Home » Outsourcing Analytics (Page 53)

The very idea of outsourcing may scare you since it involves handing away the responsibilities of a part of your business to someone else who is not even on location.

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Outsourcing is one activity that can bring in a lot of money. We all know that. What is not well known is the fact that there are several risks involved.

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Success in casoftware development services is not obtained through black magic.

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Outsourcing providers often rely on a limited number of geographic locations, exposing themselves to unnecessary risk. They can mitigate these risks.

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Innovate or die

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Innovate or perish. There are few businesspeople today who haven’t heard this simple but powerful aphorism. For years immemorial strategic thinking has said that, as time goes by, points for differentiation inevitably end up looking somewhat mediocre.

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The cost of developing an IT infrastructure in a small/medium business can be an intimidating thought indeed. It is often a huge outlay of resources, not to mention the time involved in developing and implementing an IT strategy.

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Unlocking IT value is the Holy Grail for many CIOs and executives concerned about the vast sums of money spent on IT. However, when asked, many executives have great difficulty in defining what they mean by value. No wonder it is so elusive!

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Outsourcing has become a solid strategy for organizations looking to improve productivity and reduce costs. Today, companies are no longer asking “should we do this?” but rather, “what region makes the most sense?”

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Whether you’re talking about IT or back-office work, business process outsourcing contracts signed during the recession have tended to save dollars in a way that can be easily demonstrated to senior management, say BPO experts.

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We see how BPO is giving place to a new name i.e. KPO. World economy is opening up.

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