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Recent studies highlight the growing trend of outsourcing in the tech industry. According to a 2022 survey by Commit, outsourcing for startup software development is expected to increase by 70% between 2022 and 2023.
With hundreds of companies offering software development services globally, how can CTOs, CIOs, and other decision-makers ensure they select a reliable partner who understands their business needs and delivers high-quality results on time and within budget?
The average cost reduction through outsourcing can vary significantly based on project complexity, outsourcing location, and engagement model. Deloitte's GlobalOutsourcing Survey found that companies save between 20% to 30% through outsourcing IT functions.
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