IT Outsourcing Strategies: The Case of Indian Banking Sector

Siva Prasad Ravi, Ravi Kumar Jain and Wei Song
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Siva Prasad Ravi: Thompson Rivers University, Canada
Ravi Kumar Jain: IFHE University, India
Wei Song: Thompson Rivers University, Canada

International Journal of Asian Business and Information Management (IJABIM), 2011, vol. 2, issue 3, 27-39

Abstract: Several studies pertaining to outsourcing in the banking and financial services sector in developed countries show a gradually growing trend of outsourcing among banking and financial organizations, both in terms of nature and scope of activities outsourced. Outsourcing of Information Technology (IT) services to achieve competitive advantage has become a key part of the organizational strategies in the banking industry. However, not many studies focus on outsourcing trends and practices of banking industries in developing countries like India and China. The present paper investigates the trends in IT outsourcing (ITO) practices among the private and public sector banking institutions in India and makes a comparative analysis of these practices with reference to four importantt dimensions of outsourcing, shoring, sourcing, engagement and duration.

Date: 2011
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