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Indian IT saves $30bn for US, European cos
Aug 19, 2010
The information technology and business process outsourcing (IT & BPO) sector today accounts for 6% of the country's GDP, a quantum jump from 1.2% just a decade ago, according to a recently concluded study by industry body Nasscom, in association with research firm Evalueserve. The study estimates that by 2020, the sector will account for 10% of the country's GDP and 14% of the total services sector revenues.

IT, BPOs bring in 14% of state GDP
Aug 19, 2010
(...) Talking exclusively to TOI, he said that as per a Nasscom-Evalueserve survey, "IT has had transformative impact on Tier-1 cities and has positively impacted industries like hospitality, transportation and aviation.
There is immense scope to replicate this in Tier-2 and Tier-3 cities."

The Nasscom boss expressed concern over the hike in fees for H1 and L1 visas saying it marks a departure from ‘rhetoric’ to one where there is clear discrimination and ‘legal immigrants are made to pay for illegal immigrants’.

Times of India>>

Is there an Indo-LAC trade gap?
Aug 19, 2010
(...) The IDB report argues that Latin America does not produce sufficient engineers and this would be a major obstacle to the full development of the Indian-led, IT-enabled services sector in the region. Needless to say, this is not something that can be remedied in the short term. Yet, many of these jobs do not demand engineers — other professionals will do as well. A more critical issue may be lack of English language skills, something that can be addressed more easily. A study by Chile's National Innovation Commission in 2006 concluded that the establishment of BPO and KPO centres should be one of the country's highest priorities to foster innovation. They not only create good jobs but also transfer technology in a cutting-edge sector of the world economy. The presence in Chile of both TCS and Evalueserve is highly appreciated. (...)

The Hindu>>

Bank on language, earn a fat paycheque
Aug 17, 2010
According to a study by international research company Evalueserve, there will be a potential demand for over 1,60,000 foreign language professionals in the Indian offshoring (IT, BPO and KPO) industry.

Express India >>

Why every business MUST care about social media!
Aug 16, 2010
(...) B2B Lead Generation: Given more and more professionals (LinkedIn has over 75 million users in over 200 countries) will continue to spend their precious time on social media, almost every organisation has an opportunity leverage this medium for lead generation. Evalueserve, a company who coined the term KPO (Knowledge Process Outsourcing) has highly effectively used Social Media as a great B2B Lead generation tool to acquire global customers.(...)

Rediff Business>>

Indian Hotels gears up for expansion, to spend Rs960 cr
Aug 6, 2010

(...) Indian Hotels’ April-June net profit plunged to Rs3.33 crore from Rs16.44 crore last year.

India requires investments worth Rs60,000 crore over the next five years to cope with the unmet demand for around 150,000 rooms, according to Ficci-Evalueserve. (...)

Livemint >>

Indian Hotels to expand selectively abroad: Tata
Aug 6, 2010

(...) Indian Hotels posted a decline in net profit at Rs 3.33 crore in April-June quarter as against Rs 16.44 crore in the same quarter last year. The hotel chain's net sales rose to Rs 329 crore during the first quarter. The firm had said it has earmarked around Rs 260 crore in FY11 for new projects across India. According to Ficci-Evalueserve, India requires investments worth Rs 60,000 crore over the next five years to cope with the unmet demand for about 150,000 rooms.

Indian Hotels currently has a debt of Rs 3,800 crore and cash balance of over Rs 500 crore.

Financial Express >>

Knowledge Process Outsourcing: is the Sector Ready for the Change
Aug 1, 2010

(...) According to a recent study by “Evalueserve (a Gurgaon based outsourcing company) having service chart for global world”, the global KPO market is expected to grow at a cumulative annual growth rate (CAGR) of 46 per cent, from $1. 2 billion in 2003 to $17 billion in 2010. Compare this with the prediction for the low-end outsourcing services market. This is expected to have a CAGR of 26 per cent, from $ 7. 7 billion to $39. 8 billion in the same period. Evalueserve says India provided $3. 5 billion of BPO and KPO (but non-IT) services in 2003 and is expected to grow at a CAGR of 36 per cent during 2004 to 2010. Hence, it is likely to earn $30 billion in 2010 by providing these services. According to Evalueserve, the KPO industry in India had only 9,000 billable professionals in India, generating revenue of 260 million dollars during 2000-01. (...)

Sourcing from China >>