OUTSOURCING is a latest buzzword these days. It is not only about saving money and reducing work pressure, it’s something more than that. Now a days, more and more cost and quality conscious businesses all over the world are turning to destinations like India for outsourcing their business processes.

Immediate benefits can be gained by outsourcing IT services through managed services.

Here are some core benefits we can gain through outsourcing some of our IT projects:-

1) Cost Efficiency-

Why would we outsource projects when we have basic or proper infrastructure? But did you ever think that if you need to get a job done at 1000 USD the same job could be done at 500-600 USD in India with same graded quality of work and services? Is not it profitable? Due to the difference in wages between western / European countries and Asia, the same kind of work that is done over there can be done in India at a fraction of the cost. There is a cost savings of around 60% by outsourcing your work to India. Plus, the quality of the services provided is high thereby ensuring that low-cost does not mean low-quality.

2) Reduce Labor Costs-

Hiring and training an IT staff can be very expensive, and temporary employees don’t always live up to your expectations. Outsourcing lets you focus your human resources where you need them most.

3) You are a Client-

Here you are not a service provider. The company or team you’d hire is bound to meet all your requirements within a deadline.  You won’t have to introduce your client to that company, you’ll be the bridge here. All your responsibilities will be sending the requirements to the company, communicate with the client and split the profit. Thats it.

4) Focus on core areas-

Outsourcing your business processes would free your energies and enable you to focus on building your brand, invest in research and development and move on to providing higher value added services. You will be able to brainstorm new gameplans to grow your company instead of killing your brain to meet client’s requirements.

5) Save on infrastructure and technology-

Outsourcing eliminates the need for investment in infrastructure as the outsourcing partner takes the responsibility of the business processes and hence develops infrastructure for the same. That way you’ll also be able to save your hard earned money.

6) Access to skilled resources-

You no longer need to invest in recruiting and training expensive resources for your business. Providers like ”XYZ” take care of the resourcing needs with their pool of highly skilled resources. All you need is to find a right guy who is honest, keep promises and be in your touch.

7) Time zone advantage-

Apart from the cost advantage, the other much touted benefit has to do with the time zone differential between your country and the location you are outsourcing to. Get your job done while you are closed for the day and wake up to your service being delivered the next morning. This unique advantage gives you the benefit of round-the-clock business operations and helps you to maintain your GOODWILL with your client.

8) Faster and better services-

Make your service offerings better with high quality deliverables and decrease the lead time it takes for your product to reach the marketplace. Thus you would be faster in getting your ideas converted into products and better at delivering the value-added proposition.

What is the main challenge is the Vendor Selection Process. It can be very complicated and leads you to lost your client. So its always better to try out someone with a small project.