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On the other hand, outsourcing provides access to specialized skills, cost savings, and scalability, making it more suitable for short-term or specific expertise-driven projects. A comparison of these models offers insights into scenarios where each excels and highlights considerations around cost, flexibility, and team management.
According to a study by Deloitte, 59% of companies that outsource do so to reduce or control costs, while 57% use it to focus on core business functions. This is particularly beneficial for projects requiring niche skills or cutting-edge technologies that may not be available locally.
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