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BPO Business Models: 3 Must-Know Facts

Pure Moderation

This gives companies more financial resources to focus on areas like: Manufacturing Production Main business trade. Companies can incentivize them better and provide bonuses or higher pay grades based on performance. Nearshore Outsourcing. Nearshore outsourcing or nearshoring is similar to offshoring.

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Software Development Outsourcing: A Complete Guide

3Pillar Global

When you think of outsourcing, chances are your mind immediately goes to things like sweatshop labor or US manufacturing jobs shipped overseas. Outsourcing business models—insourcing, onshoring, offshoring, nearshoring, and multi-sourcing—are all based on the client’s proximity to their outsourcing team.

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Why Do Companies Outsource Software Development?

3Pillar Global

Another survey , CGS’ 2020 Business Process Outsourcing Trends (which covers IT/software projects, including accounting or manufacturing and beyond), found that 45% of executive respondents cited improving the customer experience as their primary motivation for outsourcing, while 36% said it was cost-cutting.