What is the future of KPO?

THE FUTURE OF KPO: The global KPO sector is expected to grow at a CAGR of over 45\% to reach USD 17 billion by 2010. India, with its highly qualified professionals and their comfort with English language, is emerging as the location of choice for a wide variety of KPO work.

Is there growth in KPO?

Careers in KPO. According to a study conducted by National Association of Software and Services Companies (NASSCOM), KPO industry is expected to grow from $1.2 billion in 2003 to $17 billion by 2013-14. To be successful in the field, one must have the aptitude for outsourcing data and information precisely.

What is difference between KPO and BPO?

BPO and KPO are two types of outsourcing that companies often employ, particularly when it comes to call center operations. While BPO call centers handle processes on behalf of a client, KPO call centers are involved in the handling of information, knowledge, or data on behalf of a client company.

What do you know about Indian KPO sector?

In India, the KPO sector specializes in market research, equity, finance, and market analytics and data management. The present capital world is witnessing rapid transformation from an industrial economy to knowledge economy.

What is KPO in Information Technology?

(March 2012) Knowledge process outsourcing (KPO) describes the outsourcing of core information-related business activities which are competitively important or form an integral part of a company’s value chain. KPO requires advanced analytical and technical skills as well as a high degree of specialist expertise.

What is the future of KPO market in India?

The National Association of Software and Service Companies (NASSCOM) has predicted that India will acquire a 70\% share in the growing KPO Industry. According to ASSOCHAM, Indian KPO market has been growing at a compounded annual growth rate of approximately 30\% and is expected to touch $30 billion by 2015.

What is Knowledge Process Outsourcing (KPO)?

India, with its large pool of talented professionals and specialized domain workers, is quickly becoming the central hub for what is known as Knowledge Process Outsourcing (KPO). The Indian KPO sector offers global customers with a wide range of services among various industry verticals.

What are the benefits of a KPO?

Reasons behind KPO include an increase in specialized knowledge and expertise, additional value creation, the potential for cost reductions, and a shortage of skilled labor.