Great post Bodhi. Its not a new concept - to offshore work typically done locally at higher cost and profit off the difference between charge out rates and actual cost. So long as the offshore location is agile (to remain the lowest cost offering) this could work for the long haul. The other challenge will be the rate at which the training can be done (to a good standard) in order to capture significant market share and to maintain work standards when hopping to new lower cost labour providing countries.
Some other curly issues (and possibly opportunities) include the privacy laws for data in foreign countries - do the Australian laws apply in said location - can the data be sold to other parties for additional profit in that country? Network outage contingency - what happens when an undersea cable is cut or a disaster such as typhoon or flood occurs in India, Bangladesh upper Swaziland etc and available bandwidth and local infrastructure is impaired/destroyed? Business continuity planning is important - ask Telstra. Its the kind of things accountants usually forget about because they cost money to address.
- Forums
- ASX - By Stock
- IAM SRTing a New Thread for New Beginnings
Great post Bodhi. Its not a new concept - to offshore work...
-
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRT (ASX) to my watchlist
|
|||||
Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.34M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 12777 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9452 | 0.185 |
1 | 150 | 0.180 |
1 | 17142 | 0.175 |
1 | 41176 | 0.170 |
3 | 82352 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 2694 | 1 |
0.200 | 18475 | 1 |
0.210 | 41477 | 1 |
0.230 | 32564 | 1 |
0.250 | 10000 | 1 |
Last trade - 10.23am 16/07/2024 (20 minute delay) ? |
Featured News
SRT (ASX) Chart |
Day chart unavailable
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online