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Outsourcingoperations to remote teams has become more than just a strategic choice—it’s a pivotal component of modern business practices. Outsourcing to remote teams is not just a response to the demands of a globalized market, but a proactive step towards operational efficiency, innovation, and growth.
Unbundling ‘core vs support,’ companies looked at offshore locations to cut costs and reduceoverheads. On the contrary, research suggests that outsourced projects take 4X the time to complete a project than normal. In hybrid sourcing, depending on the role and function, part can be insourced, and part can be outsourced.
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