Role Of Outsourcing in IT Industry

ROLE OF Outsourcing In Tindustry MAJOR BENEFITS OF OUTSOURCING IN IT INDUSTRY Controlled Capital Costs Outsourcing releases capital for investment elsewhere in your business, and allows you to avoid large expenditures in the early stages of your business. Reduced Overhead Costs Overhead costs of performing a particular back-office function are extremely high. Consider outsourcing those functions which can be moved easily. Reduced Labor Costs Outsourcing helps you avoid the high cost of hiring and training staff for short-term or peripheral projects. Skilled Expertise Outsourcing provides access to skilled resources which ensures high quality deliverable since the job is done by them who do it best. Focus On Core Competencies Outsourcing frees companies from having to manage non-core functions, and puts the focus back on their core competencies. Increased Productivity & Efficiency An outside provider's cost structure and economy of scale can increase productivity and efficiency for your firm and give it an important competitive advantage. Operational Control Departments that may have evolved over time into uncontrolled and poorly managed areas may benefit immensely from outsourcing. Staffing Flexibility Outsourcing will allow operations that have seasonal or cyclical demands to bring in additional resources when you need them and release them when you're done. Distribution Of Risk companies also distribute or do away with the risks associated with running When certain functions are outsourced, that particular function. Ability To Start New Projects Quickly A good outsourcing firm has the resources to start a project right away. Handling the same project in-house might involve taking weeks or months to hire the right people, train them, and provide the support they need. Access To Level Playing Field Most small firms simply can't afford to match the in-house support services that larger companies maintain. Outsourcing can help small firms act "big" by giving them access to the same economies of scale, efficiency, and expertise that large companies enjoy. If you need Mobile Apps Development Services you may contact Indus Net Technologies • www.indusnet.co.uk/mobile/ MAJOR REASONS FOR GLOBAL OUTSOURCING Cost Savings 36.00 % Need for special skills/services 14.70 % Free up internal resources for other sources 13.80 % Lack of in-house expertise 12.50 % Improve company focus 8.70 % Difficulty hiring & retaining IT employees 5.60 % Quality improvement 2.20 % Share Risks 1.30 % Other 4.50 % MAJOR DOMAINS OF OUTSOURCING IN IT INDUSTRY Application development Desktop support Application maintenance Web/E-commerce systems Disaster recovery services Help desk services IT security Network operations Application hosting Data center operations Database administration Sources: smallbusiness.dnb.com ux1.eiu.edu computereconomics.com Designed by: www.InfoGraphicDesignTeam.com APRIL 2012 ROLE OF Outsourcing In Tindustry MAJOR BENEFITS OF OUTSOURCING IN IT INDUSTRY Controlled Capital Costs Outsourcing releases capital for investment elsewhere in your business, and allows you to avoid large expenditures in the early stages of your business. Reduced Overhead Costs Overhead costs of performing a particular back-office function are extremely high. Consider outsourcing those functions which can be moved easily. Reduced Labor Costs Outsourcing helps you avoid the high cost of hiring and training staff for short-term or peripheral projects. Skilled Expertise Outsourcing provides access to skilled resources which ensures high quality deliverable since the job is done by them who do it best. Focus On Core Competencies Outsourcing frees companies from having to manage non-core functions, and puts the focus back on their core competencies. Increased Productivity & Efficiency An outside provider's cost structure and economy of scale can increase productivity and efficiency for your firm and give it an important competitive advantage. Operational Control Departments that may have evolved over time into uncontrolled and poorly managed areas may benefit immensely from outsourcing. Staffing Flexibility Outsourcing will allow operations that have seasonal or cyclical demands to bring in additional resources when you need them and release them when you're done. Distribution Of Risk companies also distribute or do away with the risks associated with running When certain functions are outsourced, that particular function. Ability To Start New Projects Quickly A good outsourcing firm has the resources to start a project right away. Handling the same project in-house might involve taking weeks or months to hire the right people, train them, and provide the support they need. Access To Level Playing Field Most small firms simply can't afford to match the in-house support services that larger companies maintain. Outsourcing can help small firms act "big" by giving them access to the same economies of scale, efficiency, and expertise that large companies enjoy. If you need Mobile Apps Development Services you may contact Indus Net Technologies • www.indusnet.co.uk/mobile/ MAJOR REASONS FOR GLOBAL OUTSOURCING Cost Savings 36.00 % Need for special skills/services 14.70 % Free up internal resources for other sources 13.80 % Lack of in-house expertise 12.50 % Improve company focus 8.70 % Difficulty hiring & retaining IT employees 5.60 % Quality improvement 2.20 % Share Risks 1.30 % Other 4.50 % MAJOR DOMAINS OF OUTSOURCING IN IT INDUSTRY Application development Desktop support Application maintenance Web/E-commerce systems Disaster recovery services Help desk services IT security Network operations Application hosting Data center operations Database administration Sources: smallbusiness.dnb.com ux1.eiu.edu computereconomics.com Designed by: www.InfoGraphicDesignTeam.com APRIL 2012 ROLE OF Outsourcing In Tindustry MAJOR BENEFITS OF OUTSOURCING IN IT INDUSTRY Controlled Capital Costs Outsourcing releases capital for investment elsewhere in your business, and allows you to avoid large expenditures in the early stages of your business. Reduced Overhead Costs Overhead costs of performing a particular back-office function are extremely high. Consider outsourcing those functions which can be moved easily. Reduced Labor Costs Outsourcing helps you avoid the high cost of hiring and training staff for short-term or peripheral projects. Skilled Expertise Outsourcing provides access to skilled resources which ensures high quality deliverable since the job is done by them who do it best. Focus On Core Competencies Outsourcing frees companies from having to manage non-core functions, and puts the focus back on their core competencies. Increased Productivity & Efficiency An outside provider's cost structure and economy of scale can increase productivity and efficiency for your firm and give it an important competitive advantage. Operational Control Departments that may have evolved over time into uncontrolled and poorly managed areas may benefit immensely from outsourcing. Staffing Flexibility Outsourcing will allow operations that have seasonal or cyclical demands to bring in additional resources when you need them and release them when you're done. Distribution Of Risk companies also distribute or do away with the risks associated with running When certain functions are outsourced, that particular function. Ability To Start New Projects Quickly A good outsourcing firm has the resources to start a project right away. Handling the same project in-house might involve taking weeks or months to hire the right people, train them, and provide the support they need. Access To Level Playing Field Most small firms simply can't afford to match the in-house support services that larger companies maintain. Outsourcing can help small firms act "big" by giving them access to the same economies of scale, efficiency, and expertise that large companies enjoy. If you need Mobile Apps Development Services you may contact Indus Net Technologies • www.indusnet.co.uk/mobile/ MAJOR REASONS FOR GLOBAL OUTSOURCING Cost Savings 36.00 % Need for special skills/services 14.70 % Free up internal resources for other sources 13.80 % Lack of in-house expertise 12.50 % Improve company focus 8.70 % Difficulty hiring & retaining IT employees 5.60 % Quality improvement 2.20 % Share Risks 1.30 % Other 4.50 % MAJOR DOMAINS OF OUTSOURCING IN IT INDUSTRY Application development Desktop support Application maintenance Web/E-commerce systems Disaster recovery services Help desk services IT security Network operations Application hosting Data center operations Database administration Sources: smallbusiness.dnb.com ux1.eiu.edu computereconomics.com Designed by: www.InfoGraphicDesignTeam.com APRIL 2012 ROLE OF Outsourcing In Tindustry MAJOR BENEFITS OF OUTSOURCING IN IT INDUSTRY Controlled Capital Costs Outsourcing releases capital for investment elsewhere in your business, and allows you to avoid large expenditures in the early stages of your business. Reduced Overhead Costs Overhead costs of performing a particular back-office function are extremely high. Consider outsourcing those functions which can be moved easily. Reduced Labor Costs Outsourcing helps you avoid the high cost of hiring and training staff for short-term or peripheral projects. Skilled Expertise Outsourcing provides access to skilled resources which ensures high quality deliverable since the job is done by them who do it best. Focus On Core Competencies Outsourcing frees companies from having to manage non-core functions, and puts the focus back on their core competencies. Increased Productivity & Efficiency An outside provider's cost structure and economy of scale can increase productivity and efficiency for your firm and give it an important competitive advantage. Operational Control Departments that may have evolved over time into uncontrolled and poorly managed areas may benefit immensely from outsourcing. Staffing Flexibility Outsourcing will allow operations that have seasonal or cyclical demands to bring in additional resources when you need them and release them when you're done. Distribution Of Risk companies also distribute or do away with the risks associated with running When certain functions are outsourced, that particular function. Ability To Start New Projects Quickly A good outsourcing firm has the resources to start a project right away. Handling the same project in-house might involve taking weeks or months to hire the right people, train them, and provide the support they need. Access To Level Playing Field Most small firms simply can't afford to match the in-house support services that larger companies maintain. Outsourcing can help small firms act "big" by giving them access to the same economies of scale, efficiency, and expertise that large companies enjoy. If you need Mobile Apps Development Services you may contact Indus Net Technologies • www.indusnet.co.uk/mobile/ MAJOR REASONS FOR GLOBAL OUTSOURCING Cost Savings 36.00 % Need for special skills/services 14.70 % Free up internal resources for other sources 13.80 % Lack of in-house expertise 12.50 % Improve company focus 8.70 % Difficulty hiring & retaining IT employees 5.60 % Quality improvement 2.20 % Share Risks 1.30 % Other 4.50 % MAJOR DOMAINS OF OUTSOURCING IN IT INDUSTRY Application development Desktop support Application maintenance Web/E-commerce systems Disaster recovery services Help desk services IT security Network operations Application hosting Data center operations Database administration Sources: smallbusiness.dnb.com ux1.eiu.edu computereconomics.com Designed by: www.InfoGraphicDesignTeam.com APRIL 2012 ROLE OF Outsourcing In Tindustry MAJOR BENEFITS OF OUTSOURCING IN IT INDUSTRY Controlled Capital Costs Outsourcing releases capital for investment elsewhere in your business, and allows you to avoid large expenditures in the early stages of your business. Reduced Overhead Costs Overhead costs of performing a particular back-office function are extremely high. Consider outsourcing those functions which can be moved easily. Reduced Labor Costs Outsourcing helps you avoid the high cost of hiring and training staff for short-term or peripheral projects. Skilled Expertise Outsourcing provides access to skilled resources which ensures high quality deliverable since the job is done by them who do it best. Focus On Core Competencies Outsourcing frees companies from having to manage non-core functions, and puts the focus back on their core competencies. Increased Productivity & Efficiency An outside provider's cost structure and economy of scale can increase productivity and efficiency for your firm and give it an important competitive advantage. Operational Control Departments that may have evolved over time into uncontrolled and poorly managed areas may benefit immensely from outsourcing. Staffing Flexibility Outsourcing will allow operations that have seasonal or cyclical demands to bring in additional resources when you need them and release them when you're done. Distribution Of Risk companies also distribute or do away with the risks associated with running When certain functions are outsourced, that particular function. Ability To Start New Projects Quickly A good outsourcing firm has the resources to start a project right away. Handling the same project in-house might involve taking weeks or months to hire the right people, train them, and provide the support they need. Access To Level Playing Field Most small firms simply can't afford to match the in-house support services that larger companies maintain. Outsourcing can help small firms act "big" by giving them access to the same economies of scale, efficiency, and expertise that large companies enjoy. If you need Mobile Apps Development Services you may contact Indus Net Technologies • www.indusnet.co.uk/mobile/ MAJOR REASONS FOR GLOBAL OUTSOURCING Cost Savings 36.00 % Need for special skills/services 14.70 % Free up internal resources for other sources 13.80 % Lack of in-house expertise 12.50 % Improve company focus 8.70 % Difficulty hiring & retaining IT employees 5.60 % Quality improvement 2.20 % Share Risks 1.30 % Other 4.50 % MAJOR DOMAINS OF OUTSOURCING IN IT INDUSTRY Application development Desktop support Application maintenance Web/E-commerce systems Disaster recovery services Help desk services IT security Network operations Application hosting Data center operations Database administration Sources: smallbusiness.dnb.com ux1.eiu.edu computereconomics.com Designed by: www.InfoGraphicDesignTeam.com APRIL 2012 ROLE OF Outsourcing In Tindustry MAJOR BENEFITS OF OUTSOURCING IN IT INDUSTRY Controlled Capital Costs Outsourcing releases capital for investment elsewhere in your business, and allows you to avoid large expenditures in the early stages of your business. Reduced Overhead Costs Overhead costs of performing a particular back-office function are extremely high. Consider outsourcing those functions which can be moved easily. Reduced Labor Costs Outsourcing helps you avoid the high cost of hiring and training staff for short-term or peripheral projects. Skilled Expertise Outsourcing provides access to skilled resources which ensures high quality deliverable since the job is done by them who do it best. Focus On Core Competencies Outsourcing frees companies from having to manage non-core functions, and puts the focus back on their core competencies. Increased Productivity & Efficiency An outside provider's cost structure and economy of scale can increase productivity and efficiency for your firm and give it an important competitive advantage. Operational Control Departments that may have evolved over time into uncontrolled and poorly managed areas may benefit immensely from outsourcing. Staffing Flexibility Outsourcing will allow operations that have seasonal or cyclical demands to bring in additional resources when you need them and release them when you're done. Distribution Of Risk companies also distribute or do away with the risks associated with running When certain functions are outsourced, that particular function. Ability To Start New Projects Quickly A good outsourcing firm has the resources to start a project right away. Handling the same project in-house might involve taking weeks or months to hire the right people, train them, and provide the support they need. Access To Level Playing Field Most small firms simply can't afford to match the in-house support services that larger companies maintain. Outsourcing can help small firms act "big" by giving them access to the same economies of scale, efficiency, and expertise that large companies enjoy. If you need Mobile Apps Development Services you may contact Indus Net Technologies • www.indusnet.co.uk/mobile/ MAJOR REASONS FOR GLOBAL OUTSOURCING Cost Savings 36.00 % Need for special skills/services 14.70 % Free up internal resources for other sources 13.80 % Lack of in-house expertise 12.50 % Improve company focus 8.70 % Difficulty hiring & retaining IT employees 5.60 % Quality improvement 2.20 % Share Risks 1.30 % Other 4.50 % MAJOR DOMAINS OF OUTSOURCING IN IT INDUSTRY Application development Desktop support Application maintenance Web/E-commerce systems Disaster recovery services Help desk services IT security Network operations Application hosting Data center operations Database administration Sources: smallbusiness.dnb.com ux1.eiu.edu computereconomics.com Designed by: www.InfoGraphicDesignTeam.com APRIL 2012