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Wednesday, October 24, 2007

KPO Companies - New Cost Saving Possibility?

In comparison to the Business Process Outsourcing, which centers on process expertise, knowledge process outsourcing deals with knowledge expertise. Employees of KPO companies are to possess substantial technical and analytical skills.

There are of course certain circumstances, which enhance the massive appearance of KPO companies. Several developed countries, such as the USA or the UK and other countries of Western Europe lack highly-skilled specialists in different spheres of knowledge, such as for example IT sphere, Research and Development, engineering design, financial risk management, and others. Therefore, the businesses have to use the services of numerous KPO companies offshore.

Many of the KPO companies seek to provide valuable services to their customers in the form of high-quality knowledge expertise and real effectiveness, which does not always mean that the customer will get serious cost savings due to the fact that the KPO company is located in a low economy zone. High and persistent quality is the main principle of KPO companies.

Potential clients of KPO companies are searching for the employees, who possess the necessary knowledge, depth, and experience in focused areas of KPO. Most customers prefer to employ the companies, which are focused on one service, rather then those who provide a variety of BPO, IT and KPO services. It is very important for the KPO companies to develop knowledge skills in a certain area and specialize in it.

One of the main factors, which brings customers to the offshore KPO companies, is the presence of a substantial, high-quality skilled bank of specialists. That is why most KPO companies appear in the countries with a large number of University graduates such as engineers, MBAs, PhDs, attorneys. Some of the examples of such countries are India, China, and Russia.

The most frequent customers of the KPO companies are the English speaking countries. At the present time the majority of KPO companies are situated in India, which can boast of a great number of qualified specialists, who speak English as their first language.

Although other European countries are only beginning to outsource BPO services, they are enthusiastic about outsourcing the KPO services to such countries as India, Philippines, Ireland, and others. If the language problems of the non-English speaking countries are solved in the nearest time, then the number of KPO companies is bound to grow.

Olga Makhnach, copywriter for MoveYourWeb Knowledge Process Outsourcing Company

Article Source: http://EzineArticles.com/

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