Centers of Excellence are dedicated departments or teams that develop expertise in a specific area. They are adaptable entities formed within the organization and used to address evolving challenges, technological advancements, and changing market dynamics.

On the other hand, Global Capability Centers are offshore establishments where multinational corporations leverage resources, skilled talent pools, and low-cost infrastructure for IT support, data analysis, finance, and more. While CoEs are teams that focus on a specific area of expertise, GCCs perform a more comprehensive range of tasks and operations.