Crowdsourcing VS Outsourcing

CROWDSOURCING VS OUTSOURCING Changing the way work gets done CROWDSOURCING OUTSOURCING Global Not limited by an office location - workers can be Single Locatio Center Based around center locations, typically offshore and limited to the local talent pool anywhere in the world 24/7 Set Work Hours Crowd workers can work from anywhere. They are not tied to office hours and Workers execute from the facility in shifts to meet customer requirements can create their own work schedule Flexible Workforce Rigid Workforce On-demand access to specialize resources, in any geography an multiple languages Clients commit to fixed staffing models that require lead time for ramp up and down activites Headcount Pricing Usually based on headcount and hourly rates making it difficult for clients to predict thoughput Output Based Pricing Clients pay for returned work meeting quality standards allowing transparency, predictability and accountability for business results. No Overhead Cost Fixed Costs Facility, bench and other fixed costs add to the No facility or fixed cost associated with the model price of the outsourcing model 1 Enterprise Crowdsourcing is a new innovative work model that is changing the way work gets done in a way that is impossible to achive in an outsourcing model. Áccess to an elastic workforce, that has the ability to ramp up and down based on work fluctuation or seasonality, is critical for any business, regardless in industry, Tapping into a locally relevant, globally based workforce that can execute smarter, faster and cheaper will open up new doors for businesses trying to compete at a global scale. Finally, organization are weighing the cost-saving and the ability to pay-per-task with less ramp-up time and finding it is critical to driving the bottom line.