Global Information Technology outsourcing, a type of business process outsourcing (BPO), is the exporting of IT-related work from the United States and other developed countries to areas of the world where there is both political stability and lower labor costs or tax savings. Information Technology outsourcing is an arrangement in which one company provides IT services or IT solutions for another company that could also be or usually have been provided in-house. The most common processes outsourced by Information Technology Outsourcing are software development, system maintenance, core systems hosting and other systems hosting. We all know that Information technology is a critical component of business world today. If a company requires lower IT operating expenses and capital investment, improved IT service and reliability, and shortened next-generation system implementations, then the company should seriously consider outsourcing the IT solutions.
Companies are now increasingly outsourcing Information Technology on a global basis for a variety of reasons such as concern for cost and quality, lagging IT performance, flexibility and agility of response, supplier pressure and other financial factors. From those perspectives, there are some advantages that companies constantly consider to employ those global Information Technology outsource service providers.
Solution to the IT skills shortage
In the rapid change in Information Technology of current business world, most projects are about business process improvement which the internal staff may understand the existing process but have no clear idea about how to make it better or it is sometimes difficult to find people with the specific skills that some projects req ...