Source:www.forbes.com

Wipro Technologies, the global services arm of Indian outsourcing company Wipro Ltd., plans to open a software development center in Atlanta, the company said.

Wipro (nyse: WIT - news - people ) will initially employ 200 people and anticipates about 500 positions within three years, mostly graduates from state universities, the company said in a statement.

“The center is part of Wipro’s strategy to build global delivery capabilities and will significantly increase the company’s presence and base of local hires in the United States,” the Monday statement said.

Western companies routinely shift information technology jobs to countries such as India, where wages are low and skilled workers are plentiful.

The practice has benefited Indian software companies, some of which are now setting up centers outside India to compete with IBM Corp. (nyse: IBM - news - people ), Accenture (nyse: ACN - news - people ) and other global computer services companies.

“The work we’re doing requires more and more knowledge of the customers’ businesses, and you want local people to do that,” said P.R Chandrasekar, President, Wipro Technologies Ltd. “The Atlanta center is an investment that will help Wipro’s existing customers as well as help address new business opportunities.”

Wipro already operates software development centers in Brazil, Eastern and Western Europe, China, Mexico and Canada. The company said it chose Atlanta because of its proximity to key universities.

The University System of Georgia has already provided Wipro with “a comprehensive work force development program,” Wipro’s statement quoted chancellor Erroll B. Davis Jr. as saying.

“We tapped into the resources of Georgia’s 35 public colleges and universities to find the best solution for this company,” said Davis.

Also, Kennesaw State University and Southern Polytechnic State University are collaborating with Wipro to create an innovative curriculum development and delivery system, he said.

Earlier this month, Wipro Ltd. said it would buy Infocrossing Inc. (nasdaq: IFOX - news - people ) for about $600 million. The New Jersey-based company provides outsourcing services to mid-sized companies in the United States.

Source:www.outsourcing-russia.com

One might require Software Outsourcing part of the business because that does not have the room, that requires an expert, that has periodic busy periods, or one requires more production to get orders out on time, etc.

Offshore Outsourcing is when one hire outside vendors or professionals for services to take on part of their business workload away from their country. The following are ten ways offshore outsourcing that can save your business, money and time.

1. It does not require taking the time for training of employees. Definitely this would allow one to spend more time on working and marketing & advertising campaign due to Software Outsourcing.
2. One would not have to do time consuming tasks such as adding of new equipment and learning new software technology for completion of certain tasks. Offshore Outsourcing will definitely allow one to spend more time on testing their advertisements campaign.
3. One would not have to go for HR procedure and conducting interviews of employee or candidates. So this will give more scope to spend much time for improvement of customer service; in return you would get more and more repeat purchases.
4. One would not have to fill out the entire worker’s paper such as tax forms, retirement plans, scheduling etc. This will allow one to spend great time for new development of products and strategy.
5. One would not have to expense for buying new office and work space for completion of certain tasks. One could use all the money for saving on their other business expenses.
6. One would not have to spend money on workers cost such as taxes, vacation time, holidays, medical, unemployment costs, workers comp. etc.
7. One might speed up the order & delivery system with the extra help. The clients would appreciate the fast service and one will have a higher chance that they would buy from specific Offshore Outsourcing vendors again and again.
8. One might expand their market share by becoming a middleman and offering Software Outsourcing subcontractors, products and services. This will increase their business profits & give chances for multiple income streams.
9. One can make on extra and large orders of business that could not handle it before. So, this will expand the market share and Offshore Outsourcing vendors could also offer to take the work for competition.
10. One would get end up receiving Offshore Software Outsourcing orders from their subcontractors. The subcontractors might also tell other people about their business, and it would be the publicity of Offshore Outsourcing business.

Source:www.sys-con.com

In an effort to accelerate growth and innovation for businesses around the globe, the Global IT Services Division of Wipro Limited and SAP AG today announced an expansion of their existing partnership aimed at enhancing development and implementation of best-in-class solutions, especially around enterprise service-oriented architecture (enterprise SOA). As part of the agreement, Wipro will become an SAP global services partner and will establish a solutions lab in Bangalore to showcase the benefits of enterprise SOA, industry best practices and innovative service-delivery models.

As an SAP global services partner, Wipro joins a select group of large consultancies. Wipro will invest further in joint marketing resources and strategic planning to support the growth with SAP and to serve global customers and prospects. Wipro and SAP will leverage their respective strengths — including Wipro’s in-depth industry knowledge and implementation skills and SAP’s comprehensive range of enterprise applications — to jointly conduct sales promotion programs for mutually agreed upon regional and industry markets.

“We have established a strong reputation for delivering high-quality solutions to large, small and midsize enterprises, and for providing competencies for SAP applications,” said Suresh Vaswani, president, IT practices, Wipro Technologies. “Becoming an SAP global services partner provides increased opportunities for Wipro to collaborate with SAP to help businesses around the globe adopt a services-based IT approach. Today’s announcement underscores Wipro’s dedication to expand its SAP applications-based services practice worldwide and to add new dimensions to our already very strong relationship with SAP..”

“Wipro has excelled as a member of our ecosystem by providing high-quality products, solutions and services to customers,” said Leo Apotheker, deputy CEO and member of the executive board, SAP AG. “By expanding our existing partnership to have Wipro become an SAP global services partner — a category reserved for a select group of global organizations that deliver exceptional value and innovation to customers — we are providing a long-term and strategic approach to bringing the value of enterprise SOA to our customers.”

Establishing an SAP Solutions Lab in Bangalore

In an effort to help customers define their IT roadmaps, Wipro is engaging with SAP to establish a state-of-the-art SAP solutions lab at the company’s Electronic City Facility in Bangalore, India. The new lab will provide customers with the opportunity to test the adoption of enterprise SOA and showcase innovative joint solutions. Continuing SAP’s mission to fuel a partner ecosystem of innovation, the lab is intended to also leverage the model from the SAP Co-Innovation Lab in Palo Alto, California to advance enterprise software solutions for customers in India.

India is home to some of the largest IT Outsourcing organizations of the world; everything from software development organizations to manufacturing products and global banks, to the world of BPO or information technology, Offshore outsourcing is simply flourishing in India. Cities like Bangalore, Mumbai, Delhi, and Hyderabad are the key players in this sector.

The World Wide Web plays a vital role in the global business paradigm. This enables the workers to get in touch with the outsourcing software development workers in distant nations or with professionals in cities of India. The use of outsourcing software lets your overhead charges come to nearly zero letting you reduce your costs drastically.

Offshore outsourcing reduces costs, as you can find significantly lower rates from offshore vendors. Rates are only one component of costs, and in any case you have to look at the entire return on investment. Most people in the software industry know that productivity differences between developers are far greater than salary differences - and even the rate differentials offered by offshore aren’t necessarily greater than that. Offshore work also introduces extra costs and risks that may offset the rate differential.

With the variety of web-sites, internet marketing is made easier. These sites make outsourcing software very easy. It’s simple to navigate, enrollment costs that are cheaper and there are a variety of value-added services that come with membership.

The outsourcing software trend and other services will continue to increase with the continuous extending of internet’s reach for further with the policies of U.S corporations. Currently it is the age of information that is expected to grow both in size and scope.

There are so many resourceful website that acts as another entry for the outsourcing software virtual marketplace. In fact, these sites have various categories of web to choose from. Instead of just software and computer related projects, these enable one to find editing, photography, writing, and broadcasting of business consulting, legal, sales, marketing, and other software projects making it beneficial for both the customers and the providers.

Source:www.hindu.com

BPO and IT firms in India have been under a magnifying glass after some of them reported a drop in earnings because of issues with their mortgage clients. Given the fact that banking, financial services and insurance are the primary focus of many Indian outsourcing firms, how prepared is the Indian mortgage market?

“The current crisis in US’ mortgage market bodes well for the Indian mortgage process outsourcing industry,” says Mr Prashant P. Kothari, CEO & Founder, String Real Estate Information Services (www.stringinfo.com), a Washington, D.C.-based offshore mortgage process outsourcer.

“It’s likely that mortgage process offshoring may slow down for now, because of the mortgage market turmoil in the US, because of the exit or closure of some existing clients,” he concedes. “However, in the long run, offshoring will grow exponentially. That’s because mortgage firms, which were not offshoring so far would realise that their very survival depends on lower costs and a variable cost structure, and will have no choice but to deploy offshore resources,” clarifies Mr Kothari, interacting with Business Line over the email.

Mr Kothari, a graduate from Loyola College, Chennai and an MBA from the UCLA Anderson, is the founder of the Indian Economy Blog (www.indianeconomy.org). And String, with its focus on the American real estate services industry, provides mortgage and settlement services processing.

“The American mortgage industry is the largest in the world with mortgage loans of $13 trillion, of which $8 trillion is for residential properties and $5 trillion for commercial,” mentions Mr Kothari.

“Even amidst all the doom and gloom that one reads about, more than $2 trillion in residential mortgages will originate in 2007 alone, with projections for 2008 and 2009 well north of that figure.”

The amount of mortgage-related processing from originations of $2 trillion is around $100 billion annually, of which at least $10 billion is offshorable, he reasons.

“However, the current value of all mortgage process offshoring is no more than $200 million per year. In other words, with market penetration of only 2 per cent, mortgage offshoring is still in a very nascent stage.”