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For most business organizations across the globe, offshore outsourcing is an interesting option, but they are reluctant to explore this option.

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“I called the tech line here [at NBC],” Jay Leno once recalled, “and I got a guy in India and I said, ‘Thank you, what’s your name?’…

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FYR: IT Outsourcing Market Reports

Outsourcing is a strategic management model wherein business processes are transferred to another company. The concept is: to let a third party service provider perform the management and/or day-to-day execution of one or more business functions.

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The emergence of Information Technology Outsourcing (ITO) in the 1980s and Business Process Outsourcing (BPO) in the 1990s saw U.S.-based firms strike a slew of mega deals.

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The director of Microsoft Ukraine believes the nation will play a big role in software development. During his interview with the Kyiv Post, Franke said that Ukraine has the potential to become a second India in software development outsourcing.

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Esquire magazine’s A.J. Jacobs once hired an assistant, Asha, from an Indian outsourcing firm called Your Man in India to do some online shopping and other mundane tasks.

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Application Service Provider (ASP); Business Process Outsourcing (BPO); Competitive Insourcing; Contract Manufacturing; Co-Sourcing or Cosourcing; Facilities Management; Insourcing; Nearshoring; Offshoring; Service Level Agreement (or SLA); Shared Services.

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Choosing a company to outsource to is very different from choosing an ordinary supplier. You’re embarking on a long-term relationship, so take your time.

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The mistakes organizations make when implementing and managing offshore and outsourcing initiatives can be understood in the context of the seven deadly sins. Offshore outsourcing, offshore development and moving jobs offshore can have significant cost reductions when adopting a fix and mix approach.

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