Monday, December 9, 2019

Offshore Development Center (ODC): What is it? How does it add value?


An Offshore Development Center (ODC) is an Information Technology or Software Development office located in a country with a highly skilled talent pool and lower cost of labour. This Offshore Development Center offers software development services to other organizations located in other parts of the world. The Offshore Development Center (ODC) of an organization usually follows the methodologies, practices of the client company.
The globalized world of constraints is leading organizations to embrace effective technology platforms that will reshape business models and therefore business strategy as well.

Information technology is an integral part of business operations and it’s reasonable to implement and manage IT efficiently to make a significant difference to the overall business performance. Also, companies are looking at ways to develop their products at a lower cost and with a faster time to market in order to improve both top-line growth and operating profits.

Besides saving cost and time an efficient Offshore Development Center (ODC) of an organization can bring about a lot more than just saving cost. Some of the major value additions we can expect of an expert Offshore Development Center (ODC) are:
  • Quality performance/ improvement
  • Resolve Skill Shortage
  • Innovation and Quality
  • Capital Cost avoidance
What makes India an Attractive Offshore Destination?

India’s IT & ITeS industry grew to US$ 181 billion in 2018-19. Exports from the industry increased to US$ 137 billion in FY19 while domestic revenues (including hardware) advanced to US$ 44 billion.
Indian IT's core competencies and strengths have attracted significant investments from major countries. The computer software and hardware sector in India attracted cumulative Foreign Direct Investment (FDI) inflows worth US$ 37.23 billion between April 2000 and March 2019 and ranks second in inflow of FDI, as per data released by the Department for Promotion of Industry and Internal Trade (DPIIT).

Indian programmers, in particular, excel at high-end and complex systems design and development. This ability serves them well in applied fields of software engineering: high tech in general, precision electronics, medical devices, aerospace, and automotive.

India demonstrates several vantage points for international organizations to consider working with software development resources based in India:
  • Availability of programming specialists
  • Effective Labor Costs
  • Technical excellence
  • Research & Development focus
  • Strong fundamental education
  • Experience with complicated projects
  • Adaptive culture
  • Availability of local professional organizations
 
At ManpowerGroup, we enable our customers to insource and outsource workforce management, allowing them to focus on achieving their strategic goals. Through our Offshore Development Centers we provide global best practices delivered loca