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With the improvement in Sri Lanka's value proposition in IT/BPO, the country is clearly emerging as a global sourcing destination in the region, reports The Nation. The positive socio-political developments driven by the country's improving security conditions have been highlighted as key reasons for attracting more companies focussed on FAO (finance and accounting outsourcing) and Software Development, in addition to the vast pool of accountants and software engineers in Sri Lanka.

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Kiran Karnik, former president of NASSCOM has dropped the bombshell in his latest book "The Coalition of Competitors" . He has virtually taken off the lid from the so called " myth" of India producing high quality educated graduates.He conceded to NYT that "India's software industry found the quality of Indian graduates so poor that they considered only 25 percent of engineering graduates and 15 percent of other graduates employable.

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This is a very interesting piece of information! Thanks for sharing! Outsourcing has become more and more popular, though not in all business spheres. One of the most popular outsourcing directions is IT services. And I'm very interested in it. I've already found out about IT outsourcing trends on https://diceus.com/outsourcing-trends-2018-will-boost-company/ and I guess, this information is useful for everyone who follows the modern outsourcing innovations.

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