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Software Development Services Software Factory Scheme

Outsourcing Application for IT - Nearshore IT Services

What’s Outsourcing? Outsourcing is the contracting or subcontracting of noncore activities to free up cash, personnel, time, and facilities for activities in which a company holds competitive advantage. Companies having strengths in other areas may contract out data processing, legal, manufacturing, marketing, IT services, payroll accounting, or other aspects of their businesses to concentrate on what they do best and thus reduce average unit cost. Outsourcing is often an integral part of downsizing or reengineering. It is also known as contracting out. When businesses need expertise or skills that they don't have within their organization, they often turn to outsourcing to solve their problems. Outsourcing means just what it says -- going "out" to find the "source" of what you need. These days many businesses outsource for what they need to serve their customers, both internal and external. An external customer is the entity that ultimately purchases a company&#…