Today, offshore outsourcing has become a viable option for organizations to retain and gain competitive edge in the global marketplace. Offshore outsourcing was a concept that was started back in the year 1990, and now it has become a trend as it combine the power of information technology from far away locations to bring in economies of scale and cost competitive operations for implementing and supporting a client's mission-critical projects.
The words 'onsite', 'offsite', and 'offshore' only refer to the physical locations. Thanks to the advance technology, satellite dedicated links, video-conferencing, online chats, e-mails, and telephones, a dual-shore delivery system works as a single virtual unit, regardless of where people are actually located. Outsourcing is the new buzzword that is rocking the global economic atmosphere. Offshore outsourcing has changed totally the way business is conducted. Every businessman today, welcomes any information on outsourcing. More and more organizations are using various resources of outsourcing to gain business advantage.
Outsourcing is a business activity through which business firms try to condense or purge its non-core areas of functioning. Every business firm irrespective of its size has to undertake various business activities or processes in order to achieve its targeted objectives. Each business activity consumes certain resources of business. A business process that consumes more resources will reduce the overall profitability. A firm will detect such high consumption activities by comparing their output with its resources consumed. In order to reduce the resource consumption, business organization stops performing the activity that does not produce satisfactory output when compared to its resource consumption. The organization instead contracts with another entity that is better at performing that particular activity and would carry forward the same on behalf of the business organization.
This arrangement would lead to lesser resource consumption and increase the competitiveness of the business organization. This arrangement is nothing but ‘Outsourcing’. Popularly, organizations that outsource their processes are termed as, client or buyer or outsourcer. And those firms that provide outsourced activities are know as service providers or vendors or supplier.
Offshore outsourcing literally means outsourcing your activity to one who is not on your shore or who is beyond your shore. Offshore outsourcing is a concept in which the buyer of the service is located in some other country then the provider of the service.
We, Technolik hub on the high quality, timely delivered and cost-effective offshore software development services. With our experience over the years as offshore software development, project management capabilities and standards ensures you to give your company an edge. For our main aim is to give you quality that worth’s your money.