Thanks to the rise in technology and development of lightning quick communication tools, which have made it possible to collaborate in real time, it has become quite easy to hire the best talent from across the globe without bringing them on board to your physical office premise. In layman terms, this is exactly what off-shore outsourcing is all about!
If we get into the technical definition, offshore IT outsourcing can be defined as
‘The practice of hiring some external resources to get some of your business functions, outsourced in a third country.’
In simple terms, you hire a person or an organization to perform some key business functions, and they develop the products or offer the services in a place other than the one where your organization is located. As simple as that!
Why the need for offshore IT outsourcing?
The first and the foremost thing you might have in mind – Why do I need to outsource my services? Well, the answer to this lies in the fact that in the war of staying on top and getting the maximum revenue from your business processes, IT companies are always on the lookout for cutting costs.
This is the biggest reason behind offshore IT outsourcing. Apart from the fact that you can easily get the best global talent to work for your business by outsourcing the services; this is not quite possible when you are building an in-house team.
A peep into the history of outsourcing
One of the first known and cited examples of outsourcing services dates back to the 1980s.
European airlines, in the early 80s, set up their back-office operations in New Delhi (India). This is assumed to be the beginning of outsourcing and in no-time India became the hub for offshore IT-outsourcing services, as we all know.
It was the 1990s when American Express set up its Japan and Asia Pacific back office operations in the capital of India, New Delhi and soon after this, many giants followed making India the first choice for outsourcing IT services because of the low costs involved and the quality talent.
Should you outsource?
If you are running a business and looking to take it to the next level, outsourcing your IT services can prove to be the best decision you can ever make. There are a couple of reasons behind it.
First of all, by outsourcing your IT services to someone like Your Team in India, you are hiring an expert in the industry who can take care of all your IT development needs in the best possible manner.
The second major benefit of outsourcing is that you can focus more on core business processes rather than worrying about building a new team for IT functions and more. The best thing is that you can easily get affordable outsourcing services, without compromising on quality. In fact, we at Your Team in India have a team of seasoned professionals who have years of experience to back their expertise. By being with us, you can be certain of having world-class software development processes.