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Knowledge process outsourcing (KPO) describes the outsourcing of core information-related business activities which are competitively important or forms an integral part of a company's value chain. KPO requires advanced analytical and technical skills as well as a high degree of specialist expertise. Reasons behind KPO include an increase in specialized knowledge and expertise, additional value creation, the potential for cost reductions and a shortage of skilled labour. KPO is a continuation of Business Process Outsourcing, yet with rather more of business complexity as it involves expertise in the particular domain area.
KPO services are broadly classified into four kinds of services:
The scope of KPO business includes preparation of accounts, tax returns, computer aided simulation, engineering design and development, financial services, etc.
Efficacious India Limited has specialization in all kinds of research and information gathering in Financial services domain e.g. Equity Research, Business and Market Research, Data Entry and Management, Legal and Medical Services etc.