Since 2000, when business process outsourcing started, American companies have been doing clinical trial outsourcing to save money by testing potential drugs on the large Indian population. Seeing the huge opportunity, many Indian companies have started setting up clinical trial centers in India to perform various clinical trial outsourcing activities on behalf of American companies. Read more
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A report by the Economic Times said that knowledge process outsourcing (KPO) provides excellent business opps for Indian enterprises. It is also likely to provide the industry with value added services, said consulting firm Gartner. Read more
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Medical firms have found that outsourcing transcription work is a huge advantage, enabling professionals in the field to concentrate fully on their major commitments; this would be to offer the best care for patients. This is extremely time efficient for medical workers since it frees them from looking after the transcription aspects of a medical institute. Read more
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Fall River-Massachusetts based firm, Millstone Medical Outsourcing has announced that the company will be expanding to reach new clients in the medical device sector. Read more
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According to published reports, there are frequent concerns in the pharmaceutical industry regarding the dangers involved in outsourcing clinical trials to contact research organisations or CROs. The key concern is that while rapid production along with cost savings are emphasized, ethical concerns and protection might take a back seat. Read more
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According to a report by pharmabiz.com, there is an acute shortage of professionals in the pharmaceutical outsourcing industry. The sector has revealed phenomenal growth from 2005-2010. Many firms have been outsourcing to vendors who specialize in Pharma Knowledge Process Outsourcing and others have established captives in India. Read more
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The coming health care related outsourcing and IT spending wave in theory could be bonanza for Indian IT services firms and outsourcers alike but will increased concerns over the outsourcing of medical records derail the efforts of Indian firms to grab a significant piece of this market? Much is at stake as starting next year, the US government will begin to dole out billions of dollars to health-care providers who adopt electronic medical records while doctors themselves will also face a federal mandate to upgrade their software as the country switches to a new system of insurance billing codes. In fact and in a recent article in the Wall Street Journal, Pradep Nair, the head of the health-care practice at New Delhi’s HCL Technologies Ltd., referred to the upcoming spending wave as being the next Y2K opportunity. Read more
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In an age when American students outsource the writing of their term papers and homework to third parties, it should come as no surprise when some American professors have decided to outsource the grading of their students’ work. That is exactly what the Chronicle of Higher Education noted back in April when it mentioned Lori Whisenant, the director of business law and ethics studies at the University of Houston, who decided to outsource assignment grading to a company whose employees were mostly in Asia and India in particular. Apparently, her seven teaching assistants could not keep up with grading the papers from and providing appropriate feedback to the 1,000 juniors and seniors enrolled in her course each year. Read more
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Social game provider, Zynga, has said it plans to expand its operations from its base in the U.S. to a center in India. Not surprising, since Bangalore, India heralds the title – the world’s outsourcing hub. Read more
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While American journalists love to criticize corporate America for outsourcing, look who else is also outsourcing to India: American print newspapers. And they are outsourcing work overseas for the same reason that much of corporate America is outsourcing – both to survive and because it makes sense from both a cost and a quality standpoint. Read more
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