Outsourcing IT services has long been a winning strategy for various companies.
Hiring experienced developers or tech specialists for a project having a short deadline or planning for a cost-effective way to build a solution, holds a lot of value.
As per a survey, 90% of US companies consider outsourcing which is crucial for their growth.
78% of startup and small companies feel that outsourcing is something giving them a competitive edge in the IT industry.
Despite all this, there are many companies and entrepreneurs who are still afraid to work with offshore companies.
This may be because they have heard a few stories about someone's bad experience of collaborating with an unreliable company.
The key to this is to mitigate outsourcing risk by careful selection of an offshore partner and a prior detailed discussion of every milestone of the project.
Risks and Mitigation Strategies
Risk assessment and mitigation is successful with the help of s
