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We have been laser-focused on our purpose of being a seamless extension of our client’s business and providing high-touch service, especially for first-time outsourcers. Outsourcing is Strategic While some firms look at staffing and adding “bodies”, I’ve found that our clients take a different view on outsourcing.
However, as people became acclimated to the situation and accepted new technical solutions, outsourcing capabilities and economic opportunities, they found new avenues to explore. A global IT outsourcing market analysis predicts that the industry would increase by 98 billion USD by 2024, with a compound annual growth rate (CAGR) of 5%.
Businesses today rely heavily on technology to make their offerings as customer centric as possible, and it’s primarily driven by software. Although a handful of countries have emerged as top-tier hubs in the software development industry, India emphasises English education and continual training in advanced fields like engineering.
Due to the numerous advantages outsourcing has to offer, including reduced costs and access to a larger talent pool, an increasing number of companies are outsourcing their software development needs to outsourcing companies. But as perfect as outsourcing sounds, it still poses risks and that is inevitable. .
Universities can educate and train, but successful startups come from many sources. It also makes the software that connects these drives to the cloud. Houzz’s future founder and co-founder, Adi Tatarko and Alon Cohen wanted to renovate their home. This software company is well known for its business software.
Here are my thoughts on what to consider as you source IT talent and how to drive the “true India costs” that so many US firms are looking to take advantage of now. Outsourcing and innovation. SMC2 also shared more about their innovative approach to outsourcing and cost-savings strategies at the SIG Global Executive Summit.
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