Why do successful companies outsource?

By Admin

The influence of technology has not been limited to how businesses deliver, but it has changed the course of how businesses operate as well. When we specifically look at the IT Sector, we can see a lot has changed in the past decade.

Amongst the changing mode of operations, outsourcing has established its prominence. According to a survey conducted by YouGov, 70% of businesses in Britain have outsourced key IT services to 3rd party companies. When looking deeper into the insights, we see a huge portion of the outsourcing pie is ruled by IT outsourcing services.

So what is it that made IT outsourcing choice for every business to succeed? What are the underlying benefits that outsourcing has over brewing everything in-house? Let’s find out.

  1. 1. Easy association with expert knowledge

    Talent acquisition is the most challenging part when it comes to IT companies. For businesses to succeed, it is of the highest priority to have expert knowledge. Accessing expert knowledge gives a cutting edge to businesses over their competition.

    Whether it is a consultant or a dedicated team, having expert knowledge at your disposal is a great business move. On top of this, no long hiring processes and no hassles for compliance.

  2. 2. Mitigation of risk

    Building an in-house team has many peripherals to be built alongside the human resource itself. Infrastructure, employee benefits, and technical systems are some of the initial items on the list.

    A huge investment has to be made whenever any business plans to build a purposeful in-house team. Outsourcing takes away the peripherals and fixed-cost investments. The post-covid scenarios demand dynamism, and outsourcing caters for that perfectly.

  3. 3. Reduced operational cost

    Hiring remote resources can give you exceptional advantages if you think carefully. First, it takes off the pain of peripheral fixed costs compared to building in-house teams.

    Furthermore, for the remote teams, there’s no limitation on borders. You can choose off-shore outsourcing and still have the expert knowledge working to deliver to you. Cross-border outsourcing to developing countries can give you the benefits of purchasing power parity.

  4. 4. Be operational 24x7

    The most powerful advantage of outsourcing is the time zone differences. You can have your business in the USA and a remote team in India. Having teams in different time zones will allow your business to provide support almost for 24 hours.

    Outsourcing IT support services this way can give you a competitive edge over other businesses.

The above mentioned is a list of some of the primary advantages that outsourcing has. The list of benefits is why large and enterprise businesses opt for outsourcing despite having huge capital and infrastructure.

For small businesses and startups, outsourcing gives you a runway for take-off to compete with large businesses.

Doesn’t matter if you are a startup or an enterprise; outsourcing is for all. At MSBC Group, we provide customised IT outsourcing solutions depending on the size and scale of the business. We aim to support business growth with our IT solutions. To know more, feel free to contact us anytime.


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