In our prior post, we noted that BPO and KPO scaling faster than IT Outsourcing. Lokendra Tomar, SVP Knowledge Services, pointed out that business process outsourcing players were on the way to crossing the $1 billion US dollar revenue mark faster than IT outsourcers got there.
Now, BPOs queue up to book seat in billion dollar club in the Economic Times (4 July 2008) makes a similar observation:
“Analysts feel that IT services success story is now unfolding in the BPO industry… Large Indian IT services players, which roughly took about two decades to cross the $1-billion mark, operated in a different era when they mostly grew organically. Their inorganic growth path came much later unlike the case of the BPO companies, which may have crunched the time to grow big.”
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