Since the IT boom in India in early 2000’s, it has become sort of a trend worldwide to outsource all customer-service work and minor technical jobs to India. And as the days pass, this trend is gaining more followers and becoming more pronounced. Work such as forms processing, data entry and data mining services are increasingly finding their way to outsourcing firms in India. There are a lot of benefits associated with outsourcing data entry jobs to India. Some of those are listed out below:
- Firstly, outsourcing to India would cost any company about half (maybe even less) of what it would cost in its home country. The currency of India is far weaker compared to, say, the US Dollar or the Euro, so the fee structure would naturally be less in comparison to similar concerns in the developed world. Therefore, outsourcing to India would fit your tight budget.
- Secondly, outsourcing is much cheaper than doing all the work yourself; especially if you’re a start-up. If you decide to do everything by yourself, then you would have to commit a huge part of your workforce to data-related work. If you fall short of employees for the job, then it means that you have to hire additional heads and hands to get all work done within time. Hiring additional employees is extremely costly. It would involve having recruitment boards, testing out the prowess of new employees, arranging for imparting adequate training (for you might be getting freshers in the industry who might not have the correct technique or speed), and also granting of monthly payments, yearly bonus, plus a few days’ worth of paid leave. Taken together, the whole process would come across as disproportionately costly. In comparison, outsourcing to a company with an adequate number of skilled workers at about half the price (of doing it yourself), would surely seem appealing to every entrepreneur.
- Thirdly, no matter how skilled the workers (that you hire) might be, they might not be flexible to serving your every need. On the other hand, an outsourcing organisation would have the workers with the necessary skills to adapt to the unique needs and requirements of every single customer. You would not have to invest a lot of time in training the workers and then conduct ‘tests’ to see whether they’re really ‘there’ or not. You would just assign tasks and get them done in a jiffy.
When you outsource all the minor technical tasks to another concern, then you would be able to free up your own company’s workforce in order to make them concentrate on the more important areas of the business. When you do all data-related work by yourself, you tend to engage a lot of your employees to invest their energies in relatively minor tasks. As a result, more important and pressing issues/aspects of the business go overlooked. Outsourcing solves this problem.
In short, these are the greatest advantages of outsourcing data mining and other related work to an outsourcing firm in India. By engaging in outsourcing, you’d hopefully find a good and reliable business partner who you would be able to forge a smooth understanding with.