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Page 1 of 22
MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
Business Process Outsourcing (BPO) is one of the fastest growing segments of the
Information Technology Enabled Services (ITES) industry. BPO is for applying
existing technology to improve a process. The industry gives us the full facilities
that one can be needed.
The few motivation factors that why the BPO industry are gaining around in India.
By going through this factors one can definitely come to know by BPO industry
are playing major role in India. The motivation factors that BPO industry is
gaining are 1)advantage of factor cost 2)economy scale 3)business risk mitigation
4)superior competency 5)improvement utilization.
BPO’s are giving better services to customers that one can familiar with this
industry. BPo’s are offering different types of services to the customer and they
are:
1) Customer support services: In this service if the customer had any quires
through multiple channels including voice-mail and chat on a 7 days 24 hours in
365 days basis.
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
2) Technical Support Services: BPO’s are offerings to the customer include round-
the-clock technical support, any services related to the customers and computer
hardware, software and internet infrastructure manufacturing companies.
Besides this BPO’s industry are giving many of services like Employee IT Help-
desk Services, Insurance Processing and many more. BPo’s are giving better
services to the employers also but for employers the training is a very important
aspect of the ITES-BPO industry.
There is so much euphoria about the BPO business that it almost seems too good
to be true. New customers land in Bangalore every day, new companies are opened
every month, and existing ones are growing at an unbelievable pace.
The government is in favour, the media loves it, college graduates think it's cool,
and middle management professionals now have a new career option move over,
IT industry -- BPO is here!
There is, of course, good reason for this optimism. BPO represents a new
commercial paradigm for international trade in services and India's [ Images ]
unique positioning makes it a beneficiary of this tsunami that we all sense coming
our way. All BPO companies are working hard to deal with this and the day-to-day
impact of this is evident all around us.
Page 3 of 22
MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
However, I believe that while the immediate impact of the BPO industry is
certainly something we must not ignore, the longer-term effects are far more
profound and have the potential to bring about very deep and fundamental socio-
economic changes in India.
There are various factors for that company require BPO as:
Increase productivity
Cut operational costs
Provide better service
Save costs
Improved accountability
Inspired by the Indian IT-ITES success story, several other locations have been
presented as alternate options for offshore outsourcing. However, feedback
received from several MNCs having multi-country operations as well as syndicated
analyses comparing the various sourcing locations has revealed that India
continues to offer and deliver the best ‘bundle’ of benefits sought from global
sourcing.
With significant potential still untapped, it is expected that the global sourcing
phenomenon will continue to expand in scope, scale and geographic coverage. As
global delivery matures, multi-location strategies will become the norm and most
sourcing destinations, including emerging locations, will grow in size. Building on
its existing strengths, India will remain the leading destination and will continue to
play an important role in most global sourcing strategies.
Credit for India’s rapid growth in the IT software services and ITES/BPO
domains must go in part to the availability of a robust infrastructure (telecom,
power and Roads) in the country. Relevant telecom facilities are an important
prerequisite for the success of the software industry and over the years, the
Government has taken steps to ensure that telecom remains a priority area.
The overall roads and highways scenario in India has also witnessed major
improvements over the last few years. Most cities and fist and second tier towns
are connected and interlinked to each other. Major investments have gone into the
development of highways, both on the side of the central and state Governments.
Clearly, the Indian Government has understood the importance of infrastructure to
industries such as IT and created a conducive environment for its development and
expansion.
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
Service Example: Customers calling to resolve a problem with their home PC,
customers calling to understand how to dial up to their ISP, customers calling with
a problem with their software or hardware.
Telemarketing Services
Service Example: Outbound calling to sell wireless services for a telecom provider,
outbound calling to retail households to sell leisure holidays, outbound calling to
existing customers to sell a new rate card for a mobile service provider or
outbound calling to sell credit or debit cards etc.
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
Service Example: of this service include level 1 and 2 multi-channel support across
a wide range of shrink wrapped and LOB applications, system problem resolutions
related to desktop, notebooks, OS, connectivity etc., office productivity tools
support including browsers and mail, new service requests, IT operational issues,
product usage queries, routing specific requests to designated contacts and remote
diagnostics etc.
Insurance Processing
Service Example:
We have taken their most recent report on “the top third party ITES-BPO
companies in India, for the year 2005-06” as the basis of our selection. Their
ranking was based on revenues. The Nasscom report had listed 15 companies and
we are providing this longer list too, at the end of this report.
As per the Industry fact sheet published by NASSCOM, the Indian ITES-BPO
segment grew at 37% in 2005-06 (ITES-BPO) and the exports are expected to
cross US$ 9 billion by end 2007.
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
2. WNS Global Services: Starting as a call center for British Airways in 1996 in
Mumbai, WNS has grown through strategic acquisitions to become a leading BPO
service provider in areas ranging from Healthcare and Finance to Research and
Customer Service. Warburg Pincus is a majority shareholder in the company. The
company issued ADRs (American Depository Shares), which commenced trading
on the New York Stock exchange in July 2006. The company raised US$ 255
million through this route. The revenue for the quarter ended June 30, 2006, was
US$ 53.0 million, up 3.6% from $51.2 million, in the same period in the previous
year.
3. Wipro BPO: The Company is well known as a leader in CRM and back office
transaction processing BPO. Some strategic reorganization was resorted to in 2005
and it moved from being a totally voice-based service provider to a mix of both
voice and non-voice-driven business. Its services include Mortgage Processing, to
HR Processing and Data Management.
4. HCL BPO: Starting operations in 2001, HCL BPO services has become one of
HCL’s most important business units. Serving over 450 clients worldwide, 15% of
which are Fortune 500 companies, HCL BPO covers Insurance, Financial Services
and Retail. It operates from eight units across India, UK and Malaysia and even
offers services in languages other than English.
5. ICICI OneSource: Promoted by the ICICI group, ICICI One- Source stands up
to its name and provides BPO services covering almost all industry verticals like
financial services, retail, media etc. The contact center services accounts for over
70% of its current business. It has 12 delivery centers based across India, North
Ireland and the US.
6. IBM Daksh: This is a company to watch out for! From 6000 employees in
2004, when IBM acquired it, Daksh presently has over 20,000 employees. The
company is able to leverage the expertise of IBM in the areas of research,
development and consulting to offer unique solutions. A case in point is its text-
analytic tool called ProACT that automates customer surveys analysis. This is
being tested by many telecommunication companies, effecting a substantial
savings for the company as the number of subject matter experts needed to execute
the work gets nearly halved. It has 12 delivery centers spread across India, four in
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
Gurgaon, two in Bangalore, one in Mumbai, Pune, Kolkata and Chandigarh and
two in Manila, Philippines.
8. Aegis BPO Services Ltd.: Aegis BPO is an Essar group company and has over
2 decades of experience. It is a recognized leader in Customer care and
acquisitions. Headquartered in Irving, Texas, it employs over 9000 people
(between India & USA) and has over 24 delivery centers. The company provides
services across verticals like Retail, Energy, Education, Telecom and Financial
Services. (www.aegisbpo.com)
10. 24/7 Customer: Set up in mid 2000, this company presently has over 7000
employees across 9 global delivery centers. Headquartered in Los Gatos,
California, it strives to be customer- centric. The company has developed a
Customer Life Time Management System, which can provide value to many
organizations.
Page 9 of 22
MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
The excellent services offered by Wipro BPO is due to various factors. This
includes things like Integrating technology with BPO, Business process re-
engineering and Knowledge services. Wipro BPO is one of those companies which
offers quality services and innovation. This is also one of the main reasons of its
excellent services. Some of the best people in the field are a part of the Wipro
BPO. The excellent manpower is also one of the major points of its success. The
people of this company also have the proper domain knowledge. They also offer
customized services to the clients. The service offered by them are also flexible as
well as cost effective. The major clients of the company are from USA, UK,
Switzerland and others.
It was in the year 2000, that Wipro BPO gained a lot by acquiring the Spectramind.
The Wipro BPO also gets a lot of help from the Wipro Technologies which is also
a major part of Wipro. The combined efforts of Wipro BPO and Wipro
technologies have made it one of the best BPO companies in the world.
There are around 19,000 people working under the banner of the Wipro BPO. The
number of people are increasing at a great pace. All these people operate from the
9 different locations not only in India but also in Europe. There are various fields
Page 10 of 22
MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
in which Wipro BPO offers services. These include Travel and Hospitality, Hi-
Tech Manufacturing,Banking and Capital Markets, Insurance, Telecom and
Healthcare sectors. Wipro BPO is one of the companies which offers services
because it has expertise in different fields. These fields include Finance &
Accounting, Procurement, HR Services, Loyalty Services as well as Knowledge
Services.
Wipro BPO is one of those companies which has been rated as the Best Employers
In India. In the world it ranks the 25th best employer. This survey was conducted
on around 230 Companies which were from the filed of IT Services,
manufacturing, Public Sector Undertaking, banking, and FMCG sectors
participated..
Some of the awards won by Wipro BPO in the year 2007 includes:
Customer Service
Technical Help Desk
Finance & Accounts Outsourcing
Human Resources Outsourcing
Procurement Outsourcing
Specialized Services
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
Customer Service :
Order Fulfillment
Query Resolution
Response to Inquiry or Feedback
Subscription Services
Pre-Sales Post-Sales & Order Fulfillment
Product Inquiries
Order Taking
Documentation & Payment Queries
Post-Sales Product Support
Wipro has a 24x7 Help Desk that provides complete customized support solutions
including,
Multi-Channel Support Solution: Voice, E-mail, Chat, Web
Enabling Tools: CRM, Knowledge base, Remote Diagnostics
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
Procurement Outsourcing :
We bring deep expertise and experience across a wide range of niche categories
and services, using cutting edge tools, technologies, information management
practices, and highly integrated and streamlined processes. Our clients benefit from
our economies of scale. They improve their control and visibility over the
execution of non-core processes and poorly managed spend categories. Our
unique, tailor-made solutions consistently deliver the best and return on investment
for them.
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
Specialized Services :
Wipro has raised the bar when it comes to delivering services for industries that
depend on accurate, strategic and immediate information that would be critical to
their operations. You can be assured that the security, accuracy and the
commitment that Wipro provides can bring you the right results on demand. Our
knowledge-driven Specialized Services include,
BPO Technical support centers are often the eyes and ears of technology
companies as it is through the tech support centers that they come to know about
the issues that the end customer is facing and get opportunities to enhance their
product.
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
Wipro offers a global delivery model to service the remote support needs of
technology product companies using several channels (voice, e-mail, web chat, e-
services etc.) on a 24x7 basis. We currently handle more than 12 million customer
calls and in excess of 2 million e-mails a month and have experience of
transitioning multiple processes across our 19 global technical support centers.
Page 17 of 22
MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
Wipro acknowledges that the rhythm of enterprise and consumer support are very
different and this differentiation comes in due to a number of factors namely,
profile of the end user calling in, complexity of the product being supported,
implications of downtime, business/mission criticality of the product etc. To
address the different needs of these two markets, Wipro has experts from both
these domains who have rich experience of proposing and delivering business
solutions to clients.
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
Process and talent retention - Enterprise technical support would always throw
up new situations and challenges for the support team. More often than not,
scripted processes do not serve the purpose and the engineers need to be flexible
and should think on the fly in order to provide solutions. Over a period of time,
the engineers also develop a lot of tacit knowledge and retaining talent hence
becomes very critical to ensure the success of a technical support program.
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
With the experience of supporting multiple clients for their enterprise support
needs, Wipro has in-depth understanding of the enterprise support space.
Technology know how, mature and proven processes and experienced work force
adept at handling enterprise end users gives Wipro the edge to deliver best in
class enterprise support.
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
that the one being followed is indeed the best fit as per changing consumer needs.
Hence, at Wipro we lay emphasis on the process rigor and impart adequate
training to ensure effective implementation as well.
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MADHULIKA KUMARI(15022)
ANLYSIS OF BPO INDUSTRY
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MADHULIKA KUMARI(15022)