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Offshoring vs Outsourcing: Benefits and Helpful Tips

Magellan Solutions

Did you know companies embrace offshoring and outsourcing to improve efficiency and cut costs? However, when it comes to the offshoring vs outsourcing debate, it’s crucial to understand the distinction between these two approaches and decide which best aligns with your business’s needs.

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Types of Outsourcing: Which Is Right for Your Business?

Magellan Solutions

Did you know that 24% of small businesses outsource to improve efficiency ? You’re probably curious about the different types of outsourcing that can benefit your company. From boosting productivity to reducing expenses, outsourcing has become a popular tool for improving operations. Don’t worry!

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How to Avoid Hidden Costs of Offshore Hourly Rates

SIG Speaks

For many US companies, understanding the total cost of IT talent services has always been challenging, and is even more concerning now as budgets and resources have tightened in a post-COVID-19 world. are ways offshore vendors distort billings and make your hourly rate look lower to win deals. Well, not exactly. Listen below.

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Nearshore Software Development: What You Need to Know

Bydrec

As you may know, offshore outsourcing is a method used by businesses to reduce cost and increase efficiency. In order to solve this problem, “nearshore” outsourcing was created as a more sustainable software development model that would ensure better quality and cost control.

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The IT leader’s report to overcoming the software skills crunch

The Scalers

However, some countries are struggling with a shortage of skilled software professionals , making it challenging to attract developers, driving up salaries, and costs of operations. 52% of IT leaders say they need help finding suitable offshore talent. Each approach has its advantages and drawbacks for the parent organisation.

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Is BPO the Roadmap to the Next Generation of Business Success?

NoonDalton

But, this is actually quite true in the case of business process outsourcing (BPO). Business process outsourcing entails permanently outsourcing all company functions, as opposed to the old practice of contracting out non-core processes on an as-needed basis. $260 billion industries shouldn’t go ignored.

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