The Power of GCCs: Building a Strategic IT Workforce in the Global Marketplace
Global Capability Centers (GCCs) have become integral components of the global business landscape, especially in the Information Technology (IT) sector. In this blog post, I will explore the intricacies of GCCs, Benefits, the challenges in setting up, the strategic factors in developing a GCC, and ultimately, why India is a identified as the premier destination. A Global Capability Center, often known as a Global In-house Center (GIC), is an offshore subsidiary or service delivery entity that leverages local talent to provide specialized services to its parent organization. In the IT sector, GCCs play a pivotal role in handling various functions, including software development, IT support, research and development, and business process outsourcing. Benefits of Investing in Global Capability Centers (GCC) Cost Efficiency: One of the primary advantages of setting up a GCC is cost savings. By offshoring IT functions to countries with lower operational costs, organizations can ach...