Since last decade outsourcing software development projects is getting lots of attention and many companies in USA and Europe has opted this option. Outsource or not to outsource was always been a challenging question till early 2008.
But recent global recession has hit the international market, Outsourcing became more widely accepted business decision. Companies which always thought that outsourcing can be a risk and hassle to deal with started looking into offshore software development to cut down or reduce fixed cost without cutting down on their Information technology related requirements. In today's fact pace world, cutting down on your companies technology requirements may translate into loosing valuable business opportunities. In order to keep up with competing market demands, lot many companies have started to outsource by establishing strategic partnerships with offshore IT service providers.
We have to look outsourcing business growth in relevance to business growth in other industries since economic meltdown. While businesses in different sectors closed down or hardly survived, IT service providers sustained this global financial crunch because more businesses in USA and Europe started to take advantage of offshore software development to reduce their operating costs.
Few of the advantages of Outsourcing are:
* When you hire an offshore software development company as your IT service provider, you never have to worry about putting them on your payroll. Instead of having to hire an employee and add them to your monthly payroll, you can simply set your terms up front with your service provider.
* If you hire a new employee your company will have to offer him/her a wide range of benefits beside salary, which can cut into your profits over time. But when you outsource a project you will never have to worry about benefits because you are hiring a company which will deliver your software development requirements with no permanent string ties.
* In last two decades, countries in Asia like India, Pakistan, Philippines have developed tremendous amount of expertise in handle international projects and deliver them on International Quality standards. Thus quality may not be a risk factor in dealing with well established IT Company overseas.
"offshore software development"
- http://www.s3solutions.com.vn/eng/index.php/s3-menu-news/s3-news/industry-news/the-global-recession-and-its-impact-on-it-outsourcing.html (view on Google Sidewiki)
No comments:
Post a Comment