Author Topic: Pros & Cons of Offshore Outsourcing  (Read 3024 times)

Offline Shamim Ansary

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Pros & Cons of Offshore Outsourcing
« on: October 11, 2010, 02:06:57 PM »
Offshore outsourcing, a type of business process outsourcing (BPO), is the exporting of IT-related work from the United States and other developed countries to areas of the world where there is both political stability and lower labor costs or tax savings. Outsourcing is an arrangement in which one company provides services for another company that could also be or usually have been provided in-house. Offshore simply means "any country other than your own." The Internet and high-speed Internet connections make it possible for outsourcing to be carried out anywhere in the world, a business trend economists call globalization. In general, domestic companies interested in offshore outsourcing are not only trying to save money in order to be more price-competitive against each other, but also to enable them to compete with businesses in other countries.

Critics of offshore outsourcing worry that if too much IT-related work is farmed out to other countries, home-grown IT talent will "dry up." They point out that once a company begins outsourcing overseas, they will find it difficult to reverse the trend and justify paying more in salaries, taxes, and job benefits for the same work they used to outsource. Proponents maintain that the judicious use of offshore outsourcing will help make all IT workers become more productive and allow companies to develop more agile and responsive business models, which in turn, will raise salaries for domestic workers in all countries.

According to the IT research and analysis firm Gartner, by the year 2004 more than 40% of IT-related businesses will either be investigating the possibility of offshore outsourcing or will have already shipped some IT-related work overseas.

For more details, please surf the links:

http://www.offshoreoutsourcing.org/

http://www.softwarereviewblog.com/

http://en.wikipedia.org/wiki/Offshore_outsourcing

http://www.wisegeek.com/what-is-offshore-outsourcing.htm


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Offline shaikat

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Re: Pros & Cons of Offshore Outsourcing
« Reply #1 on: October 11, 2010, 02:16:21 PM »
Very informative, Thanks...
Moheuddin Ahmed Shaikat
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Offline shohel

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Re: Pros & Cons of Offshore Outsourcing
« Reply #2 on: November 27, 2010, 09:50:10 AM »
very thoughtful and informative post.......I belive it will increase our knowledge.So i request everybody please visit all the links as mentioned with the post....



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Offline Sharifur Rahman

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Re: Pros & Cons of Offshore Outsourcing
« Reply #3 on: November 27, 2010, 12:40:47 PM »
Thanks sohel vai,I also believe it will be increase our knowledge.







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Offline fatema nusrat chowdhury

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Re: Pros & Cons of Offshore Outsourcing
« Reply #4 on: August 14, 2014, 01:39:28 PM »
Very informative post. Thank you for sharing

Offline Muzaffar

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Re: Pros & Cons of Offshore Outsourcing
« Reply #5 on: November 24, 2015, 12:58:39 PM »
Very informative, Thanks.