Offshoring, over the past 30-40 years has been the go-to move that many companies have taken,to boost earnings and build a solid foundation using which they have elevated themselves.Companies like IBM, Google and many other giants in their fields have successfully used offshoring to expand their portfolios and ensure continues success. This, however, doesn’t imply that only big companies should offshore. SMEs have as much to gain by moving jobs…
Offshore outsourcing, quite simply means outsourcing a certain business process/-es to a trusted partner working out of a foreign country. It can be an individual or another company, that offers specialised services ranging generally from H.R to Accounting, not to mention some companies who take on an organisations core production or even development process. Offshore outsourcing, like outsourcing or any other business practice, has number of pros; Offers significant cost…
Here’s a mind boggling figure: The global IT industry was worth 5 trillion dollars in 2019 (Statista). IT has also been touted as one of the fastest growing industries ever, emerging out of obscurity in the late 1970s to become the force to be reckoned with it is today. While the biggest names in the field have gone on to become industrial behemoths, there are still a large number of…
Offshoring business processes can today be considered a practice as old as time itself, with companies moving jobs outside their country as early as in the 60s. Presently, the offshoring industry reported a market size of $92.5 billion in the last year alone, as per fortunly.com. With increasing technological advancements and focus on remote working, a plethora of services can be offshored today. Here are ten such services: 1) IT…
Let’s say you have decided to engage an offshore team to handle a particular business function, your next question will be, “How to go about it?”. This step-by-step guide will take you through the various stages involved in hiring an offshore resource person/team and ease your worries. Step 1. Get in touch Our website allows you to input basic data with the help of which we provide you with an…
Most executives today believe that they can handle every aspect of their job. However, the immense scope of their activities means that they could use some help. Hiring an outsourced Virtual personal assistant could be extremely useful in this case. Not convinced? Then, here are the top 5 indicators that you need a virtual personal assistant: 1. Falling back on correspondence As an executive, you may have to be constantly…
While the Covid-19 pandemic has indiscriminately affected almost every global industry today, one that is taking less of its brunt is the Managed Services Provider (MSP) sector. According to Datto Inc.’s recent study, ‘Global State of MSP’, although growth projections have been downgraded this year, about 40% of MSPs reported annual revenue of 2.5 million dollars. This data seems to suggest that there exist certain growth opportunities in the market…
