Siliconindia Magazine

Cover Story

Virtual Employee: First-of-its-Kind Online Employee Supermarket Outsourcing Business Flexibility, Efficiency & Affordability

Outsourcing, a breakthrough trend in the IT industry, accelerated the growth momentum of MNCs by providing them easy access to an affordable and competitive talent pool through its flexible and economical business model. Unlike MNCs, however, Small and Medium Businesses (SMBs) suffer extensive pocket-pinching as they get chained to one vendor who charges a handsome amount for micro-modifications that involving multiple hierarchal approaches. This eventually results in expensive hours for project completion with no control of the SMB over project in progress. On the flip side, India has a massive English-speaking talent pool that offers a spectrum of outsourced services at competitive costs; but setting up an offshore office in India is not for the faint-hearted! Addressing this huge...