Wikipedia:
“Outsourcing refers to the delegation of non-core operations from internal production to an external entity specializing in the management of that operation. Outsourcing is utilizing experts from outside the entity to perform specific tasks that the entity once performed itself. “

10 reasons for outsourcing:

1. Cost savings. The lowering of the overall cost of the service to the business.
2. Cost restructuring. Compares fixed costs to variable costs, outsourcing changes the balance of this ratio by offering a move from variable to fixed cost and also by making variable costs more predictable.
3. Improve quality. Achieve a step change in quality through contracting out the service with a new Service Level Agreement.
4. Knowledge. Access to intellectual property and wider experience and knowledge.
5. Staffing issues. Access to a larger talent pool and a sustainable source of skills.
6. Capacity management. An improved method of capacity management of services and technology where the risk in providing the excess capacity is borne by the supplier.
7. Reduce time to market. The acceleration of the development or production of a product through the additional capability brought by the supplier.
8. Risk management. An approach to risk management for some types of risks is to partner with an outsourcer who is better able to provide the mitigation.
9. Time zone. A sequential task can be done during normal day shift in different time zones - to make it seamlessly available 24x7.
10. Operational expertise. Access to operational best practice that would be too difficult or time consuming to develop in-house.


Typical outsourcing projects:

• Application Re-Design
  
• Application Conversion (e.g. New technologies)
  
• Application Support and Maintenance
• Application Development

Other projects/solutions that are easy to outsource include:

• Applications where often new software modules require ongoing development
• Once in a life time custom projects – customer focused.
• Small scale customized work (fast time to market required)
  

Share Dimension competitive rates and flexibility in expanding/down sizing on demand makes it your perfect partner for your research and development needs.
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