Knowledge Process Outsourcing
It is the evolution and success of the BPO sector that has given rise to an another wave in the global outsourcing scenario which is known as Knowledge Process Outsourcing (KPO). While BPOs deal with size, volume and efficiency, Knowledge Process Outsourcing deals with the depth of knowledge, experience and niche skill set.
Organizations around the globe are facing great challenges like less time available for introducing products and services into the market and shortage of professionals in various knowledge-intensive high-skill sectors which have paved way to the growth of the KPO industry.
Knowledge process outsourcing (KPO) is a form of outsourcing, in which knowledge and information-related work is carried out by workers in a different company or in the subsidiary of the same company, which may be in the same country or in an offshore location to save cost. It involves high-value work carried out by highly skilled staff. KPO often take some low level business decisions which could be easily undone with, in case if they conflict with higher-level business plans.
Services which are outsourced include:
- Research & Development
- Learning Solutions
- Animation & Design
- Business & Market Research
- Medical Services
- Intellectual Property Research
- Data Analytics
- Training & Consultancy
- Business and Technical Analysis
- Legal Services
- Network Management
The companies involved in scientific research and development. We at Chexsys has taken initiatives to focus on various issues like data privacy, information security and Intellectual Property Rights.
The benefits of KPO include:
- Cost reductions.
- Increased operational efficiency.
- Utilization of the expertise
- Time Saving.
- Profit Increments.
- Availability of required man-power at nominal costs