Indo-German Software Competence Network (Indescon)

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• Multisourcing: Don't put all your eggs in the same basket

• 
  Magdalena Szarafin    Premium Member   Group moderator

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  Multisourcing: Don't put all your eggs in the same basket

  Multisourcing is defined as outsourcing of processes or sub-processes to two or more parties. Multisourcing has something common with investing: The rule "Don't put all your eggs in the same basket" holds true for both. It allows to avoid risks connected with dependence on one party and/or one geographical region.
  
  Just a few headlines in brief:
  
  India: National Association of Software Services Companies (Nasscom) forecasts that the Indian outsourcing industry can potentially earn revenue of $225 billion by 2020 in a conservative variant or even $375 billion in an optimistic scenario.
  
  China: According to the statistics provided by the second China International Service Outsourcing Cooperation Conference, in the first five months of 2009 the number of newly-established outsourcing companies in China stood at 1,057, bringing 246,000 new jobs and generating a profit of $3.52 billion, which is a 13.2 percent increase year-on-year.
  
  Malaysia: In May 2009 this country hosted Asia Pacific Outsourcing Summit, one of the most important outsourcing events.
  
  India, China and Malaysia: According to the 2009 A.T. Kearney Global Services Location Index™ (GSLI), these three are on the top of the global outsourcing destinations measured by the combination of: financial attractiveness, people skills and availability, and business environment.(...)
  
  Ready to read more? Just jump here:
  
  http://www.bpovoice.com/news/topics/multisourcing-dont-put-a...
  http://www.globalservicesmedia.com/Content/general2009072170...
  
  Magdalena Szarafin
  http://www.szarafin.info
  
  • 22 Jul 2009, 02:53 am
  Magdalena Szarafin wrote: > Multisourcing is defined as outsourcing of processes or sub-processes > to two or more parties. Multisourcing has something common with > investing: The rule "Don't put all your eggs in the same basket" > holds true for both. It allows to avoid risks connected with > dependence on one party and/or one geographical region. > > Just a few headlines in brief: > > India: National Association of Software Services Companies (Nasscom) > forecasts that the Indian outsourcing industry can potentially earn > revenue of $225 billion by 2020 in a conservative variant or even > $375 billion in an optimistic scenario. > > China: According to the statistics provided by the second China > International Service Outsourcing Cooperation Conference, in the > first five months of 2009 the number of newly-established outsourcing > companies in China stood at 1,057, bringing 246,000 new jobs and > generating a profit of $3.52 billion, which is a 13.2 percent > increase year-on-year. > > Malaysia: In May 2009 this country hosted Asia Pacific Outsourcing > Summit, one of the most important outsourcing events. > > India, China and Malaysia: According to the 2009 A.T. Kearney Global > Services Location Index™ (GSLI), these three are on the top of the > global outsourcing destinations measured by the combination of: > financial attractiveness, people skills and availability, and > business environment.(...) > > Ready to read more? Just jump here: > > http://www.bpovoice.com/news/topics/multisourcing-dont-put-all > http://www.globalservicesmedia.com/Content/general200907217002.asp > > Magdalena Szarafin > http://www.szarafin.info
• 
  Siddharth Singh

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  Re: Multisourcing: Don't put all your eggs in the same basket

  As more and more companies look to engage with offshore vendors, multisourcing is definitely on the rise. This may be in terms of different locations or may be from different vendors from the same geographies.
  
  Offlate a lot of big value deals in the IT services space, e.g. ABN Amro, were distributed and allocated to a group of companies (IBM, TCS, Infosys etc).
  
  This concept is gaining momemtum and is being seen as a means to mitigate the risk of associating a program with just one company. It is also seen as a means to avoid complacency and reducing the exit barriers in IT engagements.
  
  • 14 Mar 2010, 12:42 am
  Siddharth Singh wrote: > As more and more companies look to engage with offshore vendors, > multisourcing is definitely on the rise. This may be in terms of > different locations or may be from different vendors from the same > geographies. > > Offlate a lot of big value deals in the IT services space, e.g. ABN > Amro, were distributed and allocated to a group of companies (IBM, > TCS, Infosys etc). > > This concept is gaining momemtum and is being seen as a means to > mitigate the risk of associating a program with just one company. It > is also seen as a means to avoid complacency and reducing the exit > barriers in IT engagements.