article thumbnail

Understanding the Different Types of Outsourcing for Custom Software Development

Groove Technology

A report by Research and Markets predicts that the global professional services market will reach $8.5 trillion by 2025.

Software 130
article thumbnail

Major US Companies that Used Outsourcing to Recession-Proof Themselves

NoonDalton

Most Common Types of Outsourcing to Help You Recession-Proof Your Business Professional Outsourcing Professional outsourcing, sometimes known as “body shopping,” is the process of hiring specific experts or professionals to handle a variety of jobs without the intention of contracting out a full function.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unpacking eCommerce Customer Service Outsourcing

NoonDalton

Reduced Overhead Expenses: Outsourcing eliminates the need for additional office space, equipment, and utilities that are required to house an in-house team. By reducing these fixed costs, businesses can allocate resources more effectively towards growth and innovation initiatives.

article thumbnail

Essential Checklist When You Outsource the First Time

Magellan Solutions

Arizona State University defines “ outsourcing ” as the practice to hire a third party to complete work services. There are technically 4 types of outsourcing : Professional Outsourcing – It’s any kind of specialized work like outsourced due diligence, content moderation , law, accounting, customer service and more.