BPOs need to change strategy, say experts

OUTSOURCING ON FAST TRACK

Image
Our Bureau Bangalore
Last Updated : Jun 14 2013 | 5:10 PM IST
The Indian BPO sector has to change its business model by offering clients not just process improvement but becoming their transformational partners, felt speakers at Nasscom's annual ITES-BPO summit here on Wednesday.
 
With the call centre business having stopped dead on its tracks, firms are going in for a vertical focus, with emphasis on processes and technology.
 
This platform based scramble "" developing an ERP like solution for a specific industry which would serve multiple customers in it "" will keep delivering substantial value, asserted John McCarthy, vice president at Forrester Research.
 
But the others had a different focus. Everybody swore by the need to make process improvements but Hubert Giraud, CEO of Capgemini Global BPO Services, argued that the worlds of IT and BPO were totally different, BPO vendors should not ask their customers to change their IT platforms in the coming age of web-based services and service oriented architecture.
 
Pramod Bhasin, CEO of Genpact and chairman of Nasscom's BPO forum, felt that there was indeed "a need to understand the client's technology platform" but "delivering process expertise offered quicker paybacks."
 
The mid-life challenge to Indian BPO was to move away from the "transactional stuff" and become "clients' business partners delivering efficiency and productivity gains."

 
 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 08 2006 | 12:00 AM IST

Next Story