| Outsourcing Software Development: |
| Outsourcing is a broad term in itself but most basic outsourcing is simply the farming out of services to an external service provider or a third party. Outsourcing involves transferring responsibility for carrying out an activity previously carried on internally by regular employees to an external service provider. The service provider in turn provides services back to the customer against agreed service levels for an agreed charge. |
Software Outsourcing Services: |
| Due to lot of competition in this world and every industry wants to be very competitive in every business and so is IT software industry. To cut off the labor costs, IT software companies are increasingly outsourcing their jobs to developing countries in Asia, Latin American, Africa and Middle East. Since "money saving" is the prime objective of IT software firms, it is estimated nearly 50% of IT software jobs being outsourced to developing nations. |
Contracting with an External Service Provider to: |
| |
1. |
Develop complete or partial software products projects. |
| 2. |
Purchase of packaged or customized package software products. |
| 3. |
Activities to aid in the software development life cycle -specialized technology, testing, implementation, architecture etc. |
| |
|
|
|
