Offshore outsourcing boomFriday, May 13, 2005
Offshore outsourcing company should try to understand how US companies are using offshore resources for outsourcing their software development. Offshore software development has many diffrent views at different level of understanding. One can read different views which appear in newspapers, magazines and on internet daily. It is a very hot topic today, but it is not going to last forever. As in all business cycles, it will also attend a peak in next few years and then slowdown to reach maturity level. So it is very important for offshore software development companies to take advantage of it as long as outsourcing boom is lasting. By joining the bandwagon in initial phase, companies always ensure their place in long term succesfful business.
Some people see offshore outsourcing as evil. Though they accept that, it must be utilized for the sake of economics and profit for share holders. It doesn’t matter if its distasteful. For some others, its just a way of business. Offshore providers should remain knowledged about current trends in business. Based on that, they should adapt strategies and technology knowledge to get maximum benefit of offshor boom. Also, they can learn cultural and other sensitive issues related to outsourcing.