Why should you outsource your research and analysis requirements to India? This is a question that has often been triggered in the minds of our numerous offshore clients, who want an insight into India’s position as a global solutions provider for research and analysis.
Over the years, India has established its position as a credible watering hole for knowledgesolutions. The presence of a large intellectual knowledge pool, bestowed with specialized expertise, computer skills and proficiency in English language provides outsourcers with well defined advantages.
The increasing population of chartered accountants, MBA’s, research analysts, engineers, doctors, scientific researchers and programmers, have made it easy for Indian companies, to cater to millions of job works from across the boundaries. The Indian education system provides opportunities for higher education and world class degrees in different fields of specialization and this has given rise to a large database of efficient research and analysis service providers.
The remarkable steps undertaken by the Indian Government, in relation to liberalization and deregulation, has reduced licensing requirements, improved accessibility to foreign technology and made foreign investments simpler. Global clients are now leveraging the comparatively lower service costs and the experience of the outsourcing companies to tap the resources provided by the Indian companies.
The development of Knowledge Parks in many silicon cities of the Subcontinent, has erected stoic infrastructure that supports the highest levels of research, through world class technological inputs. The communication networks in India have managed to shorten distances through international gateways, submarine cable landing stations, internet telephony, high speed internet connectivity and a host of other modes of communication. This has brought global clients and Indian service providers on a common forum.
Brand India, has established its credibility and high trust levels globally, through the initiatives of private companies, government institutions and associations committed to the cause of converting India into a popular hub for research and analysis and outsourced services.
Other proactive statutory legislations initiated by NASSCOM and the government authorities, have aligned the data privacy, intellectual property rights and information security measures to those practiced by the leading states in the world. Global clients are now assured of the highest levels of confidentiality and security while outsourcing their research and analysis jobs to Indian companies.
The advanced security systems that have been installed in house in these companies monitor phone calls, conversations, emails and all other employee movements. Regular employee background checks and proper scanning of all accessibility options are certain other measures which alleviate the security and privacy concerns of clients, wishing to avail research and analysis services from India.
Indian companies have achieved the highest standards of quality and performance with the help of well qualified professionals, state of the art technology and sophisticated equipments which has added immensely to the expertise, experience and skills of the companies catering to global clients.
The debate on the virtues and vices of outsourcing will continue. However, for business houses, the bottom line is getting value for every cent spent. Outsourcing research and analysis to India, not only provides a definite cost advantage in the long run but also brings in new and fresh thoughts and concepts into the client’s business model.
infoAnalytica provides a range of research and analysis services such as financial research, market research and analysis, product research and analysis to help our customers gain significant competitive advantage.
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