1 / 9

IT Outsourcing Models

Here will provides the importance of information technology outsourcing, different types of IT outsourcing models and its relevance in the new normal.

marieweaver
Download Presentation

IT Outsourcing Models

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. IT Outsourcing Models www.hiddenbrains.co.uk

  2. In this modern digital world, we are witnessing extensive changes in human being’s behavior, the way businesses operate, and customer preferences. With the advent of emerging technologies, web and mobile app development services industries have opted for different strategies and IT outsourcing models to continue their market services. Among different services, information technology outsourcing has created a high buzz recently and is gaining attention from the business community. According to Wikipedia, Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity or could be done internally. It sometimes involves transferring employees and assets from one firm to another.

  3. Types of IT Outsourcing Outsourcing encompasses different definitions. Essentially, it is moving your in-house structure to save money, increase efficiency, or scale teams faster. However, this can be achieved in different ways and with other IT outsourcing models. Offshoring is often interchangeably used for Outsourcing. However, both terms are different and not interchangeable. So what is offshoring?

  4. Types of IT Outsourcing Offshoring Offshoring means outsourcing IT services to a distant geographic location to benefit from lower labor costs, more favorable economic conditions, time zones, or a larger talent pool. There is a time difference of at least 5 or 6 hours which provides uninterrupted support or constant updates. Nearshoring Nearshore outsourcing is similar to outsourcing software development or other IT functions to a location. However, the location is closer and, in most cases, the same time zone. Nearshoring enables much smoother communication compared to offshoring.

  5. Types of IT Outsourcing Onshoring Also called homeshoring refers to delegating several business processes to a different location within national borders. Usually, the chosen area has relatively low labor and operational costs. Occasionally, the term “homeshoring” is also used to describe a situation in which employees work from home. Multisourcing This effectively means outsourcing business processes to different vendors, thus mitigating the risk in vendor operations. let’s discuss why organizations require IT outsourcing companies for their project as well as the current trends, which helps them to meet the present market requirements.

  6. IT Outsourcing Models Full Process Outsourcing In this model, an outsourcing company takes over the entire development process, with complete responsibility for the team, process, management, and quality. This type of Outsourcing works best when you don’t have technical expertise for the project or are swamped with projects in the pipeline. Dedicated Team Here, an Offshore IT company offers a dedicated team of developers that becomes a natural extension of the in-house team, sharing risks and responsibility for the quality. This model provides a fast team ramp-up based on your needs. It also results in saving time and resources on project management

  7. IT Outsourcing Models Hire Developer or Remote Resource A vendor provides you with remote professionals that you manage directly on a full-time, part-time, or hourly basis. This model works best when you need expertise in niche technologies, meet sudden development deadlines or adapt to changing business needs.

  8. Change in Outlook towards IT Outsourcing in the New Normal The outsourcing industry took a severe blow during the early phase of the coronavirus pandemic due to travel restrictions, lockdowns, and quarantines. However, companies now have realized the way to respond to the crisis, ensuring business continuity. Companies are determined to create a response mechanism with resilience to overcome disruptions in the future. The concerns over remote work delivery by outsourced teams have been answered. Companies have now naturally accepted that remote developers can achieve results without compromising productivity using the latest tech stacks, security policies, and compliance. The focus has now shifted to digital and workplace transformation.

  9. Contact Us biz@hiddenbrains.com www.hiddenbrains.co.uk +44 2079932188

More Related