Outsourcing vs offshoring: often used interchangeably. However, it's important to understand their unique meanings and implications. These slides illustrate will help you understand Outsourcing vs Offshoring.

1. OUTSOURCING VS OFFSHORING:
OUTSOURCING VS OFFSHORING:
WHAT YOU NEED TO KNOW
WHAT YOU NEED TO KNOW
World-Class Talent in Bangalore | India
World-Class Talent in Bangalore | India

2. Hiring external companies (local or
international) for non-core tasks, while
focusing on your core competencies.
Relocating business operations in a foreign
location to benefit from various factors like
cost, talent, or market access.
World-Class Talent in Bangalore | India
World-Class Talent in Bangalore | India

3. FACTORS TO CONSIDER WHILE
CHOOSING DEVELOPMENT PARTNER
NATURE OF WORK
Close collaboration,
rapid iterations,
customization, time-
sensitivity.
CULTURAL FIT COMPLIANCE
Partner who aligns with
your organization's
work style and
communication
preferences.
Ensure that the chosen
partner complies with
industry regulations.
World-Class Talent in Bangalore | India
World-Class Talent in Bangalore | India

4. STEPS TO CHOOSE YOUR OFFSHORE
DEVELOPMENT PARTNER
Evaluate which tasks or operations can
be effectively outsourced or offshored
without compromising quality or core
business functions.
Conduct a thorough analysis - consider
factors such as labor costs,
infrastructure expenses, and potential
regulatory compliance costs.
01.
Assess Your Needs
02.
Cost-Benefit
Analysis
Identify potential risks associated with
both outsourcing and offshoring,
including geopolitical risks, cultural
differences, legal compliance, data
security, and intellectual property
protection.
Look for companies with a proven
track record, relevant experience,
strong references, and a cultural
fit with your organization.
04.
Research Providers
03.
Evaluate Risks
Establish clear communication channels
and protocols with your chosen
outsourcing or offshoring partner to
ensure transparency, collaboration, and
effective project management.
Negotiate detailed contracts that
clearly outline expectations,
deliverables, timelines, pricing
structures, quality standards, and
confidentiality agreements.
05.
Establish
Communication Channels
06.
Negotiate
Contracts
Continuously monitor the performance of
your outsourcing or offshoring partner.
Implement regular reviews and
performance evaluations to address any
issues promptly.
07.
Monitor
Performance
World-Class Talent in Bangalore | India
World-Class Talent in Bangalore | India

5. INDIA HOT DESTINATION FOR
OFFSHORE SOFTWARE DEVELOPMENT
World-Class Talent in Bangalore | India
World-Class Talent in Bangalore | India