Alsbridge Opens Global-In-House Captive Center in Bangalore
(Bangalore, India) April 17, 2014 – Alsbridge Inc., the world’s leading outsourcing consultancy organization, has announced the setting up of its first global-in-house ‘captive’ center in Bangalore India. The key value-add of the center includes knowledge process outsourcing (KPO) for its various business services as well as software development & support.
Alsbridge was ranked no.1 outsourcing consulting firm in the world by the IAOP in 2012 based on the value delivered to their clients. Alsbridge’s outsourcing consulting practice advised on over $ 5 billion in outsourcing contract value. Alsbridge has consistently ranked in the top five over the last six years.
"Setting up our entity in Bangalore, India, is a strategic decision for Alsbridge. We are confident that we can leverage the immense talent that India offers to make our global service more competitive in the years to come," said Chip Wagner, CEO, Alsbridge Inc.
The U.S.-headquartered firm has already received approvals for its Indian subsidiary and is in the process of setting up the organization with the help of its local partner – CaptiveAide – a firm that specializes in helping multinational corporations set up and build their India entities.
"We are delighted at this news and we welcome Alsbridge to India. We commend their decision to set up a global in house center (GIC) and we are confident that they will benefit immensely from this decision," said K S Vishvanathan, Head GIC Initiatives of NASSCOM.
Alsbridge’s GIC (captive) entry adds to a long list of multinational companies that have set up their own entities in India. These entities benefit in many ways including de-risking of outsourcing, low cost innovation, direct control over results, developing global leadership talent and access to local markets.
About Alsbridge Inc.
Alsbridge is a management consulting firm that helps companies reduce costs and enable their businesses by optimizing the way they work with their vendors. With over 200 consultants on four continents, Alsbridge has been a trusted advisor to over 40% of the Fortune 500 and currently advise over 200 clients a year on over $11b in spend. This gives us tremendous market insight and deep benchmarking databases that our experienced consultants use to help clients engage the optimal vendors for their situation, negotiate best practice terms at fair market prices, and improve the way they govern vendor relationships. Alsbridge clients utilize the most cost effective and value added sources globally for IT infrastructure services, network carrier services, hardware and software, application support and development, business processes and cloud services.
CaptiveAide (www.captiveaide.com) is an India based firm that provides end to end advisory services to multinational corporations wishing to set up GICs or captives in India. CaptiveAide’s T-O-T-O methodology supports their clients in the establishment of their entity, transition and operations to transformational outcomes, in a risk-managed manner.