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ITES companies have become an
important part of the Indian economy. In 2016, the country's IT services
exports totaled $17.4 billion, which represents a 22% increase compared to
2015. Despite this growth and large demand for ITES, there are still many
opportunities for new players in this market segment.
An
increasing number of organizations are outsourcing important activities to ITES
companies around the world.
· ITES companies are growing in
India.
· ITES companies are important to
the global economy, and they're growing at a rapid pace.
· This growth is not just limited
to India, though: there's also been a surge in demand for outsourced services
from other countries as well (including the U.S.)
Types
of ITES companies
· Business Process Outsourcing
(BPO) - The company provides services to other companies.
· Information Technology Enabled Call
Centers (ITEC) - The company provides customer service through an automated
phone system.
· Information Technology Enabled Services (ITES) - This type of
business provides a broad range of IT solutions that may include cloud
computing, computer networking, and software development.
· Knowledge Process Outsourcing (KPO) - A KPO is a form of
outsourcing where knowledge workers work for firms that outsource their
processes or tasks rather than hire employees directly from those firms.
ITES
has high growth potential in India
India is the second largest
exporter of Information technology-enabled services in the world, with an annual growth rate of
11.4% for the past five years and an estimated 20,000 new jobs being created
every month. It also has a large pool of English-speaking professionals who
would be interested in working for Indian companies that offer high-quality
products and services at competitive pricing levels.
India's National Skill
Development Mission (NSDC) aims to train 20 million people by 2022 through
vocational training programs across all sectors including healthcare and
education. The program offers grants up to Rs 20000 per person under its 'Skill
Create' category which will help students get hands-on experience with
real-life examples while they learn new skills related to their chosen area of
specialization
USA advantage over other major IT services destinations
The USA has a large pool of skilled
IT professionals, English-speaking and USA. The country also has a large
number of English-speaking ITES companies, which means that you can easily find
local workforces that speak and understand your native language. This makes it
easier for you to communicate with them and get them on board with your project
or service offering.
The USA also offers several advantages when compared with other major IT services
destinations:
· USA has a large pool of
skilled IT professionals who are willing to work abroad due to better
opportunities than at home; this includes both technical graduates as well as
experienced professionals who have been working abroad for some time now; these
individuals have built up valuable networks within their industry which they
can use when looking for employment opportunities outside their own
country—especially if they want something more challenging than what they know
already!
· The number one reason why
people choose to work abroad is that there aren't enough jobs available
locally; however due largely because there are too many immigrants coming into
Canada each year (and soon Europe), we've seen significant drops in
unemployment rates since 2005--so much so that by 2020 only half will be
unemployed."
There
will be many opportunities for ITES companies in the USA.
There are many opportunities for ITES Companies in the USA. The growth of the sector has been exponential and
it is expected to grow even further in the coming years.
There will be many opportunities for
ITES companies in the UAS. The growth of this sector has been exponential and it
is expected to grow even further in the coming years.
Conclusion
Many ITES companies in India offer high-quality services. The government has also made some efforts
to attract these companies, and the country has a lot of potential for growth
in this area. There is a wide range of products and services available through
ITES companies, which makes them attractive as an outsourcing option for
businesses looking to reduce costs while maintaining quality control over their
IT infrastructure.
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