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Risks, Rewards & Trade-offs of Offshore Outsourcing to India, China and Eastern Europe

Date: January 16-17, 2003
Venue: San Francisco, CA.

Overview

Conference Overview

According to some studies, the trend of sending outsourcing offshore is rising. Spending on offshore development by US companies will increase from $5.5 billion in 2000 to more than $17.6 billion in 2005. E-commerce and Web-based application development is projected to be the fastest-growing segment of offshore outsourcing. Worldwide BPO spending is estimated to grow from $208 billion in 1999 to $545 billion by 2004. Almost half of the Fortune 500 companies are now outsourcing offshore and numbers are expected to increase.

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About the session

Offshoring of projects is a cost - effective, but risky proposition. The companies which are considering outsourcing should take into account a host of risk exposures while drawing up their plans. The success of the initiative largely depends on the effective tackling of these risks. This session would focus on practical Risk Management tips for executives looking at offshore outsourcing.

The talk would cover Risk Management aspects of all the three phases of offshore outsourcing (Framework definition, partner selection, and implementation). The discussions would include :

  • Risk Management approach for each of the three phases.
  • 'Out of the text book' aspects of offshore outsourcing Risk Management.Tips for effective Risk Management.

The focus would be on practical steps which could be quickly translated into action. This session would be of great interest to executives and managers engaged in offshore outsourcing strategy and implementation work.

About the Infosys Speaker

S. R. WARRIER, AIRM, FIII, AMIE

Mr S. R. Warrier has been associated with the Insurance Industry for 14 years in various capacities. He has handled various functions in direct insurance as well as reinsurance operations. Mr. Warrier is currently working as Senior Consultant with the Domain Competency Group of Infosys Technologies Ltd. His areas of interest includes technology led industry transformation, risk management and reinsurance operations.

Mr. Warrier hold a bachelors degree in technology and is a qualified Associate of the Institute of Risk Management, London. He is also a Fellow of the Insurance Institute of India.

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