Low Cost Outsourcing
Outsourcing is a process, such as manufacturing anything or product design, to a third-party company. Outsourcing often results lowering cost or making better use of time and energy costs.
Offshore software development outsourcing has led to dramatic industry growth around the world.
There are some few but most important factors that led big companies to outsource their software application development to offshore companies.
These factors are like better management at small cost, good quality products in very low cost etc.
Eastern countries like India etc are the good market places and number one choice due to cheaper human capital, very skilled professional, rich resources and low processes cost etc. Due to these factors India and some other Eastern countries are the first choice of big companies.
Around 40% of the Fortune 500 companies including Lucent, Microsoft, Oracle, and Motorola etc are leveraging the outsourcing model.
Companies are outsourced and hire consultants in order to maintain a flexible workforce.
If we will analyze overall strategy like failure and success we will find overall the offshore outsourcing effort is a successful idea.
The main Objective of Outsourcing is to maximize the ROI (Return on Investment)
There are some points that are very important while doing offshore software outsourcing.
You should remember while doing offshore software project outsourcing:
- Proper synchronization between onshore and offshore team.
- Better time management.
- Quality of the end product.
- Better growth opportunities. etc.
Eastern Software Systems A SEI CMM, Level 5, ISO 9001: 2000 Certified Company is a Low Cost Outsourcing Company, Offshore IT Outsourcing Company.
Source by Hem Singh