Globally,
the STM (Scientific Technical and Medical) segment dominates publishing outsourcing.
High production costs, lower unit sales, complex yet repetitive formats are
the primary drivers for outsourcing in the STM segment. UK and US are the most
prominent countries in STM publishing, and 62% of the content is in English.
Almost all the leading STM publishers, including Elsevier, Taylor and Francis,
Kluwer, Springer already outsource their requirements to India.
The
major drivers of offshoring to India include:
- More
than 100 year history of domestic English publishing industry
- Trained
workforce proficient in English language, as well as in publishing
- Success
stories of early pioneers like Macmillan
- Significant
cost arbitrage
ValueNotes
estimates the total publishing outsourcing revenues of the Indian industry to
be currently around $200 million, whereas the global opportunity for publishing
outsourcing is estimated at $8.1 billion, which would be valued at an estimated
$4.86 billion if offshored.
The
vendor landscape in India presents a rather fragmented picture. Over 50 players,
offer a wide range of publishing outsourcing services. Smaller players
focus predominantly on data conversion/digitization services. Larger
players provide the entire range including design, content development, data
conversion and even turnkey project management services. "E-learning /
content development would be the next strategic focus area of most of the top
players including TechBooks, Thomson Digital and Macmillan India" says
Aradhana Kolhatkar, analyst, ValueNotes.
The
report gives an overview of the global publishing scenario, offshoring by publishers,
detailed Indian vendor analysis and profiles of leading players offering publishing
outsourcing services in India. The report is designed to help:
- Publishers
looking to outsource/offshore
- Libraries
looking to digitize content
- Outsourcing
consultants evaluate and compare the offerings of Indian vendors
- Publishing
BPOs to assess their competitive environment
- American
and European Publishers looking for Indian partners
- Researchers
and others looking for detailed information on Publishing outsourcing
Publishing
houses will find this invaluable in understanding the capabilities of Indian
vendors, and selecting the best fit.
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