| With the rapid success in the field of information and | | | | Ukraine from Eastern Europe, so multi sourcing is the |
| technology and drastic changes in the philosophy of | | | | new trend in the global business environment. MNCs of |
| doing business of different nations of the world have | | | | the world are acquiring the small level companies, |
| changed the whole scenario of the international | | | | Person to person (P to P) consist of entrepreneurs to |
| business. Adaptability of the internet and Innovations in | | | | individuals in form of online tutorials, Editorial and Writing |
| the IT sector have made the world a single platform | | | | Services, IT services, sales & marketing services, |
| for the business and given birth to new form of | | | | etc. Big players of the business world have started |
| international business called offshore outsourcing. | | | | situating their offices in the different parts of the world |
| Using the web and it’s latest technologies for | | | | for expansion of business and which helps in |
| the business and social interaction between companies | | | | performing direct meetings and dealings between |
| as well as common people lead to flow of the cross | | | | companies. |
| boundary interactions, changing growth strategies, | | | | Green IT is the latest concept for the protection of the |
| introduction of social media are few reasons for the | | | | environment, which makes the companies to change |
| success of information & technology. In the recent | | | | the demands from their suppliers. |
| years these factors have initiated the small & | | | | The outsourcing concept helps in reducing cost of |
| medium as well as large companies of developed | | | | production and enhancing quality of the production. |
| nations to outsource their work to the developing | | | | Outsourcing of web related jobs from big companies |
| nations and gradually various trends of outsourcing the | | | | as well as medium sized companies has increased in |
| work comes forward like: Multi sourcing or | | | | recent years and there are thousands of offshore |
| Globalization, Mergers and acquisitions, Person to | | | | web development companies providing customized |
| person (P to P), Green IT and virtual world. | | | | services. The most popular web services are website |
| Big companies of the world have started outsourcing | | | | design & development, eCommerce solutions, |
| their work to more than one country and in this run | | | | software development, etc. |
| India is big hub with knowledge base community and | | | | Hence, Offshore Outsourcing Trends are creating new |
| next is China. There are other nations which are | | | | avenues of success for the global business |
| emerging for rendering services such as Russia & | | | | environment. |