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Costs One of the primary drivers for outsourcing is cost savings. A study by Accelerance found that companies can save up to 40-70% on development costs by outsourcing to countries with lower laborcosts. However, nearshore outsourcing typically incurs higher costs compared to offshore outsourcing.
Captive Cent ers are offshore units established by multinational corporations to perform a range of strategic functions. These centers leverage specialized talent, cost arbitrage, and operational efficiencies in various locations worldwide. Companies risk falling behind without bringing in diverse perspectives.
A third-party provider’s cost structure and economy of scale can provide leverage to drive more success for your company. Reduce laborcosts. And sometimes, temporary employees don’t always live up to your company’s expectations. Again, do due diligence.
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