Due to the strong rivalry in the technology sector, more organizations are actively engaging in outsourcing IT services in Bangladesh. Five benefits are discussed here.
2. What is the definition of
Offshoring?
Offshore IT services can also be thought of as shifting
business processes overseas. It is popular because it brings
a lot of benefits to the businesses that use it.
3. Global Offshoring Scenario
▪ Offshore IT services appear to be dominated by
Asia and Eastern Europe.
▪ In the outsourcing of software development
services, Asian countries like India and the
Philippines, as well as Ukraine and Poland in
Eastern Europe, are in the lead.
4. 5 key Benefits of Offshoring IT Services
• Reduced costs
• Increased Savings
• Skilled IT Professionals
• Improved IT Services
• Affiliate with Other Businesses
5. 1. Reduced costs
Use IT workers from nations with large
populations of highly qualified and
professional individuals for a lower
cost.
6. 2. Increased savings
Reduced expenses lead to more
investments in other critical business
areas Thus, making money from
sound investments is easier.
7. 3. Skilled IT professionals
Businesses may get their jobs done more
effectively and efficiently with the
assistance of outsourcing services.
8. 4. Improved IT Services
Using offshore IT services can also mean
providing around-the-clock support. This one
benefit makes the project very convenient and
excellent.
9. 5. Affiliate with Other
Businesses
Engage in Business Partnerships: The
project and the offshore service provider
both benefit from accomplishing the task
with maximum efficiency, determination,
and success, and as a result, a long-term
partnership is formed.
10. List of Few Global Companies which Offshore
Many technological behemoths have entered the offshore market. Payoff has additionally aided them in growing their business in
the most efficient and effective manner possible. A handful of well-known multinational corporations engage in offshore activities.
IBM Ford Motor Company
Apple JPMorgan CHASE
Microsoft General Electric
11. Future of Asian offshore IT services
India has shown its strength in offshore IT services, specifically in Asia. The
future is about to take a turn. In Bangladesh, BJIT has provided cutting-edge
technology solutions to customers, among which are various current
software development solutions.