Complete Guide on Outsourcing Software Development to India!

Page 1

Complete Guide on Outsourcing Software Development to India!

Outsourcing, the practice of hiring a third-party vendor for executing service operations entirely or partially, is the most preferred practice of businesses operating in countries like the US, UK, AND Australia. And it has been observed that India is the most preferred outsourcing destination. Check out these interesting stats researched by the online portal, capitalcounselor.com:

• • •

Approximately three lakhs of jobs are outsourced by the US every year. India is the leading location for outsourcing IT jobs Outsourcing in India is expected to grow at a CAGR of 7.25 and the market value is predicted to reach $ 121,335,149.20.

The advantages of outsourcing to offshore locations include the flexibility to choose from a global talent pool of experts, faster time-to-market lower investment costs, reduced workload on in-house employees, better growth opportunities, and improved customer services. Nevertheless, outsourcing does come with its share of challenges as well. Client companies often have to spare loads of time and effort in picking the most suitable vendor, there are chances of communication barriers due to time zone differences, and the client may face security threats or threats to their IP if an NDA is not signed. This post throws light on how the Indian outsourcing vendors successfully sail through all the aforesaid challenges and deliver profitable services to their happy clients. Let’s explore the kind of services that are outsourced to India and the top reasons why most Fortune 500 companies, as well as small-sized-businesses outsource services to India. What kind of Services are usually Outsourced to India and why? IT (Information Technology) These days, businesses are becoming more dependent on internal IT services like the development of software, website, mobile app, or web app and technical support irrespective of their industry vertical. Nevertheless, engaging in-house teams for IT support is always not feasible, particularly for non-IT firms. Such services need specialized equipment, a specific skillset, and a conducive infrastructure. And, for establishing an IT infrastructure and training the in-house employees with specialized skills; involve time, efforts, and humongous costs.

Copyright © Biz4Solutions LLC. All Rights Reserved Biz4SolutionsLogoanddesignsaretrademarksofBiz4SolutionsLLC.Alltrademarksandlogos referencedhereinarethepropertiesoftheirrespectiveowners.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.