PikeNet Dispatch, October 23, 2003
Vol 8 No. 79 (708), "More than 9,000 subscribers"
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Overseas Outsourcing: Yes, It's Happening
 
Clashing Priorities... Last week's Dispatch on overseas outsourcing, Is Your 'Building Office' Overseas? (Oct 16) touched a nerve. It turns out that commercial real estate companies already outsource significant tasks overseas. At the same time, there's a feeling of unease about outsourcing's impact on the national job market and the demand for office space.

Randy Miller at CoreBriX writes, "We are the first IT and Business Services Company providing Onshore/Offshore outsourcing solely to the commercial real estate industry. We are based in Charlotte, NC and have our own Offshore facility in New Delhi, India. We have about 15 senior people here in the US and about 50 offshore in India (with access to as many as 200+ through our partnerships)."

Peggy Biddison at Accruent writes, "We’ve had an outsource facility overseas for over 3 years. 200 people abstracting leases, more than 18,000 leases abstracted to date, averaging 3,000/month currently... We have this nailed."

However, Diane Schachner at Leo A. Daly (architecture and engineering) writes, "It makes me sick to hear about all of this outsourcing when so many of our US citizens are jobless! We all need to think of ways to prevent this outsourcing!"

Likewise, Wendy Flint with CB Richard Ellis in Columbia, SC, writes. "Instead of looking overseas to Romania, how about these corporate companies look locally in our great U.S.? There are tons of college students that are learning how to design…why not outsource it to a college?"

But the big guys are now in the game with a company actually called Global Realty Outsourcing (GRO), which appears to outsource to India "complex analytical work, data aggregation and back office functions." GRO is backed by four major players -- Capital Trust, CDC Capital Partners, Citigroup, and Wachovia. So, if anything, outsourcing looks likely to accelerate rapidly.

--Peter Pike

Peter Pike / PikeNet Copyright © PikeNet 1996-2005
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