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By outsourcing offshore development, companies can reduce these costs, as they are paying only for the services rendered by the development team. Lower LaborCosts: Outsourcing to regions with lower laborcosts (e.g., Compliance with Industry Standards: For certain industries (e.g.,
Low laborcosts Faster turnaround times Focus on core activities For example, during the holiday season, business peaks; therefore, companies in the retail industry outsource their customer service during then. The functions they outsource include customer support, payroll processing, data entry, telemarketing, and IT services.
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