Software Outsourcing in Current IT Business WorldSunday, January 15, 2006
Software Outsourcing in this current IT Business world is the most demanded and fast-growing process. Now a day in almost all big IT firms and all the companies are dealing with their business in this way. More and more IT job works are now outsourced in one or the other way. Almost all the companies believe in this process and tend to shift the business way towards it. This process has almost gathered the IT world in a small area. At present one can outsource any of the services, starting from coding to management. There are lots of companies that are in this business and provide all these facilities at a single place. In this way companies are getting more and more flexible in their business. This is one of the ways which helps the company to expand its business in any corner of the world. Software Outsourcing has played a major role in the success of the IT industry worldwide.
As discussed Software Outsourcing is the process that brings flexibility in the business, also has many more advantages with it. The main reason behind the whole process is the cost advantage associated with it. Cost savings advantage is the one that attracts the companies more and more towards this process worldwide. It helps companies to save half of the cost of the overall project. In the field of IT Philippines is one of the demanded countries along with India and China. All these countries are heavily involved in the offshore service providing the procedure. Almost all the countries around the world prefer these countries the most for the purpose of Software Outsourcing. The definition of the whole process has changed as it has not been only a code offshoring process, along with it this process provides all the facilities which include the talented manpower, technology, lower labor rate, plants, and other management services and many more. In the present scenario, many companies along with these services provide the consulting facilities also. The process of Software Outsourcing has also helped the talent to expose themselves in one or more ways.
Software Outsourcing is done in many ways. Many companies hire the programmer from the offshoring companies and pay them on an hourly basis. Companies in America are heavily doing this process from India and making lots of profit as the labor cost in India is far lower than the American programmer. Many Australian companies are also having their presence in India because of the same cost purpose. India is on the top in the list for the Software purpose, while china has the top position for the Hardware purpose. The process of Software Outsourcing doesn’t bring benefits for the companies but it also fetches more and more benefits to the employees also. They also prefer outsourcing companies more.
In this way, Software Outsourcing has changed the way of working in the IT Industry. Benefits associated with the process bring more and more companies into it. Almost all big brand names along with the small business group are in this process of the business for one or the other reason. Software Outsourcing has been the trend changing process in the current IT world.