
Top 10 Outsourcing Myths to Debunk in 2023

Many people assume that IT service outsourcing means lower-quality work. This is not necessarily true, as many highly skilled developers work in countries such as Eastern Europe.
Many people assume that IT service outsourcing means lower-quality work. This is not necessarily true, as many highly skilled developers work in countries such as Eastern Europe.
92% of G2000 companies use IT outsourcing. The figure nears 100%! According to a new study by Grand View Research Inc, the global business process outsourcing market is going to reach $525.2 billion by 2030, growing at a CAGR of 9.1%.
Global digital transformation accelerates IT outsourcing. Businesses increasingly go digital and require variable IT services from programming and application development to maintenance and technical support.
Until recently when it came to software development pricing, the two most popular models were the Fixed Price and Time and Material. Each of the approaches has its welfares and weaknesses.
Thanks to the spread of the English language and several voice and text messaging tools available, the communication barrier between business owners and their offshore software development teams is less of a problem nowadays. As you know, the key advantage of outsourcing is cost reduction, and the best quality-price ratio is offered in Eastern Europe, particularly in Ukraine.
So, you have decided to digitize your business. But who to entrust this major challenge with? Assuming you are not going to transform your firm into a web-dev, you need third-party IT specialists. The practice is common nowadays.
One minute of Amazon’s downtime will cost its owners at least $66,000. The larger the project, the higher the cost of errors that cause incorrect resource operation. While no one is immune from force majeure, it is still cheaper to prevent a problem than to deal with consequences.
GitHub is the world’s largest hosting service for storing and working with IT-projects, but that’s not all. The resource cooperates nearly 24M developers and more than 100 thousand organizations.