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What are the Strategic Advantages of IT Outsourcing?

Magellan Solutions

IT outsourcing is when a company hires outside vendors to handle technology operations and tasks. Outsourcing offers flexibility in service selection: companies can outsource specific IT functions such as application management, software development, testing, system administration, or technical support.

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Pot of Gold: Be Smart (Not Lucky) With Outsourcing Business Processes

inDinero

business process outsourcing (BPO) is ubiquitous with “doing business.” As CFOs pursue greater flexibility, liquidity, and risk management for their companies, alternatives to BPO are becoming more attractive. Technology has transformed business and markets in this century much as outsourcing did in the last.

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12 Businesses That Need To Outsource Data Entry in 2021

Magellan Solutions

Data entry outsourcing has a CAGR of 5% during the 2019-2023 which roughly means $350 million. Industry experts believe that with the continuous acceleration of data analytics and automation, it will be even bigger post-pandemic. . Adoption of digital processes and automation helps companies to better anticipate slow and busy periods.