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Outsourcing has been the buzzword for decades and it’s only getting more popular. It’s almost annoying for those who have heard it over a thousand times, and puzzling for those who don’t really know whether or not it is the right option for them.Love it or loathe it, outsourcing has become a permanent feature of the business toolkit.It is also the reason we get to see new small businesses belting out absolutely ridiculous growth rates.
IT outsourcing involves sub-contracting certain IT functions to independent, third-party establishments or individuals, instead of keeping those functions in-house.An organization generally uses IT outsourcing for functions ranging from software development, maintenance to support.For example, a small business might outsource its IT to a third-party because it is cheaper to do so, rather building its own in-house IT team. Sometimes, an organization may even outsource all of its data storage needs because it does not want to buy and maintain its own data storage devices.Generally, large organizations outsource only a portion of Most large organizations only outsource any given IT function. Nevertheless, they choose only the top partners to work with, and for decades, India has held the top spot for most preferred outsourcing destinations.