourcing.
BPO industry comes under the information technology industry. You must have heard the terms like Knowledge process outsourcing (KPO) and legal process outsourcing (LPO) and let me inform you that these are some of the sub-segments of BPO (business process outsourcing) industry.
Kolkata, Inida Sector V site plan building
BPO Revenue:
If any country has taken the advantage of BPO Industry then that is India. India has revenues of around 11 billion US Dollar from offshore BPO. Not only that, India has also revenues of 30 billion US Dollar and it comes from the sector of IT (Information and Technology). There are many cities in India which are getting benefit of BPO sector but the main centers in India are Bangalore, Kolkata (specially Salt Lake & Rajarhat IT park Area), Hyderabad, Mumbai, Pune, Chennai, Noida, Gurgaon and New Delhi. India is still doing well because the figure show that India has done well even in this recession market.
Kolkata, India Sector V IT Park Area
BPO Benefits:
BPO has many benefits but the one of the most important advantages of BPO sector is the way in which it has helped to increase a company’s flexibility.
usiness process outsourcing. BOP means basically a form of outsourcing and it involves the contracting between the two parties. One party say ABC Bank has given contract to the XYZ Services Ltd to make a software program for them. The Bank will mention all the criteria to the other parties. Once the cost and time period settlement is over then the outsourced party starts the work. It doesn't need that a Bank or any other firm will keep programmer all the time that's why they outsource their project and in this way thy can say lots of money.BPO comes under the category of back office outsourcing. Back office outsourcing concludes many things like internal business functions and it can be anything like human resources or finance and accounting, and front office outsourcing. If a Business process outsourcing (BPO) is fixed to serve in the outside a company's country then it is called as offshore outsourcing. But if the BPO projects is contracted to a firm neighboring nation then it is known as near shore outsourcing.
BPO industry comes under the information technology industry. You must have heard the terms like Knowledge process outsourcing (KPO) and legal process outsourcing (LPO) and let me inform you that these are some of the sub-segments of BPO (business process outsourcing) industry.
Kolkata, Inida Sector V site plan buildingIf any country has taken the advantage of BPO Industry then that is India. India has revenues of around 11 billion US Dollar from offshore BPO. Not only that, India has also revenues of 30 billion US Dollar and it comes from the sector of IT (Information and Technology). There are many cities in India which are getting benefit of BPO sector but the main centers in India are Bangalore, Kolkata (specially Salt Lake & Rajarhat IT park Area), Hyderabad, Mumbai, Pune, Chennai, Noida, Gurgaon and New Delhi. India is still doing well because the figure show that India has done well even in this recession market.
Kolkata, India Sector V IT Park AreaBPO has many benefits but the one of the most important advantages of BPO sector is the way in which it has helped to increase a company’s flexibility.
I am vary glad to say this, After reading your posti have a better understanding of What is BPO Jobs? They are many sites to know more words about BPO but your site is amazing
December 23, 2011 at 1:32 AM