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Future Belongs to Outsourcing
By Cathy Brown Offshore outsourcing is the practice of hiring an external
organization to perform some business functions in a country other than
the one where the products or services are actually developed or manufactured.
This practice gave birth to different Offshore Outsourcing Companies. The
functions are performed through these offshore outsourcing companies which
are in a foreign country. Opponents point out that the practice of offshoring
or outsourcing by countries with higher wages reduces their own domestic
employment and domestic investment.
Many customer service jobs as well as jobs in the infotech sectors (data
entry, computer programming, and customer support) have been outsourced
by countries like United States and the United Kingdom - to offshore outsourcing
companies especially in India.There are different views on the impact on
the various societies affected, which reflects the attitude of Protectionism
versus Free Trade. Some feel that offshoring or outsourcing is a potential
threat to the domestic job market in the developed world and ask for government
protective measures, while others, including countries like India that receive
the work, see offshoring or outsourcing as an opportunity.
But whatever it is the offshore outsourcing companies in India have a very
strong hold in the international market as it fulfills the supply chain
cycle.Offshore outsourcing companies that deals in all sorts of outsourcing
jobs related to IT oriented jobs, like: Offshore dedicated resources, Process
outsourcing, Software development, Mobile Application and Web Solutions
are numerous in India. And the main reason behind is not 'Cost effectiveness'
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