A career with an Indian LPO was the least preferred option among law students, according to a recent survey conducted by ValueNotes. This was despite the fact that 45% of the respondents felt that the pay package offered by an LPO was better as compared to that offered by a law firm.

ValueNotes has been named as one of the "Top Research and Data Services Firms" by Brown-Wilson Group in their prestigious 2008 Black Book of Outsourcing. Each year, the Brown-Wilson Group evaluates leading global outsourcing service providers

The US newspaper industry has been battling growing margin pressures for the last few years. Amongst measures like reducing global coverage, cutting edition sizes, streamlining resources and cutting excess jobs, several leading newspaper companies are evaluating offshoring.

A recent survey, conducted by ValueNotes, to gauge the willingness of law firms and corporate legal departments to offshore legal services reveals that corporates will offshore more aggressively by 2010.

As the industry becomes more and more competitive, Indian pharmaceutical companies are aggressively planning strategies to de-risk their business and are resorting to hiving off their R&D units.

The information search business is growing globally and the use of yellow pages is set to increase. Despite increasing competition due to the rapid expansion of the Internet and the increasing presence of the web media, the yellow pages industry has been growing at around 2.5-3.5% per annum.

The domestic market research industry is estimated to be $145 million for FY07, and is expected to have a modest growth rate of 20% in the near future. In contrast, the market research outsourcing (MRO) industry has grown to $148 million in FY07, and is slated to reach $800 million by FY12 at a CAGR of 47%.

ValueNotes hosted an executive briefing in Bombay to present the main findings of its research study, Market Research Outsourcing (MRO) - The India Growth Story. Delegates shared their thoughts on the threat to MRO vendors due to the commoditization of low-value market research services, and the need for technology, global service delivery capabilities and strategic alliances.

A new study by ValueNotes, in collaboration with Bombay-based KnowGenix, titled "Bioinformatics outsourcing for life sciences - India opportunity” reveals that global clients are increasingly and favourably looking at India to cater to their bioinformatics needs.

A recent report by ValueNotes estimates that the current Indian revenues from legal services offshoring are slated to grow from $146 million for the calendar year 2006 to reach $640 million by end 2010.

Recent findings from a detailed study on publishing offshoring indicate that industry revenues for Indian offshoring stand at $440 million in 2006. At an estimated growth rate of 35% per annum till 2010, the industry will be worth $1.46 billion by 2010.

Global pharmaceutical companies are increasingly turning to Indian vendors offering drug discovery research using newer techniques at much lower costs. Major drug discovery companies are realizing that the question is no longer whether to outsource or not, but one of finding the right partners.

Healthcare BPO services provider Zavata India’s $80 million contract from four major hospitals in the US in November last year is likely to set a strong precedent for more contracts involving turnkey end-to-end Revenue Cycle Management (RCM) services.

A report by ValueNotes estimates that as many as 360,000 US tax returns were prepared in India in 2006. The report anticipates further growth, estimating at least 1.6 million returns will be prepared in the country in 2011.

A report by Pune-based ValueNotes anticipates that offshoring of insurance services to India will be propelled into a higher growth phase with more than 30 percent annual growth every year for the next three years.

According to estimates by Pune-based outsourcing research firm ValueNotes, India is the preferred BPO destination for offshoring banking and financial services (BFS), earning $1.83 billion in revenues and employing 125,000 persons in 2005-06.

According to a report by ValueNotes, revenues from automotive design and engineering offshoring are expected to cross $1 billion by 2010, from $270 - $300 million in 2005. Estimates show that the industry employs 12,000 people in India and is likely to see a 30 per cent growth every year for the next three years.

According to a report by ValueNotes titled ‘The US Medical Transcription industry: perspective on outsourcing and offshoring’, medical transcription offshoring from India currently generates $195 million in revenues, and is expected to reach $647 million by 2010.

Small cities, knowledge process outsourcing and global competencies - these are the buzzwords for the India-based outsourcing industry in 2006. ValueNotes looks at what's in store for BPOs in India in 2006.

With the increasing acceptance of India as a preferred offshoring destination, a large number of non-CRM and non-transaction related services are being offshored. Among these a range of higher-value services, like legal services, requiring not just skill, but "knowledge", are rapidly gaining traction.

According to the latest research report "Offshoring in the Publishing Vertical" released by ValueNotes, current publishing outsourcing revenues in India are estimated at approximately $200 million and are expected to cross $1 billion by 2010.

The ValueNotes Sourcing Practice brings you the first-ever compilation of detailed company profiles of the top 50 third-party BPO vendors in India. These profiles not only provide details like financial data, key management and expansion plans, but also insights into their strategies, competitive positioning and future outlook.

The potential for the insurance outsourcing market is enormous, with over 1500 property & casualty (P&C) insurance companies and 1300 health insurance companies in the US alone. Globally, the banking, financial services and insurance (BFSI) vertical is the fastest growing segment in outsourcing.

The story of R&D outsourcing in India dates back to 1985-86 when Texas Instruments was the first to set up a center in Bangalore. GE and Intel soon followed suit, as did other global technology and telecom companies like Cisco, Microsoft and Motorola.