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Advantages and Disadvantages of Outsourcing Software Development: Essential Insights

Groove Technology

The global IT outsourcing market is projected to reach $1.149 billion by 2032, according to Precedence Research, highlighting its growing importance. Non-tech companies requiring software solutions: Businesses in industries like healthcare, finance, or manufacturing need custom software but need more core development competencies.

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The software-defined vehicle: The architecture behind the next evolution of the automotive industry

IBM Services

between 2023 and 2032. This growth is driven by increasing demand for advanced features in vehicles, stringent vehicle safety regulations, increased investments in research and development, and enhanced navigation and connectivity. Based on insights from this data, new software is delivered to vehicles via over-the-air updates.