Web News: China economic news from KPMG China services outsourcing market trends survey, high-growth Chinese outsourcing has become an important outsourcing market, it is expected that the next five years China service outsourcing market will keep some 26% CAGR. Three to five years or more than India.
"The acceptance of the KPMG survey of nearly 300 companies, in China, outsourcing and shared services business enterprises than to India and other Asia-Pacific region as a destination number. Most of the enterprise's senior management has its own outsourcing or shared services, or both in a set strategy. "KPMG China services outsourcing consulting competent partner Liang Hui Ning told reporters that shared services in the rapid development of China, in other countries and regions, information technology outsourcing (ITO) still occupy the outsourcing market, but in China Enterprise senior management on business process outsourcing (BPO) and knowledge process outsourcing (KPO) also gives equal attention.
By sector, information services industry (including communications and animation), finance, healthcare, manufacturing, Government and education is the subject of the army and growing businesses focus on five of the top five sectors, accounting for service outsourcing industry market share of 80 percent. From the Division of business services outsourcing, ex 110 strong enterprises, ITO remains the main services, accounting services outsourcing 77 per cent of total revenue.
Although financial outsourcing industry in China started relatively late, the smaller, but very quickly, mainly to credit card, Bank and insurance companies. McKinsey research shows that the size of the Chinese BPO market for more than 200 million Yuan, annual growth of 20% in the past. Among them, the financial industry's BPO reach 48 million Yuan, more than 20 per cent growth rate.
At present, China's financial industry showing a core business and non-core business, the front desk service and background business, standard and non-standard process business processes business accelerate the isolate trends, financial institutions, "great and complete" concept gradually abandon will provide Chinese financial institution services outsourcing products bring great opportunities.
2007 China of onshore and offshore outsourcing contract for only $ 75 million, the contract amount at the 2009 growth nearly tripled to us $ 20 billion. According to the Department of Commerce estimates that by 2010 the global outsourcing market will reach $ 6000. My Government, to 2013 for carrying on offshore outsourcing business 300 billion, and holds one million university graduates.
According to analysis, global offshore outsourcing market size for the next few years will maintain a 20 percent growth rate. But international service outsourcing is still in the early stages of development, the world's largest 1000 companies, about 70 percent of low-cost countries has not been to any business process outsourcing, to date, the international service outsourcing business, all business processes represent only 1% to 2%. As multinational business philosophy of further changes, non-core business of offshore outsourcing will become a trend. It is foreseeable that in the next five to 10 years will be China service outsourcing development of golden period.
KPMG survey revealed that more than 80 per cent of the regional executive staff used the services outsourcing, shared services, or both. They think that China is to establish a shared service center preferred locations. 42% of respondents indicated that at least in China set up a shared service centre, Singapore and India popularity rank second and third place. 41 per cent of the interviewed senior managers expressed their third-party outsourcing service provider in China, 31 per cent said that in India. KPMG is expected, 2014 total scale of China's outsourcing industry will reach 439 million.
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