The Full Story

IT-XtraMile

Secondary Determinants

Quality & Compliance

While Price point is always associated with Supply , Demand and Volume , its important to consider Quality & Compliance . This plays a significant role as influencers We at IT-XM bring value to all our customers by leveraging the GIG Economy while not compromising on the Quality & Compliance

Aligning Supply with Demand: Bridging the Gap

Demand

In the European market, there exists a segment of mid-sized companies that are under served. These companies face challenges in accessing the precise expertise they require at the right cost. Their access to offshore (India, Sri-lanka) resources is also limited.

Supply
Meanwhile, there is a pool of highly competent Gen-X professionals ready for immediate deployment. Additionally, small companies with specialized expertise are available for project-based work. The supply side is abundant and diverse.

The Missing Link
However, a critical missing piece in this equation is the absence of a well-established connection between the demand and supply. This disconnect impedes the seamless matching of competent professionals with companies in need, resulting in untapped potential and missed opportunities

There is no Established GIG Set-up for Gen – X market segment

Challenges :
We face the following challenges . job security, employment benefits, labor rights, Legal binding , Security and compliance , Personal Data Handling, Data Protection. The Middle Income Group are highly educated and skilled . Their key expectation is a steady flow of monthly income to address their housing loan and other living expenses. GIG set-up might provide them with temporary relief but not long term solution.

The Covid effect combined with Geo Political Situation:

Many Gen-X lost their jobs as part of the company restructuring and cost reduction. Also many over 50s took early retirement. They may return to work part time or full time due to high inflation.

The Missing Link
We need to find a way to provide a stable source of income and help them connect with the demand . The business model we create is critical. Furthermore the security and compliance has to be addressed

Leveraging the best of GIG Economy and Traditional Model to deliver value to end customer