Providers - Opening up to Offshore Outsourcing?
GE set the trend by outsouring to India and showcasing a model of leveraging global talent and actually showing hard dollar savings. The India offshore model is a proven model for IT now. Typically the early adopters were the wall street, manufacturing and retail companies that run thinner margin or higher greed.
Slowly the model is shifting from a cost to value model, the healthcare industry is at a stage where talent is in shortage and offshore outsourcing is a way out. First it was the pharmas, followed by Payers and Medical device that embraced offshore outsourcing.
In the past few months I have heard from multiple provider executives that leveraging a global delivery model may be an option. US based outsourcing compaines like Perot, First Consulting Group etc are already leveraging offshore talent in India. The HIMSS board is also supposed to be visiting India soon. Providers may be the next big trend in the offshore outsourcing space. The local biggies like Wipro, Infosys and TCS seem to have ignored the market for some time and trying to get their act right.
Bottomline - like it of not, Providers are in line to embrace the global nature of IT delivery.
Slowly the model is shifting from a cost to value model, the healthcare industry is at a stage where talent is in shortage and offshore outsourcing is a way out. First it was the pharmas, followed by Payers and Medical device that embraced offshore outsourcing.
In the past few months I have heard from multiple provider executives that leveraging a global delivery model may be an option. US based outsourcing compaines like Perot, First Consulting Group etc are already leveraging offshore talent in India. The HIMSS board is also supposed to be visiting India soon. Providers may be the next big trend in the offshore outsourcing space. The local biggies like Wipro, Infosys and TCS seem to have ignored the market for some time and trying to get their act right.
Bottomline - like it of not, Providers are in line to embrace the global nature of IT delivery.
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