It is a matter of pride for us that our innovative business model - People as a Service (PaaS) or EaaS (Employee as a Service) - received attention from the UK media. One of the leading UK newspapers, The Sunday Telegraph ran a story on VirtualEmployee.com’s ‘Employee in the Cloud’ business model in its July 2013 edition. The article appeared in the Business Reporter that is distributed alongwith The Sunday Telegraph.
So, just why did we grab the UK media’s spotlight? There are so many outsourcing companies, right? What is VirtualEmployee.com doing differently that merited this attention?
In all modesty, we can say that we are the pioneers of the new concept of EaaS (Employee as a Service), that shares its abbreviated form with other ‘aaS’ services such as IaaS (Information as a Service), PaaS (Platform as a Service) and SaaS (Software as a Service). But, we go further than them. Our EaaS gives multiplied or exponential savings as compared to these other ‘aaS’ models, who focus on only one aspect of cost savings.
If small to medium sized companies were to set up their own offshore units in destinations like India, it would still be a daunting task, both financially and otherwise. With us, a client can start their own business by hiring not just employees but also leasing an entire functional office in the Cloud. Like with other ‘aaS’ service, they just pay a monthly fee and enjoy freedom from the usual headaches and hassles that accompany running a business. All that belongs to the Cloud service provider (in other words, VirtualEmployee.com).
So, the Employee in the Cloud concept of work also helps a western client to leverage the benefits of India’s famed low offshore costs.
The world of business has always operated in a climate of risk. You invest money and resources, you study the market, you take chances and then.....you either strike gold or lose everything. But, just think. What if that risk was so minimal that it didn’t matter what kind of business you started or how much you invested? That’s how the EaaS business model of VirtualEmployee.com works – it cushions you against falls and blows and allows you to set up your own company or business without going bankrupt in the bargain.
Interestingly, this is not the first time we have featured in the western Press. In October 2012, VirtualEmployee.com MD, Shaunvir Mahil, was featured in a Australian newspaper in Perth, The West Australian, that ran an article on his Australia visit, aptly titled, 'New twist on outsourcing' (October 17, 2012).