31 West

JUNE 9, 2018

There are 3 main types of outsourcing which are onshore, nearshore or offshore. Offshore outsourcing occurs when you outsource to a country far away – usually a whole different continent because it is significantly cheaper. A perfect example would be a company based in the US outsourcing jobs nearshore to Mexico or offshore to India.

Outsourcing 130

Outsourcing Content Writing Nearshoring Offshoring 130

Intugo

MARCH 19, 2025

Companies struggle to find the talent they need with the necessary skills, especially in high-demand fields like technology, healthcare, and finance. Similarly, the United States is facing a scarcity of professionals in engineering, customer support, and software development. The Talent Shortage in the U.S.

Nearshoring 40

Nearshoring Healthcare Finance Labor Costs 40

AS White Global

APRIL 25, 2022

In our previous blog , we discussed the benefits of offshoring to business owners that have fintech capabilities. Now, we take a look at the current challenges that businesses are facing with regard to fintech and how offshoring can provide future-proof solutions for continuous growth. Adapting to innovations can be daunting, at first.

Offshoring 52

Offshoring Cybersecurity Regulations Banking 52

Zinnov

NOVEMBER 9, 2021

To facilitate this growing demand, offshoring and outsourcing have become major business buzzwords. In this article, we will be comparing the basics of offshoring and outsourcing, finding their strengths, weaknesses, and discussing global destinations that provide exponential value. What is Offshoring? What is Offshoring?

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Offshoring Outsourcing Out-Tasking Co-Sourcing 52

The Scalers

DECEMBER 27, 2022

We’ve further expanded into the Asia-Pacific region by opening a new office in Sydney, Australia and our partnership network and the number of engineers has grown significantly. In terms of engineers for our Partners, this meant an increase from 190 in 2021 to 309 developers in 2022! Build an offshore development team.

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Offshoring Engineering Administrative Finance 103

The Scalers

AUGUST 28, 2024

Wise choice, given the abundance of specialised engineers you can find in prominent tech hubs like Bangalore, India. The nation excels in areas like AI and 5G, with its engineers leading the way. Poland is one of Europe’s booming engineering powerhouses. million engineers yearly from top universities. India generates 1.5

Software 74

Software Offshoring Nearshoring Engineering 74

Everest Group

MAY 10, 2022

STEM-focused education – The African Union (AU) has repeatedly reinforced its commitment to science, technology, engineering, and mathematics (STEM) education among member countries. South Africa (for non-voice Finance & Accounting) and Morocco (for voice-based services) offer cost savings of 40-60% over source geographies.

Service 130

Service Third Party Outsourcing Government Regulations 130

Groove Technology

DECEMBER 16, 2024

Agile software development is a method of software engineering that promotes adaptive planning, early delivery, and continuous improvement. By outsourcing offshore development, companies can reduce these costs, as they are paying only for the services rendered by the development team. What is Agile Software Development?

Software 100

Software Outsourcing Collaborations Flexibility 100

Future of Digital Sourcing Nearshoring

JUNE 8, 2021

There are many tax breaks offered to specific industries, public buildings can be leased at attractive rates, and there are varied wage incentives and access to financing through tax-free industrial bonds and direct loans. Businesses find that there are many economic incentives to set up shop in Puerto Rico.

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Nearshoring Manufacturing Offshoring Government 98

The Scalers

DECEMBER 15, 2021

We onboarded an enormous amount of engineers and other recruits remotely, and have the policies and methodologies in place to continue should restrictions rise again. Our largest partner, Preqin, continued to grow at a rapid pace, adding many new engineers over the last twelve months, bringing their Bangalore operation to 220 in total.

Nearshoring 95

Nearshoring Offshoring Engineering Marketing 95

NoonDalton

FEBRUARY 20, 2023

Offshoring and outsourcing are similar in that both use outside parties to carry out other business-related duties. Offshoring, however, entails hiring a business in another country to carry out the work for them. Use search engine optimization (SEO) strategies to promote your business online and to score well in web searches.

Outsourcing 98

Outsourcing Offshoring Sales Manufacturing 98

The Scalers

JANUARY 18, 2023

This shift is far-reaching, integrating emerging technologies across manufacturing, automotive, healthcare, retail, finance, logistics and other sectors. Build your offshore development centre. The need for increased cybersecurity stems from the following cybersecurity threats: social engineering. LEARN MORE. ransomware attacks.

Cybersecurity 93

Cybersecurity Robotics Process Automation Right-Sizing Retail 93

Zinnov

FEBRUARY 20, 2024

In 1985, Texas Instruments did something that no other organization had done before – they set up Global Capability Center (GCC) or an offshore center in India , sparking a trend. Many other big names like IBM, Accenture, and Microsoft started thinking, “Hey, maybe we should try offshoring, too.”

Offshoring 64

Offshoring Government Healthcare Engineering 64

Groove Technology

SEPTEMBER 26, 2024

For businesses in Australia, Europe, and the UK, Vietnam's offshore model offers several advantages: Time Zone Compatibility: Vietnam's time zone (GMT+7) allows for significant overlap with Australian business hours and partial overlap with European time zones, facilitating real-time communication.

Software 100

Software Outsourcing E-Commerce Right-Sizing 100

The Scalers

DECEMBER 20, 2023

We hired 240 engineers for our partners. Our team had the chance to meet tech leaders and show them our unique and high-value approach to building offshore software development teams. For instance, one of our UK-based partners in the finance industry onboarded their first engineers this year. Scaling never stops!

Offshoring 52

Offshoring Engineering Finance Software 52

The Scalers

DECEMBER 13, 2023

The number and quality of engineers working hard to deliver innovative solutions blew me away. I see the same thing happen every time one of our partners comes to meet their offshore team for the first time. This has created an immense talent pool of world-class engineering expertise nationwide.

Offshoring 52

Offshoring Engineering Manufacturing Cybersecurity 52

NoonDalton

DECEMBER 30, 2024

BPO providers often operate across different locations, offering three types of outsourcing models: Offshore Outsourcing : Services are provided from a country different from the clients location, often to take advantage of cost savings (e.g., outsourcing to the Philippines or India).

BPO 52

BPO Outsourcing Computer Aided Design Business Process Outsourcing 52

NoonDalton

FEBRUARY 5, 2024

Outsourcing, nearshoring, and offshoring are key strategies that businesses employ to effectively manage their workforce locations and capitalize on the advantages offered by different regions. Offshoring : Offshoring involves relocating business processes or functions to distant locations, often in different time zones or continents.

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Magellan Solutions

JULY 13, 2016

These startups are often founded by software engineers, digital marketers, and general problem solvers — no doubt, brilliant experts in their field. Offshore call centers, in particular, let you take advantage of the exchange rate, giving you more purchasing power.

Call Center 58

Call Center BPO Outsourcing Out-Tasking 58

The Scalers

OCTOBER 30, 2020

This, in turn, has made the concept of offshore development increasingly popular. For instance, by building an engineering team in an emerging tech hub like India, companies in the West can scale at speed and build innovative products and services without the sky-high operational costs of hiring local engineers.

Offshoring 52

Offshoring Analytics Engineering Out-Tasking 52

IBM Services

FEBRUARY 8, 2024

Electrical engineer James Blyth is credited with building the world’s first wind turbine in his backyard in Scotland in 1887, while fellow wind energy innovators Charles Brush and Poul la Cour followed up with turbines of their own in Ohio and Denmark, respectively, before the close of the 19th century. 2] Solar PV.

Engineering 77

Engineering Sourcing Manufacturing Government 77

Magellan Solutions

JUNE 5, 2021

Banking and Finance Services. One of the leading Knowledge Process Outsourcing jobs in the Philippines is in the finance and banking sector. Engineering Research and Development. However, companies that engage in KPO offshore also typically do so in order to reduce costs. Marketing Research and Analytics.

Legal Services 52

Legal Services Pharmaceuticals Call Center BPO 52

Zinnov

SEPTEMBER 18, 2024

This strategic move is set to bring key Finance processes like Source-to-Pay, Financial Planning and Analysis, Invoice-to-Cash, and Record-to-Report in-house to India. By doing so, Adidas aims to streamline its Supply Chain Management and Finance functions, complementing its operations in the US market.

Retail 52

Retail Supply Chain Management E-Commerce Inventory Management 52

IBM Services

APRIL 14, 2023

To meet their specific needs, the experts at 1Direction Global, comprised of certified accountants and engineers, turned to IBM Planning Analytics for Watson, a flexible and powerful planning and analysis tool. Delivery models include cloud and on-premises deployment, and onsite and offshore implementation. Ltd was no exception.

Co-Sourcing 69

Co-Sourcing Analytics Human Resources Sales 69

Zinnov

OCTOBER 12, 2023

Global Capability Centers (GCCs) or Captive Centers as they were once known as, are the offshore delivery centers of global companies, that are owned, operated, and managed as subsidiaries – often in a low-cost, talent-rich location. This choice will impact talent acquisition, operational efficiency, and overall success.

Offshoring 59

Offshoring Government Collaborations Regulations 59

Zinnov

OCTOBER 22, 2021

With the rapid technological advancements, lack of enough qualified resources, and high cost of resources, enterprises of all sizes flocked to whatever nearshore or offshore development centers they could find to fulfill their IT needs. One of the best ways is the BOT model. Build Operate Transfer Model for an Automation COE.

Automation 52

Automation Offshoring Outsourcing Government 52

Zinnov

OCTOBER 26, 2023

GCCs, which were previously known as Global In-house Centers (GICs) or Global Captive Centers, are a strategic initiative where companies set up dedicated units in a different location, often offshore from the headquarters location, to handle specific business functions.

Global Business Services 52

Global Business Services Flexibility Finance Regulations 52

Magellan Solutions

JULY 14, 2021

When we talk about customer support outsourcing , most businesses will immediately think of big industries such as Information Technology and Finance. Challenges such as school closures owing to the COVID-19 issue to lower government financing to higher operational costs affects their stability. Finance and Accounting.

Customer Service 52

Customer Service Outsourcing Call Center Service 52

Zinnov

OCTOBER 20, 2023

While Shared Services and third-party ISVs were transforming the global services landscape, they also set the stage for a new player: offshore centers established directly by the organizations. Each office independently manages HR, finance, and IT functions, resulting in duplicated efforts and inefficiencies.

Shared Services 52

Shared Services Global Business Services Service E-Commerce 52

Magellan Solutions

APRIL 24, 2020

Specializing in search engine and other internet-related services, the company outsources several functions such as software maintenance and development and IT infrastructure management. offshored its payment technology development. Mastercard. Mastercard is a multinational payments and technology company headquartered in New York.

Outsourcing 52

Outsourcing E-Commerce Banking Out-Tasking 52

Magellan Solutions

MARCH 19, 2024

Effective HR practices can attract and keep top talent, while solid accounting and finance processes ensure accurate financial reporting and compliance. Accounting and Finance The money masters of any company? That’s the accounting and finance crew.

Out-Tasking 52

Out-Tasking Human Resources Data Entry Administrative 52

Planergy Software

AUGUST 16, 2022

Consider Implementing Cost Reduction Teams These teams are typically composed of individuals from different areas of the organization, such as purchasing, engineering, and quality assurance. Learn best practices for purchasing, finance, and more. Better Business Alignment Working together improves overall business alignment.

Management 52

Management Supply Chain Management Reduced Costs Finance 52

MicroAgility

JULY 15, 2022

Blockchain consultants can also provide legal advice on how corporations can manage their identities and finances while using blockchain technology. Software Engineers and Solution Architects. Blockchain Developers/Quality Engineers. Another crucial component of the job is supplying risk factors and risk management.

Right-Sizing 52

Right-Sizing Research Design Service 52

Magellan Solutions

JULY 5, 2021

After all, low pricing is the main reason why business owners choose to outsource their function to an offshore BPO company. Finance services. Offshore Intelligence Global. Offshore Intelligence Global is a Philippines-based outsourcing company specializing in various BPO functions like call center and admin works.

Call Center 40

Call Center BPO Outsourcing Customer Service 40

Magellan Solutions

JULY 19, 2021

The finance industry leverage outsource data entry by gathering, analyzing, and extracting complex data into palatable reports. . Search Engine Optimization. There are a lot of data entry outsourcing companies , inshore and offshore. This is where customers can pick their orders made online. Customer engagement. Responsiveness.

Data Entry 52

Data Entry Outsourcing Analytics Retail 52

IBM Services

DECEMBER 21, 2023

Boston Consulting Group estimates reshoring will add 10-30% in costs versus offshoring. However, many semiconductor manufacturing roles are declining due to automation while engineering roles are rising. By involving their finance teams, manufacturing front-runners link cloud manufacturing initiatives to quantifiable value.

Manufacturing 84

Manufacturing Automation Out-Tasking Jobbing 84

The Scalers

FEBRUARY 18, 2025

Its hard to know whether going offshore is the right move for your business without seeing real-life examples firsthand. In this article, we break down the pros and cons of offshoring, drawing from our experience building 100+ tech teams over the past decade, and share stories of organisations that have made it work.

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Offshoring Engineering Right-Sizing Outsourcing 52