Why Outsourcing?
Outsourcing uses the strategic advantage of specialized skills and resources from an external source, to overcome escalating costs, insufficient IT resources, high attrition rates and increasing user dissatisfaction within the organization. The benefits that come with outsourcing include: Reduced and controlled operating costs, focus on the companies core activities, access to world-class capabilities, shared risks, human resources and specialized skills, among several others.

The outsourcing industry, which also includes BPO (also called back office operations) including software applications, accounts for Indian exports worth 12.5 billion US dollars. The outsourcing industry is projecting growth of 50 percent in 2004-2005. The US alone accounts for more than 70 percent of the country's outsourcing business and software exports. (Source: ANI)

Cochin, the commercial and industrial capital of Kerala, South India, is today one of the most preferred destinations for Outsourcing, owing to low cost, easy availability of skilled manpower and easy connectivity.

Cochin also offers one of the cheapest available bandwidths in the country, being strategically located at the landing points of both satellite and submarine cable links. The city is one of the 16 landing points across the world for the submarine cable. The cable system has an ultimate capacity of 120 GBPS that enables it to convey a total of 5.8 million simultaneous telephone channels.

According to a recent Confederation of Indian Industry (CII) survey, Kerala is ranked as the second best in overall composite ranking, next only to Delhi. With a population of about 32 million, Kerala has a literacy rate of 90.92 percent, among the highest in the country. And it comes as no surprise, a number of IT industries are moving to Cochin given the State's vast pool of skilled human resource and hi-tech infrastructure.

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