all about insourcing

StanVenturesspirit of excellence

All about

INSOURCING

Content

Ÿ Insourcing – The Definition

Ÿ All about Insourcing

Ÿ Why Insourcing in India is best suited For Technology

Companies around the World ?

Ÿ Insourcing via Subsidiary Placement in India

Ÿ Insourcing in India vs. Outsourcing to India

Ÿ Key Areas of Insourcing

Ÿ Insourcing Advantages Over Every Existing Business Model

Ÿ The Recent Happenings of Insourcing in India

About Stan Ventures

www.stanventures.com No more Outsourcing, Only Insourcing 2

Insourcing – The Definition

Delegating a job to someone within a company, as opposed to someone outside of the company (outsourcing).

One reason for Insourcing to occur is if a company had previously outsourced a certain task, but was no longer satisfied with the work being done on that task, so the company could therefore insource the task and assign it to someone within the company who they believe will do a better job.

Read more: http://www.businessdictionary.com/definition/insourcing.html#ixzz3xsqv55hu


All About INSOURCING

Insourcing is considered to be direct opposite to Outsourcing.

Ÿ INSOURCING was coined back at 1970's and INsourcing as a word has root

from its counterpart OUTsourcing in the English Language.

Ÿ The usage of the term decreased from 2003 to near zero in 2007.

Ÿ Insourcing had it's highest usage around 2001 and it is starting to get a

hold of it’s older fame from 2012.

Ÿ The loopholes of Outsourcing led way to bring into effect the perfect

strategy, Insourcing.

Ÿ Technology companies around the world are moving towards Insourcing,

understanding the long term value it holds for the companies.

Ÿ Insourcing can be done within the same country as the parent

organization(Which is least popular) or set up an Offshore

"Captive/Subsidiary" process centers(Started to trend on).


Why Insourcing in India is best suited For

Technology Companies around the World ?

Ÿ Russia/Ukraine/Belarus tends to be more expensive, due to high education

and skill levels.

Ÿ Vietnam tends to be inexpensive due to very favorable currency exchange,

language barriers and a fairly new IT market with a lack of senior developers

Ÿ South America tends to be expensive, due to similarities in time zone,

language, and culture

Ÿ India stands tall to be the ideal location for starting subsidiary of any

requirement because of it’s favorable currency exchange, high education and

skill levels, adaptability to language and culture.

A study had been carried out by a reputed Management Consulting firm

in the States to find the ideal geographic location for any Tech Company

to start their subsidiary keeping into account the factors such as cost of

operations, the talent pool expertise and availability. The results were far

more surprising than the usual,


Insourcing via Subsidiary Placement in India

Ÿ Placing your subsidiary in India is easy.

Ÿ The Operation cost in India is way more lesser than any developing

country.

Ÿ You have access to the highly talented, well qualified talent pool who are

readily available in India.

Ÿ The currency value of an United States Dollar (USD) is higher to that of an

Indian Rupee (INR). 1USD ~ 67 INR. Making everything cheaper in India.

Ÿ Well experienced Engineers, Testers and Developers can be hired at just

3/4th of the cost you spend back in your native countries. A 3 year

experienced Java Developer can be hired at $800 USD/ month in India.

Ÿ Marks a minimum of 500% savings in general and a whooping 300%

savings than the traditional outsourcing way.


INsourcing in India vs OUTsouricng to India

Ÿ Resources can be deployed for

every technology need.

Ÿ Competitive profit margins.

Ÿ Have no control over the people

working on your project.

Ÿ Hidden costs situations will be

faced.

Ÿ Have a record of quality issues

upon delivery.

Ÿ Increase in In-House

execution capabilities.

Ÿ Higher profit margin than

outsourcing.

Ÿ Better people management.

Ÿ No hidden costs

Ÿ Quality delivery is ensured.

INSOURCING OUTSOURCING


Key Areas Of Insourcing

Ÿ Information Technology/ IT Solutions

Ÿ Digital Marketing

Ÿ Support Centers/ Call Centers

Ÿ Finance and Accounting

Ÿ Recruitment Process


Insourcing Advantages

Over Every Existing Business Model

Mixed Talent

Pool

Positive Company

Expansion

Quality Work

Delivery

Increase In

Managerial Control

Single Vision Mission

Journey

Diverse Culture

Experience

Huge Company

Savings

High Profit

Margins

Increased

Productivity

Core Competencies

Focus

Skilled

Expertise

Cost Effective

Access to World

Class Solutions

Better People

Management

Improving Customer

Service

Increased

Efficiency


The Recent News of Insourcing in India

LinkedIN study brings out that the Cities in India Top the List of Cities Attracting

Technology Talent around the World*. The top 10 listings holds Indian cities in the

first four positions then followed by San Francisco, Seattle and Austin from the

United States.

Added the Cities that attracted a greater proportion of people with technology skills

tended to skew towards the “Java Development” and “Web Programming”

categories!

Understanding the huge Insourcing market in India, There are news of various

Technology Companies moving down to India to start their Indian Operations.

Ÿ Tech Focused VC firm, Amadeus Capital based out of US and Europe is opening an

office in India

Ÿ Google Capital is opening up an office in India, Its very first outside of the US

Ÿ Apple Computers on high plans to start their technology office in Indiawww.stanventures.com No more Outsourcing, Only Insourcing 10

About Stan Ventures

Specialized in Management Consulting domain, Stan Ventures works with

Technology Companies round the world to help them start their subsidiary

offices in India by educating them the various advantages of Insourcing in this

competitive market.

Stan Ventures help the companies right from the process of subsidiary

registration, setting up office spaces, recruiting talents for the company and

also operating the offices on behalf of the parent company.

Stan Ventures currently holds a proven track record of helping companies to

start their India Operations


New York, USA

Namakkal, Erode, India

Bangalore, India

Chicago, USA

San Francisco, USA

THANK YOU !

US + 1 347 857 7911INDIA + 91 948 676 [email protected]

Head Quarters118/1, Perundurai Road, Kumalan Kuttai,Erode, TN, India - 638 011

Consulting Centre45 Castle Street, MG Road, Bangalore, KA, India - 560025

mailto:[email protected]

mailto:[email protected]

http://www.stanventures.com

all about insourcing

Services