What is Outsourcing?

IT outsourcing is the use of external service providers to effectively deliver IT-enabled business processes, application services and infrastructure solutions for business outcomes that in the past would have been carried out in-house.

What’s the difference between outsourcing and nearshoring?

Nearshoring is Outsourcing. Whereas outsourcing refers to the generalized term for using an external provider to deliver a service, nearshoring refers to proximity of the external provider to the client.

What are the benefits of outsourcing?

A company may choose to outsource a particular service for a multitude of reasons: reduce costs, free up critical resources, ability to focus on core business, increase service level, increase access to intellectual capacity, management of business environment, broader transformational change, rapid development

What are the drivers for outsourcing?

Operational spending has always been a key issue that dramatically fluctuates overhead costs and overall net revenue. Companies are now looking for either short or long term solutions to help reduce these costs, and are turning more and more these days to outsourcing key services. Whether offshoring or nearshoring, outsourcing enables a company to free up critical resources, reduced operational costs and focus on core business, which overall all help to increase service levels.