TeleGiants BPO has been outsourcing software development service and we’ve become intimately acquainted with the process for determining whether or not to outsource. The most common reasons why companies outsource:The company or project is lacking in software development bandwidth, and need to scale an engineering team quickly to meet market pressure or a tight product deadline. The company seeks to improve its cost structure by outsourcing its engineering tasks to parties in lower cost countries (hence they are effectively outsourcing by offshoring). Because of the competitive nature of the industry, the company is unable to recruit the right talent or is unable to effectively retain the right talent. Reasons for which it decides to retain a third party that has managed to recruit and train the right talent.
