Future of GCCs in India: Transforming into R&D Powerhouses

Future of GCCs in India: Transforming into R&D Powerhouses

Transformative Mega Trends fueling the growth of GCCs in India

RELEASE DATE
24-Nov-2021
REGION
Global
Research Code: DA2C-01-00-00-00
SKU: IT04420-GL-TR_25989
$4,950.00
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IT04420-GL-TR_25989
$4,950.00
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Description

A number of software companies established their fulfillment centers in India in the early 2000s in search of low-cost, high-productivity hubs. The early success of jobs outsourced to India and a rapidly evolving education infrastructure led to further investments in Indian global capability centers (GCCs). As companies ramped up their investments in Indian GCCs, they began to take on more strategic roles, with headquarters transferring decision-making roles to Indian managerial staff.
The study examines this ongoing transition of the GCC in India from a low-cost center to a talent powerhouse, with many capability centers in the country today holding ownership over entire business units and product lines. The study provides insights into the future potential and positioning of the Indian GCC. It also traces the progress and expansion of software companies in India and the shift in roles and responsibilities that have characterized their evolution over time. The study brings detailed insight into the talent management strategies of global companies in India and the best practices that have allowed them to cement their roles as innovation centers at par with their international counterparts.
This research study highlights the following points:
Past, present, and future of GCCs in India
Barriers to success and next steps
Journeys of multi-national companies (MNCs) in India

Table of Contents

1.1 The Strategic Imperative 8™

1.2 The Strategic Imperative 8™

1.3 The Impact of the Top 3 Strategic Imperatives on the Growth of Global Capability Centers (GCCs) in India

1.4 About the Growth Pipeline Engine™

1.5 Growth Opportunities Fuel the Growth Pipeline Engine™

2.1 Research Scope

2.2 Research Methodology

2.3 Research Methodology Explained

3.1 Cost-efficient Talent Powerhouse for MNCs

3.2 Global Client Base

3.3 Conducive Ecosystem for Global Growth

3.4 Indian GCCs—Enabling MNCs to resolve Challenges

3.5 Indian GCCs—Moving up the Ladder to Lead Global R&D Efforts

3.6 Indian GCCs—Becoming More Autonomous and Powerful

3.7 Long-term Value-addition Preferred over Profits

4.1 Improvements Needed in Employee Benefits to Improve Retention

4.2 Indian GCC Leaders—Challenges to Effective Leadership Roles

4.3 Cultural and Structural Changes Needed

4.4 Empowering GCCs

4.5 India’s Cost and Talent Advantage

4.6 India’s Small Cities—Vast Pool of Untapped Talent

5.1 Adobe Research—R&D Profile

5.1 Adobe Research—R&D Profile (continued)

5.2 Adobe India—Ownership and Control over Commercial Products

5.3 Adobe Partnering With Academia and Public Sector

5.4 Adobe—Flexible Work Culture

5.5 Adobe—An Equal Opportunity Employer

5.6 Samsung—R&D Profile

5.6 Samsung—R&D Profile (continued)

5.7 Samsung India—Institutionalizing Patent Culture

5.8 Samsung’s Ties with Academic Institutes

5.9 Samsung India—Working with the State Government

5.10 Samsung India—Source of a Number of Globally Commercialized Innovations

5.11 SRI-B—Largest Software R&D Center outside Korea

5.12 Hiring Process at Samsung

5.13 Microsoft—R&D Profile

5.13 Microsoft—R&D Profile (continued)

5.14 Microsoft Research—A Facilitator of Innovation

5.15 Microsoft Research India—Using Tech for Welfare

5.16 MSR—Incubating World-class Talent through Collaborations

6.1 Growth Opportunity 1: Talent beyond Metro Cities

6.1 Growth Opportunity 1: Talent beyond Metro Cities (continued)

6.2 Growth Opportunity 2: Expanding Roles of Business Operations

6.2 Growth Opportunity 2: Expanding Roles of Business Operations (continued)

6.3 Growth Opportunity 3: Acquisitions and Strategic Partnerships

6.3 Growth Opportunity 3: Acquisitions and Strategic Partnerships (continued)

7.1 Key Contacts

8.1 Your Next Steps

8.2 Why Frost, Why Now?

Legal Disclaimer

A number of software companies established their fulfillment centers in India in the early 2000s in search of low-cost, high-productivity hubs. The early success of jobs outsourced to India and a rapidly evolving education infrastructure led to further investments in Indian global capability centers (GCCs). As companies ramped up their investments in Indian GCCs, they began to take on more strategic roles, with headquarters transferring decision-making roles to Indian managerial staff. The study examines this ongoing transition of the GCC in India from a low-cost center to a talent powerhouse, with many capability centers in the country today holding ownership over entire business units and product lines. The study provides insights into the future potential and positioning of the Indian GCC. It also traces the progress and expansion of software companies in India and the shift in roles and responsibilities that have characterized their evolution over time. The study brings detailed insight into the talent management strategies of global companies in India and the best practices that have allowed them to cement their roles as innovation centers at par with their international counterparts. This research study highlights the following points: Past, present, and future of GCCs in India Barriers to success and next steps Journeys of multi-national companies (MNCs) in India
More Information
No Index No
Podcast No
Author Hiten Kamleshkumar Shah
Industries Information Technology
WIP Number DA2C-01-00-00-00
Is Prebook No