March 29, 2017 4:25 pm | Updated 1 year ago.
Offshore outsourcing is now in focus as companies in the USA are in a dilemma whether to opt for it or not in Trump’s regime and post-Brexit. Business organizations turn towards outsourcing when they struggle with huge workloads, falling profits, and staff turnover. Businessmen before deciding to go for outsourcing needs to know the different types of outsourcing solutions available to them. The various ways of engaging in outsourcing are:-
- Internal Outsourcing – This type of outsourcing requires the hiring of an extra labor that is available locally. This extra help is generally hired on a contractual or part-time basis to share the increase in workload. These people are generally paid on an hourly basis or for the number of days of work that they put in practice has been adopted by organizations for many years. The only thing in this kind of outsourcing is that it is very expensive.
- Onshore Outsourcing – It is a procedure where services of a person or an organization are hired within the geographical boundaries of the same country. This method is generally adopted to do away with the expenditure of spending on infrastructure, hiring of staff and other expenditures related to it. Financial Institutions and even organizations involved with Healthcare generally opt for this kind of outsourcing to safeguard their data.
- Nearshore Outsourcing – This procedure is somewhat similar to offshore outsourcing. The only difference being that outsourcing is done with those countries who share a border with the parent country. This kind of outsourcing is beneficial because of the closeness that is shared between the two countries. Doing business becomes easier as the organizations involved share the same time zone, cultural, social and even economic linkages. Companies that generally prefer to lower their cost of production choose nearshoring as an option.
- Offshore outsourcing – It is the process of employing an organization to engage in work in a different country other than the country where the product and service originate. Offshore Outsourcing is preferred when there is a huge amount of difference in wage; the work is of a repetitive nature, can be easily explained and understood over the internet. Offshore outsourcing can be broadly categorized into information technology outsourcing, business process outsourcing, knowledge process outsourcing and research and development work outsourcing. Most of the countries around the globe are involved in offshore outsourcing.
D2E is a platform that provides Offshore Outsourcing ecosystem for services related to IT. It is handled by industry veterans who have been involved in the setting up of some of the largest Offshore Development Centers in the world.The company is based out of our offices in the United States and India.
D2e has partners in the USA like Affinity that offers a high level of automation in the IT offshore outsourcing domain. The companies associated with D2e are also ready to embrace the new technological changes and move in tandem with the changing political and economic scenario.