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American global management consulting firm A.T. Kearney’s recent report on “The Widening Impact of Automation” clears fog around the actual picture of IT Industry’s recent development i.e. Robotic Process Automation. According to the report due to Automation more than 1 million jobs are at risk in four countries alone US, Poland, India and Philippines. Automation has been here since quite a long time before disruption found its place in global business processes. It is an inevitable fact that technology is an evolutionary phenomenon and it will continuously improve in future. Automation has helped humans in every way to improve their quality of life by increasing productivity and efficiency in workplace.

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All phases of the software development life-cycle (SDLC) in a geographically distributed environment (offshore/nearshore set-up) should be well aligned so that proper connectivity and sink is established from the planning to executing stage. A lot of buzz has been growing in IT sector particularly in Software Development Outsourcing models. The Sourcing and Vendor Management Organizations at customers use risk mitigation strategies to avoid hassle in project delivery systems.

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According to a recent report from European Automobile Manufacturers Association (ACEA) 12.5 million Europeans work in its automotive sector directly or indirectly. This massive number clearly represents that Europe’s Automotive sector alone holds 5.7% of total EU’s Employment to their credit. This is truly a great achievement for this industry in EU. The Automotive sector, being one of the top industries in EU and one of the best in World, is not only responsible for contributing substantially towards its powerful economy and job creation but the industry also provides necessary motivation & opportunity that will lead to Innovation in the existing models of business in future.

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– We say the Core Principles of Successful Sourcing Remain to be Vital

Domestic Sourcing as the name suggests is procuring local talent available for getting software developed in-house and not going miles away or in a different time zone to get it done from a country far away at cheaper rates. A recently published article in NY Times reveals the changing scenario of US markets.
According to the article the practice of American countries to save money by outsourcing IT work at far offshore locations particularly India, China and other Southeast Asian countries is seeing a slowdown. The article says that companies are happier in outsourcing jobs near their own facility or at least in the same time zone. Some benefits which a company can avail from domestic sourcing are as follows:

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Globally distributed software development is optimum utilization of technical resources at different geographical locations across the globe in building software, supported by innovative tools enabling full governance, transparency and high automation at all phases

 

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