The growing popularity of IT outsourcing/outstaffing services is attributable to a wide array of staffing solutions offered by managed IT service providers with a reliable pool of experienced and skilled IT specialists. In recent years, some of the most commonly outsourced IT functions include web development and hosting, database development and management, software and application development, overall infrastructure management, and technical support. Today, businesses operating across different industry verticals have the option of outsourcing their critical "non-core" tasks to a dedicated offshore development team so that they can focus on lean operations and revenue-generating activities like sales and R&D. Considering the long-term implications of COVID-19, we have identified the key benefits of IT outsourcing/outstaffing services for businesses in 2021.
Focus on process-driven essential tasks
Some of core business activities that an enterprise needs to really focus on include finances, human resource management, lead generation and conversion, and client fulfilment. All the aforementioned functions require dedicated in-house resources for a company to compete and stay relevant in the market. For instance, the employees in the Human Resources (HR) department must work on essential process-driven tasks such as maintenance of records, development of employee engagement initiatives, and administration of benefits. Relying on outstaffing suppliers for professional support to handle specialized IT functions allows the HR professionals to focus on high-value tasks that need their immediate attention. IT outsourcing/outstaffing services also allow forward-looking enterprises greater leeway in fine-tuning high-value services, which have the potential to drive their business during a pandemic-induced global recession. In addition, outsourcing IT services such as software development enables companies to speed up their product delivery without worrying about talent crunch.
Sustainable IT cost optimization
Staffing costs are known to account for as much as 40% of a company's IT spending and such expenditure commitments during a pandemic can derail objectives associated with improving service quality and operational agility. According to a biennial survey by Deloitte, companies operating in the post-pandemic world will have to adopt new outsourcing strategies with a focus on risk management and cost optimization to ensure a resilient future. By hiring an outsourcing/outstaffing company in India (hyperlink "outstaffing company in India" with http://pganalytics.in/), you can have access to high-quality IT talent at a much lower cost, which will allow you to preserve monetary resources that can be diverted to mission-critical operations and business continuity plans. Thus, IT outsourcing and offshoring will emerge as a key cost-cutting initiative for organizations looking to strengthen their IT operating model in a pandemic environment.
Access to cutting-edge digital resources
Partnering with an outsourcing expert that understands your enterprise's unique demand for IT talent and sophisticated digital services is crucial to the digitization of your customer journeys. Outsourcing vendors often offer a combination of quality hires with years of hands-on experience in handling state-of-the-art digital resources used to build plug-and-play solutions that support agile operations. Thus, it will be imperative for evolving businesses to team up with a reliable outsourcing supplier to have access to the latest digital resources, which will prove crucial in powering through these uncertain times.
Hiring talented outsourcing teams for critical tasks
The lack of access to specialized IT expertise is often detrimental to the overall strategic goals of an enterprise. The companies offering outsourced recruiting services have an existing database of experienced and skilled IT specialists who are ready to join a project immediately. For instance, tasks such as improving the functionality of an application or building a web platform can be assigned to remote developers hired through outsourcing vendors that offer 24/7 services. By creating a sound service level agreement (SLA) and monitoring the performance of third-party outsourcing/outstaffing vendors through regular audits, businesses can measure vendor success and make informed decisions.
COVID-19 & business continuity plans
In the face of pandemic-induced uncertain times, businesses are prone to staffing challenges that can potentially debilitate their business continuity plans. Also, high-cost internal resources add to the staffing costs. The pandemic has had an adverse impact on the budget and resources required to manage business operations, which can easily be addressed by low-cost alternatives such as IT outsourcing/outstaffing for a plethora of IT functions. Some of the critical tasks associated with smooth business operations include deploying support services, scaling up IT infrastructure, and following up with existing clients. IT outsourcing/outstaffing vendors offer sophisticated digital services and ad hoc external staffing services at reasonable rates, which can aid businesses in adopting strategies for surviving the impact of COVID-19 and ensuring sustained growth. In addition, outsourcing/outstaffing enables a company to have access to skilled IT specialists who bring in a fresh perspective to unblock bottlenecks and give the enterprise a productivity boost.
PG Analytics realizes the immense potential of AI-powered technology solutions, and therefore, is committed to developing and delivering best-of-breed software and mobile applications. So, reach out and get in touch with us today for your IT outsourcing/outstaffing and end-to-end project management requirements.
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