Outsourcing has long passed the fad or buzzword stage. It is now an IT trend which has grown, matured and lived up to its potential. It has become increasingly popular with companies that wish to cut costs while gaining access to world-class software & web engineers. The significant savings attached to an offshore outsourcing project have lured most of the Fortune 500 companies worldwide. On average companies report 40%
to 60% of their net savings is with the help of Offshore IT Outsourcing.Offshore development in India is targeted by half of all the fortune 500 companies today. India's advantage over other competing destinations in offshore IT Outsourcing business is a vast pool of educated human resource, world-class quality offerings and ever encouraging Government policies for the IT sectors. Key benefits of software outsourcing : Cost Efficiency Labor cost savings may reach 90% for routine low-level tasks as compared with in-house development in North America and Western Europe.Significant reduction of development time and thus, speed-to-market becomes invaluable advantage in a present-day competitive environment. Availability of trained IT staff Immediate access to a large pool of best industry talents allows overcoming hiring gap for IT professionals in the developed countries. Flexible manpower utilization By using outsourcing model company cuts down its housing, recruiting and training expenses.Proven development process and quality management system. Development risk minimization. |
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Outsourcing has long passed the fad or buzzword stage. It is now an IT trend which has grown, matured and lived up to its potential. It has become increasingly popular with companies that wish to cut costs while gaining access to world-class software & web engineers. The significant savings attached to an offshore outsourcing project have lured most of the Fortune 500 companies worldwide. On average companies report 40%
to 60% of their net savings is with the help of Offshore IT Outsourcing.