Why Outsource
Outsourcing in broad terms is a transfer of some business functions or components of business processes to an outside contractor. To remain competitive, many companies outsource as a way to reduce costs, increase efficiencies, and refocus critical resources. Many organizations have their own IT departments catering to their software and other IT enabled services needs; while others go for IT Outsourcing.Outsourcing brings strategic value to companies through:
- Reducing costs - transforming fixed costs to variable costs providing operational flexibility
- Access to expertise - of outsourcing partners many of whom offer domain competencies
- Focus on core business - a firm's executives are free to focus on building and strengthening their company's core business
- Increased operational flexibility -allowing organizations to better adapt to market changes and customer demands
- Ability to scale - rapidly to match a company's growth