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Offshore Outsourcing Benefits

4/6/2015

1 Comment

 
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Being able to delegate is an integral component of being a good leader. Acknowledging the advantages of handing off projects and requirements to someone else who may be more qualified or skilled in that realm is the start to reaping the benefits of outsourcing. In today’s aggressive business world companies need to offer great products with competitive prices. Offshore outsourcing part of a business process reduces risk and cuts overhead cost, allowing companies to stay profitable and results in using resources both onshore and offshore in the most effective manner. 
Aside from the benefits that companies see individually, as a whole, offshoring is making a positive impact to the global economy by creating more jobs. Although there is the occasional frustration with having technical support offshore, the larger benefit is an increase in jobs, which was found by a Global Insight study sponsored by the Information Technology Association of America.

With today’s technology we are capable of having high-definition video conferences, screen shares, and file transfers instantly from almost anywhere in the world. Considering the globalization of IT it makes perfect sense to hire employees around the world. With huge incentives like lower international wages with the result of the same quality of work it’s a win-win for both parties when offshore workers are receiving competitive rates compared to the work they would get in their country.

The study by Global Insight finds that offshoring is not reducing the number of jobs in the U.S., which is the common misconception held on the topic of offshore outsourcing. In fact, it concludes that offshoring is actually creating jobs in result of a more efficient economy. In 2003 around 194,000 new jobs were created because of outsourcing IT jobs to offshore. Those 194,000 new jobs were both IT and non-IT jobs, meaning that the positive effects of outsourcing are felt outside of the IT field.

IT jobs are changing, and there are now highly qualified programmers all over the globe. This should be taken advantage of because offshore outsourcing IT jobs can directly benefit your company. Consider these strategic benefits:

  • By using resources already available offshore rather than in-house, your company doesn’t have to accrue expensive equipment and software costs.
  • The clear benefit is lower overhead costs.
  • You receive support by the software outsourcing company included with the software so you have somewhere to turn when trouble arises.
  • This allows for mitigation of risk because outsourcing companies give a guarantee of professional responsibility, meaning, when something goes wrong the problem won’t be blamed on your company.
  • By using an IT company that works internationally it’s a safe bet that they’ve experienced and solved all types of IT issues. If an issue ever comes up for you they have the experience and know-how to solve it immediately, with no learning curve.
1 Comment
Seth Alan link
11/29/2017 01:58:56 am

In the modern world of IT, the offshore outsourcing seems to be the important part of a business process to reduce the risk and decrease the overhead cost of different companies. In your blog, you have precisely described the real benefits attached with offshore outsourcing and helpful for the business owners to take necessary decisions in their business to outsource. Apart from this, offshoring also creates a positive impact on the global economy and create more job opportunities for the people.

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