In business, outsourcing involves the contracting out of a business process to another party. The concept “outsourcing” came from American Glossary ‘outside resourcing’ and it dates back to at least 1981. Which means to use outside resources and experts to develop software. With the advancement of the communication methods, tools and techniques, outsourcing the software development jobs is becoming trend in the developed countries. There are many factors that could force an individual/firm for outsourcing. However, saving cost, focusing on the core competencies, avoiding HR/recruitment related issues and other overheads are the main factors.
When Outsourcing Software Development Projects can be beneficial there are some key factors that play an important role for its success.
6 top vendor (service provider) counties were selected from Elance (World’s Leading Marketplace for Outsourcing Digital Jobs) to evaluate the on the bases on these factors. Here is the outcome: Read More…