Before delving on how to get your outsourcing right let us ponder on why you should outsource. Business process outsourcing is a tried and tested model that is a great strategy for succeeding, and has a host of benefits accruing to the offshore outsourcing company. It is simple logic which tells us that if someone else can do it a lot cheaper than us, they why not? The economic and cost benefits far outweigh whatever drawbacks you can encounter when you outsource to India or any other country.
As businesses tend to grow in various industries in the world, obviously there is a need for more software solutions. The subject of the recent software process is a wide, and accelerate complex one, not only a large variety of languages, tools, and target platforms there is also the choice between traditional waterfall style improvement and more modern patterns. It is a way that to be prosperous a software development company would need to specialize in a certain area.
Due to the exposure of favored e-books in the market, it is known that the world of books and publishing has undergone a huge shift. E-publishing- is the jargon used for digital format of books, journals, magazines and reports are stored in electronic or digital form. As many customers prefer online purchasing, the book retailers tend to transfigure now a days. This shift had created a greater impact on the traditional chain stores based on the profits and revenues. When considering the account of benefits like low inventory storage costs, low cost of production, low investments the industry had spotted enormous growth. Also the opportunity to reach out to larger audience across the globe in a cost effective manner adds as an advantage. Identically, digital books are now estimated at 8% to 10% from the revenue stand point for some major publishing and it is pursued to gain the market share.
Compiled by Ken Jourdan
Companies will soon see outsourcing as a game of dice – hedging their bets and spreading outsourcing deals across the world, a report by the London School of Economics (LSE) has predicted.
NY Times co-author professor Leslie Willcocks said today the global growth in IT and business process outsourcing (BPO) in various new countries across the globe will allow businesses to gamble on many different offshoring deals.