Outsource to India engineering services
Outsource to India engineering services to make full use of India’s engineering talent in engineering-related Knowledge Process Outsourcing. Companies that outsource to India engineering services can decrease their engineering spend by better utilization of in-house talent and using outsourcing talent.
When companies outsource to India engineering services the core talent within the company is able to focus their energy on more critical tasks while outsourcing the more repetitive and labor intensive engineering tasks such as design, etc.
Clients should outsource to India engineering services pretty much for the same reasons why companies outsource other traditional business processes such as accounting and software development are outsourced.
It’s because companies around the world outsource to India engineering services to such an extent that projections by industry professionals indicate that the trend is here to stay. The current size of the Engineering Services Outsourcing (E.S.O.) market is estimated to be worth around $1.8 billion, and is expected to reach $40 billion by 2015, and $50 billion by 2020 for the country.
India can expect to win about 25 per cent of current and projected offshore engineering spend, which is about $50 billion.
Companies can outsource to India engineering services under the following broad categories:
- Engineering Services Outsourcing
- Design, Mechanical & Manufacturing Engineering
- Plant Automation & Enterprise Asset Management
- Electrical & Electronics Engineering
- Advanced Simulations, Prototyping, Styling & Testing
- Embedded Design & Development Engineering
- Product Lifecycle & Data Management
The reasons why companies want to, and will continue to, outsource to India such engineering services, are certain enabling and empowering factors in favor of India’s engineering outsourcing firms.
An outsourcing vendor who is qualified and specializes in a specific engineering service domain can offer better solutions and service for clients who outsource to India engineering services.
Most clients outsource to India engineering services such as design services related to patented products, design specifications, or customized interiors of a total engineering solution.
Though, recently, many engineering outsourcing companies have begun to make a mark using the skill-sets, tools and experience from IT software and services, to evolve from providing basic data conversion, through 2D and 3D CAD/CAM/CAE, advanced simulation, prototyping, testing, PLM, product design (engineering), process engineering, plant automation, and asset management services.
Clients who want to outsource to India engineering services will find it reassuring that though most of the initial players in these segment have emerged from legacy IT services businesses, today the segment has matured with several of these firms having established an independent engineering services practice.
For these complex and sophisticated tasks, companies, when they outsource to India engineering services, need engineering professionals who have technical skills, domain expertise, and good engineering judgment.
And India’s many engineering colleges, including the renowned IITs (Indian Institutes of Technology) provide all the necessary talent.
The other major empowering factor is cost. Take for instance cost arbitrage (simultaneous purchase of labor in two different markets) in engineering services. It’s about $25 per hour in India and $75 per hour in the U.S.
When all these advantages are considered, it makes eminent business sense to outsource to India engineering services.
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