How does the KPO process work and what roles are available in the various outsourced industries ?
Tasks which require specific skills and domain expertise to process are grouped under the category, KPO which stands for Knowledge Process Outsourcing. The availability of talent and expertise apart from quality services provided at a low cost has made India the favorite destination for outsourcing processes requiring high end resolutions. Moreover developed countries are facing shortage of skilled man power for processing the types of jobs coming under this category. By outsourcing, companies abroad are freed from the task of hiring or retrenching personnel, regardless of the volume of the work. According to a report by Evalueserve, India will tap about 70 percent of KPO work by 2010 and according to Confederation of Indian Industry, the growth under this sector will touch $17 billion mark by 2010.
Difference between KPO and BPO processes
In KPO the focus is on knowledge expertise
In BPO the focus is on process expertise
Domain expertise is a must for one to process a task classified under KPO.
If one has the ability to speak reasonable good English, he/she can be trained to work in a BPO processes.
Processes in KPO will be a part of the core processes of the clients.
Major processes in BPO are about sales and services
The job roles available across various industries are
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