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A US-based Digital Customer Engagement company, serving over 12,000 global brands and retailers, recognized the need to expand its capabilities through a Global Capability Center to leverage the global talent pool for product development while optimizing R&D talentcosts.
Cost Efficiency Outsourcing reduces overhead costs associated with hiring, training, and maintaining an in-house team. Businesses can leverage cost-effective solutions, particularly in offshore locations such as the Philippines, where laborcosts are lower without compromising quality.
Disadvantages of Nearshore Outsourcing: Higher Cost Than Offshore: Nearshore development is usually more affordable than onshore but doesn’t offer the same level of cost reduction as offshore outsourcing. If cost savings are the top priority, offshore outsourcing typically provides the most economical solution.
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