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Software Outsourcing has long passed the fad or
buzzword stage. It is here to stay as an IT trend which has
evolved, grown, matured and is living up to and outgrowing its
potential. Especially with companies that wish to cut costs
while gaining access to world-class software engineers, it is no
more an option but a smart decision. One of the strongest
factors that attracts most of the Fortune 500 companies
worldwide to the outsourcing industry is the significant savings
attached to an software outsourcing project. On an average,
companies report 40% to 60% increase in net savings with the
help of Offshore IT Outsourcing.
Half of all the fortune 500 companies today
target offshore software development in Pakistan. The core reason
for preferring Pakistan, as an offshore development partner, to
other competing destinations in offshore IT Outsourcing business
is a vast pool of educated human resource combined with
world-class quality offerings and ever encouraging Government
policies for the IT sectors.
Key benefits of software outsourcing :
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Cost Efficiency |
Labor cost
savings may reach up to 90% for routine low-level tasks as
compared with in-house development in North America and
Western Europe.
Significant reduction of development time and, thus,
speed-to-market becomes invaluable advantage in a
present-day competitive environment. |
| Availability
of trained IT staff |
Immediate
access to a large pool of best industry talents allows
overcoming hiring gap for IT professionals in the developed
countries. |
| Flexible
manpower utilization |
By using outsourcing model company cuts down its housing,
recruiting and training expenses. |
| Development
risk minimization |
Proven development process and quality management system.
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| No up-front investments |
No
up-front investments on the customer's part. |
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