Business & Finance Outsourcing

The Ins and Outs of Offshore Outsourcing

More and more companies engage themselves in outsourcing complex business functions to service providers offshore.
This activity has become a trend that causes debates in western countries particularly in the U.
S where majority of companies are involved in offshore outsourcing.
The positive and negative consequences have been evaluated to expose the significance of outsourcing.
Yet, it only boils down to one point, Offshore Outsourcing cannot be eliminated.
In this time of recession, most companies are adapting new ways to lower their total cost of expenditure and gain as much profit in return.
Recession has cultivated the creativity of companies especially in U.
S to look for ways to survive.
Offshore outsourcing is indeed the best way to combat recession but companies that are opting to outsource or are already outsourcing must take time to evaluate their offshore partners in order to avoid the failure of an outsourced complex business process.
Risks will always be present.
In your intent to outsource, make sure that the benefits are greater than the harm it can do to your company.
Select only the best by taking time to look for a perfect offshore partner that knows exactly what you need.
Offshore outsourcing is an opportunity for every company to gain.
Having an offshore team that understands you is "in" but if you got the wrong team, that's definitely out" and risky.
Companies entrusting their IT projects to offshore consultants/programmers expect great savings in their operation cost.
Labor rates are indeed cheap.
However, some service providers do not have structural integrity which means that critical data stored in your system worth hundreds of thousands of dollars can be lost.
You may hire dozen of programmers to handle the job but as IT outsourcing industry expands the salary you give them is also increasing by 15% per year.
Instead of saving, you will be spending more in getting your project done.
My advice for you is to look for an offshore service provider that is transparent in all their dealings.
Just before you transact business, be sure that the company understands your need for quality output and provides security for your critical data.
They should be benefit-oriented and with integrity in handling complex projects from day one to day of completion.
Prior to making your final decision, make a research on the company's capability to bring your project to successful completion.
Language is also a concrete barrier that obstructs the successful completion of projects being outsourced.
Complex projects need thorough instruction in order to come up with the target goal.
Difficulties normally arise in relating this instruction to offshore programmers.
They have different grasp of the English language.
Basically, there is an output, yet it is not what you expect.
As a decision-maker, you can avoid this unfavorable situation by performing thorough technical interviews to the consultants who will be working on your IT projects.
In this way, you can be sure that they know exactly what they are doing and understand even the most minute detail of the job.
Also, you have to be aware of the time difference between a client company and its offshore partner.
You may think that while your employees are working, your offshore team is fast asleep but there are offshore IT service providers that have consultants working on night shifts in order for the client to have a real-time communication and personal monitoring of the developments in the project.
In every opportunity, there is always a risk but just make sure it's minimal.
You can have better options by analyzing the credibility, effectiveness and expertise of each candidate offshore partner.
In comparison with your health aspects, you go to a cardiologist to consult about your heart problem.
Same with your complex IT projects, choose an offshore partner that has a specialized scope of expertise.
As an example of a specialized offshore team, Xmarter, Inc is an offshore IT consulting firm that specializes in TIBCO software.
Their consultants are all experts in different TIBCO softwares.
They have developed expert solutions applicable only with TIBCO based systems and that makes them the best team to work on your outsourced TIBCO projects.
As specialized consultants, they are the real experts who can truly understand and prescibe you with the right dose of quality service to bring your outsourced projects to sure success.

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