Tuesday, February 15, 2011

Four Characteristics of the International Service Outsourcing Market

This article from http://news.at0086.com/China-Outsourcing-Services/Four-Characteristics-of-the-International-Service-Outsourcing-Market.html

As a product of increasingly refined social division of labor and IT technology development, the Service Outsourcing will become a new vital driving factor along with the tide of the new round industry shift. What kind of opportunities and challenges does the rapid developing service outsourcing will bring for the world-wide countries and enterprises in the new century, as well as the related large service outsourcing market?
China and India become the two biggest world outsourcing bases
The world’s developed countries and regions mainly serve for outsourcing exporting regions, and developing countries are the main service outsourcing recipient places, Asia undertakes most outsourcing business especially, which occupies 45% of the international outsourcing business. China, India, Ireland, the Philippines, Russia and some other countries are the main competitors of the international outsourcing markets. However, China and India have become the main attractions in the manufacturing and service trade outer pack of the developed countries, along with the increasingly development and perfect of the international service outsourcing.
Expansion of Service Outsourcing Area
Nowadays, along with the total amount increase in the world, the new service outsourcing area is being formed gradually, and the definition of the service outsourcing has a new extension, especially the improvement of service outsourcing requiring skill with the help of the development of information and network technology for the past few years. Now the coverage of the international service outsourcing has been changed from traditional information technology and operation flow outsourcing to many areas, such as the areas of finance, insurance, accounting, human resource management, media public administration and some others.
IT and Financial Service Outsourcing become the leading parts
Along with skill-intensive and knowledge-intensive oriented development of the service structure, the high and new technology related or dependent service outsourcing are developing rapidly, but the IT and Financial Service Outsourcing are still the leading parts. IT outsourcing service includes IT systemic and operation flow outsourcing service. Because of the increasingly complex internal integration and external combine of the financial circle, as well as the division of labor based on specialization and scale economy influence, there are more Financial Departments choose the international outsourcing, so that the Data Center, Underwriting and Claim Management, stock deal and financial analysis can be conducted in some appropriate low-cost centers.
Vertical Markets Earn Widespread Respect in the International Outsourcing Service
Generally speaking, the outsourcing service items have no connection with product classification, especially in the IT area. However, with the spirited competition among outsourcing markets, the Outsourcing Service Company has difficulty in displaying its features to win the beneficial location. Therefore, in the past several years, in virtue of the needed professional skills in the vertical markets, the efforts of cutting into the vertical markets to offer clients more professional service can be an efficient strategy.

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