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The Reason Behind the Boom in Software Development Outsourcing The software development outsourcing market is booming due to several critical factors: CTO Perspective CTOs play a crucial role in the decision to outsource software development. Besides, the innovation trends in Software Development have also become strong in 2024.
Access to finance becomes tougher as lenders tighten their criteria, leaving businesses struggling to cover operationalcosts and invest in growth opportunities. Real-World Examples of Adaptive Outsourcing: E-commerce Platforms: During the economic crisis, an e-commerce company might experience volatile demand.
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