Many outsourcing companies have created beneficial outsourcing relationships with vendors. Unfortunately, there are the occasional projects that fail to meet deadlines or criteria set forth by the outsourcers. When a project does fail, there are usually numerous reasons and not just one underlying cause.
Lack of outsourcing strategy
The outsourcing company must take the time to formulate...
Effective communication is key to the success of an IT project. Communication barriers can cause serious problems for outsourcers and should be addressed at the beginning of the outsourcing relationship. Communication encompasses more than just language. Outsourcing companies must discover ways to manage the different time zones, distance and multiple locations.
Too many outsourcers...
Data security is one of the main concerns of IT managers who are outsourcing to a global sourcing provider for the first time. Intellectual property is one of the most valuable assets that a company will possess and therefore extra steps should be taken to protect it. The risk of data theft can be greatly reduced if precautionary steps are taken before sending IT projects to a vendor.
An...
The global sourcing industry continues to grow at a rapid pace and there is a lot of speculation as to what the coming months will bring. According to Gartner Research, a research analyst firm, spending on offshore IT services is anticipated to grow by 40 percent in the United States and 60 percent in Europe in 2008. Below are some of the projected trends for the upcoming months.
Countries...
Projects sent to a global sourcing provider present a unique set of challenges for IT managers. There are some significant differences when it comes to managing a globally sourced IT project versus an in-house project. By taking preemptive measures, a manager can ensure the success of the IT project.
The first step that should be taken when managing an IT project is the creation of a plan....
As the offshore outsourcing industry continues to grow, there are even more vendors in which to choose. Outsourcing companies can reap many benefits through global IT sourcing, including lower costs, the ability to get products to market faster, increased productivity and more time to focus on core competencies. To maximize the potential that global outsourcing has to offer, it is crucial to...
There has been a recent trend within the global sourcing industry. Mega IT contracts are no longer dominating the industry. More and more outsourcers are moving away from large IT contracts and instead are outsourcing to more than one vendor. This type of outsourcing is known as multi-sourcing and its purpose is to help to reduce the risks associated with using one global sourcing provider....
Most of the Fortune 500 companies are already reaping the benefits provided by global IT sourcing, such as increased productivity and lowered costs. Even though there is a lot of controversy over outsourcing, it has been shown that companies can substantially benefit from sending work to global sourcing providers. Some of the well known advantages to global IT sourcing are listed below.
...
Many people automatically think of China or India when considering global IT sourcing. However, there are numerous countries including, Argentina, Ireland, and Singapore, which have become top destinations for global IT sourcing. Selecting the right location is crucial when sending work to a global sourcing provider. The location of the global sourcing provider plays a major role in the...
Companies have been able to save both time and money through global IT sourcing. However, when considering global IT sourcing, companies need to be aware of the associated risks. Some of the most common challenges that IT managers face when sending work to a global sourcing provider are outlined below.
Employee turnover. There is a lot of competition among global sourcing providers and...
