Top Reasons For Rolling Demand of Software Development Outsourcing

by Aarushi Sharma Human Resource Executive

IT companies have ideas and capital to invest. But more often than not all have expertise, teams or know-how. That is when outsourcing becomes a prerequisite. Software development outsourcing has allowed businesses to hire expert staff from halfway around the world and at unusually lower costs. This has not only allowed companies to achieve complex goals with improved work quality, but also made the whole process cost-efficient with enhanced customer service. According to recent research conducted by Deloitte, software development outsourcing curtails overall production cost by 59% and helps the company focus on core activities by 47%. From an established enterprise to a start-up, organizations of every size and structure are following the outsourcing bandwagon to gain lucrative benefits by receiving exposure to a vast pool of global talent and round-the-clock services. Many companies are already benefiting from the outsourcing teams continuously working on the application modifications and enhancements. Sphinx Worldbiz offers outsourcing services for application development while also providing managed services executed by expert professionals.

Source: The Surging Demand of Software Development Outsourcing: Top Reasons