Hertz, a well known car hire company, has finally decided to move towards outsourcing. The rumors were circling around for quite some months and now the final decision is going to be made soon. Hertz has warned a total of 230 IT professionals that their jobs are at risk, as...
IT Offshoring – Risks and Challenges
Keep the work local and spend the saved money or send it overseas to get the same value at a lower price? For many budget-conscious businessmen, the latter makes sense. But it doesn’t mean that offshoring is the ultimate solution. It can involve risks and potential long-term downfalls when it...
The Reasons, Hazards & Rewards of IT Outsourcing
Outsourcing has become an essential part of the industry of information technology. The main reason to outsource is to cut the operational costs. If you have a small business, you might have thought about availing its benefits. And you might also have thought that its advantages are big and obvious....
5 Outsourcing Trends for 2016
Outsourcing has been dominant in making many businesses effective this year. Most of the businesses that need different vendors to provide various services availed the benefits of outsourcing this year. Outsourcing trends have changed since organizations from UK, US, Europe and other global locations began outsourcing their business processes to...
What You Will Benefit From Offshoring?
When we look 30 years back, we can see that the business world was very different in those days. It has changed a lot in the previous three decades. Offshoring has really made the business processes easier than before. They no longer have to be operated in the local areas....
Outsourcing for Small Businesses
Outsourcing – a practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally – is a well-known concept for many entrepreneurs. Small companies occasionally outsource their non-core business processes like payroll processing, accounting etc. But not all of them...
Outsourcing and Off shoring- Understanding the Concepts
For many business owners, outsourcing and off shoring have the same meaning; sending work, that would otherwise be completed in-house, to individuals or firms based in other countries. While both the terms may seem similar, they actually have different meanings if one looks more closely. “Outsourcing is a practice used...