NEW DELHI: India's prowess in the BPO space continues to win accolades at the global arena with three Indian companies -- Wipro, Bharti Airtel and Bank of India --bagging The Outsourcing Excellence Awards, dubbed as 'Oscars of Outsourcing'.
The awards, presented by the online community Outsourcing Center, are given for the world's best outsourcing arrangements.
Wipro-Nortel Networks, Bank of India-Hewlett Packard and Bharti Airtel-Nortel Networks combine are among the nine winners for this year, US-based consultancy firm Everest Group said in a statement today.
The Everest Group and US-based business magazine Forbes are sponsors of the awards, which would be presented in New York in August.
While Wipro-Nortel have been awarded the "Best Offshore" award for their 15-year old partnership, BoI-HP won the 'Best IT Infrastructure' award for implementing a core banking solution a year ahead of the schedule and Bharti-Nortel combine have been recognised for as the 'Best First Steps' award for best practices in outsourcing, the statement said.
"In addition to the fact that three of the nine winners in 2007 were Indian companies, a large number of the US-based service providers this year are delivering services from offshore locations...three-fourths of the nominated offshore services were provisioned from India," Everest Group country-head (India) Gaurav Gupta said.
The fact that buyers of outsourcing services have nominated so many Indian services relationships this year attests to the world-class services and innovative relationship models that are enjoyed with Indian companies, Gupta added.
"Companies such as Tata Steel, Jindal Stainless, Bank of India, Bharti Airtel and Caliber Point Business Solutions, have outsourced not only to reduce their costs but also to bring in leading-edge technologies through strategic partnerships," he said.
Other award winners include Best Partnership (Old Mutual Financial Network and Perot Systems), Best EU (Thomas Cook and Accenture) and Best BPO (Illinois State Toll Highway and ACS), the statement added.