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The global IT outsourcing market is projected to reach $1.149 billion by 2032, according to Precedence Research, highlighting its growing importance. By partnering with offshore development teams, companies can significantly reduce labor costs without compromising quality. FAQs How many types of outsourcing are there?
But first, let’s start by defining what digital transformation (really) is and why many companies decide to extend their dev teams offshore to better execute long-term strategies and drive growth. To reach their digital transformation goals, some companies opt to go offshore and build elite teams abroad. billion by 2032.
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