HCL is cutting cost of IT services through Offshore Outsourcing

HCL is cutting cost of IT services through Offshore Outsourcing, declared by the company during an interview to a Pharma Company. As pharma organizations are tightening their belts, these companies are anticipating more and more cost savings from their Offshore Outsourcing service providers. IT services organization HCL Technologies talked to one of the Pharma companies at Interphex in New York to clarify how the company is facilitating important cost savings to its big pharma firms and manufacturers globally through IT Outsourcing and other services. HCL provides lots of valuable IT services to the Pharma Clients globally and help them making the cost savings over their investments.

HCL, specializing in value-added IT solutions and services along with BPO (Business Process Outsourcing) and infrastructure management services and facilities. The company has recently shifted its life sciences concentrated to four important areas.

1) Clinical data management
2) Medical devices
3) Regulatory services and
4) Manufacturing engineering services.

Offshore Outsourcing Services

HCL has its recent coalition with India's leading contract research organization, Synchron. Company HCL is now facilitating clinical data management services and functions to its clients in the United States, Europe, Japan and almost every where in Asia region at a fraction of the cost that United States and other Western organizations charge. These all has happened due to the active participation and practice of the company in Offshore Outsourcing services. By providing these services and functions from company’s facilities on Indian Territory, the company can charge much less than its key competitors such as Oracle and Phase Forward and man others. IT Outsourcing has made it easy for the company to pose challenges for its global competitors.

According to the company’s planning, its clients can save cost up to 50% in the very first year on what they are at presently paying for clinical data management services. after this over the time period of next three years company can propose those savings of 20% more on top of all these facilities. All the credits of such ideas go to the process of Offshore Outsourcing. HCL is anticipates to see a huge demand for these services due to the heavy cost savings this process can offer to the clients globally. The other advantage with this IT Outsourcing giant is the name of India with it.

India is the country where no. of clinical and IT Outsourcing companies are working and also demanded the most globally for the low cost and best quality services. Company expects that this clinical data management business will replicate the success story. At present this business division is focusing on medical devices that are engineered exclusively for sale in emerging market places such as India and China. Company also anticipates a lot from this Offshore Outsourcing effort.

Several clients are now looking to automate their manufacturing functions and services in the near future. HCL is now confident that they can do this for 50% the cost of their competitor because of the Offshore Outsourcing.