Outsourcing
Out sourcing is an agreement with a organization to do a set of tasks for an organization. It is the concept of having specified company functions and paying an outside organization to handle them. Basically, Outsourcing is done to save money, improve quality, or free company resources for other activities. Outsourcing was generally done in the data-processing industries and has spread to various areas, which includes telemessaging and call centers. In computing, outsourcing can be of many forms. For example a company, can outsource its whole IT operation, so that another outsourcing firm provides the hosting and maintenance of the required servers and ensures that the system runs perfectly and can run its application. By outsourcing part of your workload you can save time and spend more time concentrating on beating your competition. Also by outsourcing part of your workload you can save money and spend more money on marketing or advertising to beat your competition.
Types of out sourcing: Outsourcing can be done either offshore or near shore. A software company showing a greater degree of innovation in its IT initiatives would prefer to ship its work offshore rather than inshore as offshore development provides access to talented, experienced developers who can respond to the need for a complex business solution or application, quickly and cost effectively. But there are risks involved with geographical locations of offshore companies as well. Generally, there are two types of outsourced services, technology and business:
Technology Services
- Electronic Commerce
- Infrastructure
- Software
- Telecommunications
- Website Development & Hosting
Business Process Outsourcing
- Customer Contact
- Equipment
- Finance / Accounting
- Human Resources
- Logistics
- Procurement / Supply Chain Management
- Security
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