| Information Technology
(‘IT’), the miracle industry, has evolved
significantly in the last couple of decades.
Besides creating the most amazing efficiencies
in the world today, it has also produced some
of the world's most admired companies. IT
in itself is a vast space that covers a wide
gamut of activities.
IVF believes that E-learning, Enterprise Application
Integration, Enterprise Reporting, Managed
Services, Telecom Services, and Embedded Software
are some new |
|
realms
with potential for significant value creation.
The pull back of the "great technology
boom" has resulted in movement of a large
number of outsourcing jobs to lower cost regions.
India is the vanguard of this movement, given
her large pool of trained and very cost effective
manpower. Several companies in Europe and
USA are moving their critical back-office |
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processes to India
amongst other cost efficient countries. In
the years to come, some of the fields that
will gain from India's competitiveness are:
asset and risk management,
financial analysis, mortgage processing, insurance
claims, credit card processing, payroll administration,
data entry, document processing & management,
as well as other associated processes. |
