| Since last decade outsourcing software development | | | | more businesses in USA and Europe started to take |
| projects is getting lots of attention and many | | | | advantage of offshore software development to |
| companies in USA and Europe has opted this option. | | | | reduce their operating costs. |
| Outsource or not to outsource was always been a | | | | Few of the advantages of Outsourcing are: |
| challenging question till early 2008. | | | | * When you hire an offshore software development |
| But recent global recession has hit the international | | | | company as your IT service provider, you never have |
| market, Outsourcing became more widely accepted | | | | to worry about putting them on your payroll. Instead of |
| business decision. Companies which always thought | | | | having to hire an employee and add them to your |
| that outsourcing can be a risk and hassle to deal with | | | | monthly payroll, you can simply set your terms up front |
| started looking into offshore software development to | | | | with your service provider. |
| cut down or reduce fixed cost without cutting down | | | | * If you hire a new employee your company will have |
| on their Information technology related requirements. In | | | | to offer him/her a wide range of benefits beside |
| today's fact pace world, cutting down on your | | | | salary, which can cut into your profits over time. But |
| companies technology requirements may translate into | | | | when you outsource a project you will never have to |
| loosing valuable business opportunities. In order to keep | | | | worry about benefits because you are hiring a |
| up with competing market demands, lot many | | | | company which will deliver your software |
| companies have started to outsource by establishing | | | | development requirements with no permanent string |
| strategic partnerships with offshore IT service | | | | ties. |
| providers. | | | | * In last two decades, countries in Asia like India, |
| We have to look outsourcing business growth in | | | | Pakistan, Philippines have developed tremendous |
| relevance to business growth in other industries since | | | | amount of expertise in handle international projects and |
| economic meltdown. While businesses in different | | | | deliver them on International Quality standards. Thus |
| sectors closed down or hardly survived, IT service | | | | quality may not be a risk factor in dealing with well |
| providers sustained this global financial crunch because | | | | established IT Company overseas. |