Outsourcing IT projects and solutions to India is a rapidly growing practice in today's highly competitive economy because organizations are under pressure to develop products/projects at a rapid and cost-effective rate or make upgrades to existing technologies quickly. These IT solutions need to be implemented without compromising on their quality standards or the organization's resources, a fact which Icreon understands only too well. For this reason alone, most of the offshore software development projects ranging from small to mid-market to high-end organizations are outsourced to an offshore software development company like us.
What is Offshore Outsourcing Model?
"Hire rather than own expertise" is the concept behind Offshore Outsourcing Model. Rather than spending money on developing and maintaining certain non-core activities, businesses can outsource them to offshore experts and get quality work at much lower price.
Benefits of Offshore Outsourcing Model
Offshore Outsourcing Model offers businesses multiple benefits in terms of Cost, Quality and Technical Excellence. Some of them are
Realistic cost savings of about 40% as compared to onshore or domestic markets. (Source - Ventoro Research Report)
Quality Product Delivery by offshore companies using their expertise, extensive domain knowledge and implementation of Matured Execution Models in their processes. (Source: NASSCOM)
Technical Excellence offered to clients by capitalizing on quality Human Resource, robust infrastructure and domain related Research and Development (R&D).
Maximum time benefit by leveraging the time difference between service provider and service requester.
Reduced project cycle by implementing globally recognized Project Management systems in their operational activities
perational Flexibility by quickly adapting to changes in business requirements.
Better finance management through clearly defined financial obligation and reduced cost.
Improved competitiveness since offshore companies deliver quality services at affordable rates.
Renewed focus on company strategic plans by outsourcing certain non-core business operations to offshore companies.
Exposure to new markets by making alliances with offshore companies and taking business to unexplored areas.
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