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Outsourcing software development emerges as a compelling alternative to building an in-house team. By partnering with specialized development firms, companies can tap into a global talent pool, access cutting-edge technologies, and scale their development capabilities on demand. What is Outsourced Software Development?
Zinnov analyzed the R&D workforces of some leading Cybersecurity firms by mapping these firms across 2 axes – the % of engineering work being delivered in low-cost global locations (X Axis) and the % of insourcing – percentage of talent hired internally across the globe rather than outsourced to vendors (Y Axis )(Figure 1).
Regarding my point about there being problems prior to the pandemic, the Montreal port workers' dispute dates back to 2018 and the inability of the union to negotiate a new contract with management. The article then says that "smart companiesfocus on being proactive, creating business continuity plans and learning from past mistakes.”.
However, this attrition rate can vary from 10-30%, with a satisfactory 10% attrition rate in companies that are focused on developing product offerings or those that have a strong talent management strategy, and a steep 30% in companies focused on services and maintenance or those that lack a strong employee engagement and development strategy.
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