Outsourcing is the strategic approach to involve outside team to perform a task or project.
Outsourcing helps businesses to deliver projects on time & the specialized service providers help in the growth of the company & ultimately becoming a business partner. In some cases we may also opt for transfer of employees from the company to the outsourcing company to provide them service.
Why you should outsource :
To reduce operating cost
To focus on the core work of your business
Off shore outsourcing of software development helps in reducing the cost
Streamlining or increasing efficiency for time-consuming functions