Indian SMEs join global outsourcing revolution
Monday March 07, 2011 , 3 min Read
PeoplePerHour.com – the online outsourcing marketplace for businesses – has seen a huge rise in the number of Indian Small and Medium Enterprises (SMEs) enjoying the cost and time-saving benefits of online outsourcing. The number of India based users of PeoplePerHour.com has doubled since launching earlier this year and already has more than 13,000 registered Indian freelancers with an average hourly rate of US $ 16.
SMEs using PeoplePerHour.com have access to a virtual, on-demand, global workforce that enables them to scale up or down as required. In the current economy, Indian SMEs which are the third biggest users of PeoplePerHour.com are benefiting from outsourcing work on an ad hoc basis to cost-effective, flexible freelancers whilst accessing the global talent pool and the best practice across the globe. SMEs using remote freelance professionals in this way are pioneering a new type of virtual business model.
Commenting on global virtual business trend, Mr. Xenios Thrasyvoulou, PeoplePerHour.com’s founder and CEO said, “Thousands of Indian businesses have discovered that they can access top talent and import best practice very affordably by using freelancers”
Mohammad Ali, owner of Genex, a small business in the Information Technology domain based in Kolkata, says “We are a small size company and we use PeoplePerHour.com primarily for information technology projects outsourcing. We have posted many projects and got them done through freelancers. We have benefited as we have got the work according to global standards. It’s time saving and very cost effective”.
Whilst flexibility is a key driver of outsourcing what’s attractive to the booming SME sector in India is the ability to import expertise on-demand cost-effectively. What traditionally would mean going to significant cost to hire consultancy firms or employ people who’ve worked in the West and can adopt best practices now seems just a click away on sites like PeoplePerHour.com
About PeoplePerHour.com:
PeoplePerHour.com (http://www.peopleperhour.com) launched in 2007, with the simple idea of connecting small businesses with talented, independent service providers, in an environment that fosters accountability and trust. The site initially began with one sector – administrative services – and following its success and popularity quickly expanded within three months alone to 10 service categories covering thousands of individual skills.
The website now has in excess of 1,00,000 service providers, spread across more than 150 countries, and serves over 35,000 small businesses clients.
89 percent of the work completed on PeoplePerHour.com gets a five-star rating by the client, validating the fundamental belief on which the business was founded: that talented professionals, when working for themselves, have both a cost advantage but are also more motivated, productive and accountable to the quality of their work, delivering better value to the client all round.