Careers in KPO (Knowledge Process Outsourcing) industry.
Knowledge process outsourcing (KPO) is referred as a form of outsourcing whereby the knowledge related work is performed in an organization or by a
division of the same organization, which may be in the same country or in an offshore location to save the cost. In contrast to the outsourcing of production
or manufacturing, KPO has specific focus on knowledge expertise and high-value knowledge based work. KPO industry involves high-value tasks carried out by organization. KPO industry is always in need of candidates with proficiency in advanced information search, analytical, interpretation and technical skills alongwith the professional and decision-making aptitude.
KPO is a quick-money sector and provides long-term jobs as well. Well-educated, intelligent, knowledgeable, analytical and deserving candidates can make
handsome money in this sector, far more than that is being paid in the BPO sector. KPO industry is more concerned on value chain rather than a traditional
BPO company that provides basic backend or customer care support.
KPO VERSUS BPO
The demarcation line between KPO and BPO is very thin. Generally, KPO and BPO are closely related to each other. BPO industry handles the problems
in a pre-defined and pre-processed way. Business process outsourcing (BPO) is a broad term which refers to outsourcing in all fields. A BPO differentiates itself by either putting in new technology or applying existing technology in a new way to improve a process.
Business Process Outsourcing (BPO) is the delegation of one or more IT-intensive business processes to an external provider that in turn owns,
administers and manages the selected process based on defined and measurable performance criteria. Business Process Outsourcing (BPO) is one of the fastest growing segments of the Information Technology Enabled Services (ITES) industry.
Some of the KPO Services outsourced to India are
1. Medical Writing Services
Medical Transcription
Medical Billing/Coding
Medical Writing
Medical Editing
Medical Content Enrichment
Attribute Extraction
Medical content classification
2. Market Research
Data Processing and Analysis
Web Survey Analysis
Marketing Questionnaire Design
Media Research
Online Research
Multivariate & Bivariate Analysis
Quantitative Market Research Services
Business Market Research
International Market Research
Market Research Surveys
3. Content Development Services
Technical Writing
Web Content writing
Fiction Writing
Proofreading Services
Editing Services
4. Legal Research Services
Legal Research
Legal document review
Litigation Support
Legal Coding
Legal Proofreading
Scoping
Legal Document Management
Legal Publishing
5. Intellectual Property Investigation
Prior Art Search
Patent Writing
Invention disclosure drafting
IP Overlap Analysis
Patent Claims Mapping
Patent Proofreading
Claim Analysis
Patent File History
6. Data Research & Data Analysis Services
Online Research / Secondary Research
Strategic Market research
Equity Research
Fixed Income Research
Quantitative Analytics
Business Research and Analytics
Financial Analytics
7. Financial Market Research
Applied Investment Research
Financial Analysis
Financial Accounting
Business Research
Investments Research
Credit Research
Equity Research
Financial Analysis and Financial Statements
Tax Preparation
Financial Data Entry & Conversion
Competitive Business Analysis
Syndicated Research
Trend and Competitor Analysis
Company Profiling
8. Database Development Services
Data Enhancement
Database Hosting
Clinical Data Management
Database Publishing
Reporting and Business Dashboards
Data Mining
9. Animation And Simulation Technology
Forensic Animation
Simulation
2D and 3D Animation
Virtual Reality Systems
So don't be late to enter the KPO industry if you want to grow big quickly.
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