With the blooming outsourcing business, we need to widen our lenses and look outside the box. In this time of technology, other sectors can bring quality assured work to the table, besides IT and BPO, mechanical engineering services are also a stream where great business can happen.
Market research
India has emerged largely as a strong outsourced services provider in the market for global companies as India accounts for 28% of Engineering Services Outsourcing (ESO) and BPO talent, whereas Russia and China account for 11% and 10%, respectively. As the demand for ESO increases worldwide, India’s share would also grow eventually in the ESO market. As of now, India produces 65,000 engineers annually. To reach a potential market share India would need 3,50,000 engineers.
India has an upper hand in many facets of outsourcing such as :
- Cultural compatibility with the west
- A vigorous legal and political systems
- Strong protection of intellectual property (IP)
Some of the major factors that should be considered before selecting Engineering Service Providers (ESP) are
- Expertise in the business
- Service portfolio
- Market value
- Quality of service provided
- ESO Services Evolution
With the growing needs and the new emerging complexities of the business, the company finds it easy to render outsourcing services. Outsourcing companies have shown the required potential to provide solutions within the brackets.
How does outsourcing work at Neocent?
- Step 1 – Share Your requirement here and sit back, we will reach out to you ASAP.
- Step 2 – Technical Feasibility will be checked in a formal discovery meeting considering your requirements.
- Step 3 – Solution Architecture will be discussed and shared in detail not leaving any scope for errors.
- Step 4 – The trial Period will begin for a month where you will experience Neocent.
- Step 5 – After completion of the trial period, a long-term partnership begins.
You can reach us at +91 8000 860 806 or write us at [email protected] for more details.
