Software Outsourcing has long passed
the fad or buzzword stage. It is now an IT trend
which has grown, matured and lived up to its
potential. It has become increasingly popular
with companies that wish to cut costs while
gaining access to world-class software engineers.
The significant savings attached to an offshore
outsourcing project have lured most of the Fortune
500 companies worldwide. On average companies
report 40% to 60% in net savings with the help
of Offshore IT Outsourcing.
Offshore software development in India is targeted by
half of all the fortune 500 companies today. India's
advantage over other competing destinations in offshore
IT Outsourcing business is a vast pool of educated human
resource, world-class quality offerings and ever encouraging
Government policies for the IT sectors.
Key benefits of software outsourcing:
Cost Efficiency: Labour cost
savings may reach 60% for routine low-level tasks
as compared with in-house development in North America
and Western Europe.
Significant reduction of development time and, thus,
speed-to-market becomes invaluable advantage in
a present-day competitive environment.
Availability of trained IT staff:
Immediate access to a large pool of best industry
talents allows overcoming hiring gap for IT professionals
in the developed countries.
Flexible manpower utilization:
By using outsourcing model company cuts down its
housing, recruiting and training expenses.
Proven development process and quality management
system.
