Because you don't have the time to do it yourself.
You've got a product to develop and you've got to
get it into the market before your competitor does.
Because you don't have the money to do it yourself.
Your business is growing exponentially but your
resources can't cope with the growth.
Because you'd rather focus on mission-critical
issues.
You're not interested in frittering away time and
energy on non-core functions.
Because you don't have the skills to do it
yourself.
You need specific talents or skills, but they are
scarce/out of reach/ just not readily available in your area.
In
today's globalized and networked economy, outsourcing has never been so
easy or made so much business sense. The question is not "Why
outsource?" but rather, "Why not?"
The convergent economy
Converging technologies of
telecommunication, information technology and media have redefined the
way we do business, with electronic commerce and enterprise systems
becoming a way of life. Correspondingly, there has been a sharp increase
in the need for qualified software professionals to manage these
functions and support this infrastructure. Demand exceeds supply, and
the dearth of human resources has resulted in increased personnel costs,
longer time to market and longer product development cycles.
Chances are, you won't find these highly skilled people in your own
backyard. Yet you need them more than ever, now that competition is
swooping down faster than business opportunities are taking off. And you
realize that without them, your big dreams for a flourishing enterprise
could rapidly go up in smoke.
But you don't have to manage all business functions in-house.
Outsourcing provides a neat solution to several of your business
problems.
25 reasons why outsourcing makes business sense
When you consider the advantages of outsourcing,
you'll realize there's a lot to gain by using it as an intrinsic part of
your business strategy.
By outsourcing, you can:
-
Reduce overheads, free up resources
-
Avoid capital expenditure
-
Improve efficiency
-
Offload non-core functions
-
Get access to specialized skills
-
Save on manpower and training costs
-
Reduce operating costs
-
Improve speed and service
-
Establish long-term, strategic relationships
with world-class service providers to gain a competitive edge
-
Enhance tactical and strategic advantages
-
Focus on strategic thinking, process
reengineering and managing trading partner relationships
-
Spread your risks
-
Provide the best quality services, products and
people
-
Be reliable and innovative
-
Provide value-added services
-
Increase customer satisfaction
-
Avoid the cost of chasing technology
-
Leverage the provider's extensive investments in
technology, methodologies and people
-
Benefit from the provider's expertise in solving
problems for a variety of clients with similar requirements.
-
Focus scarce resources on time-critical projects
such as application reengineering
-
Obtain needed project management and
implementation consulting expertise, along with access to best
practices and proven methodologies
-
Reduce the risk of technological obsolescence
and increase efficiency by consolidating and centralizing functions
-
Keep pace and minimize the impact of rapid
changes in applications and standards
-
Extend the reach to more trading partners
quickly and efficiently
-
Reduce the overall IT management burden while
retaining control of strategic decision making.
Highlights:
-
Global giants such as IBM, Microsoft, Novell, Oracle, AT&T, Fujitsu,
Motorola, Digital, Hewlett-Packard Philips, General Electric, IBM,
Reebok, Fujitsu, British Aerospace, General Motors and Sears are
keeping ahead of their rivals thanks to the competitive advantage
conferred on them by some of the best software companies in India. You
too can benefit immensely from a successful outsourcing strategy.
-
Several convergent forces like an exponential increase of technology
in the workplace, electronic commerce, enterprise systems and a sharp
increase in internet related new entities are resulting in an
increased demand for software professionals. The need is further
compounded by the lack of trained programmers in the developed
countries, especially United States, Western Europe and Japan.
-
Demand exceeds supply, which has led to increased labor costs, longer
product development and even longer time to market. A recent Wall
Street Journal article related a greater willingness on the part of
CIOs to outsource software work that is not mission critical.
-
Reduce your marketing and software delivery costs
-
Gain access to global buyer base needing software development
-
Manage your projects online with buyer participation
-
Neutral marketplace with global choices
-
Economies of 24 hour X 7 days a week low-cost software development
with access to global consulting firms. For instance, Advanced
communication technology has allowed global software teams to become
commonplace. Some software companies are organizing global software
teams to employ the best talent in the world.
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