I have a very close friend “Smith” in the United States. He runs a mid-size company and has a good business set. But he was not an odd man out in this crunching economical situation. Out of 115 people working in his firm, he had to lay off 45 people to balance with regular expenses and fixed costs, and the dropping business.
Smith is not the only case. Many small and mid-size businesses have been affected harshly along with the big players in this downturn period. Business outsourcing, as we all know, has been an integral part of business strategies all the time for many.
But this vulnerable market situation has again made Outsourcing as one of the most important strategies in this slumping economy. Rightly pointed out in an article in CNN Money (Ref: http://money.cnn.com/2008/11/10/smallbusiness/outsourcing.smb/index.htm?postversion=2008111106, titled: Overseas outsourcing heats up again), Outsourcing cut costs greatly. This article showcases the examples of the Business owners who have rightly and successfully implemented the “Outsourcing strategy” to fight with this fluid economy. One of the business owner (outsourcing to India) remarks: "Its typically 70% more expensive to do work in the U.S. than in India" People have cut off their costs as high as 75- 80% outsourcing their work.
The classic example that I can showcase is our own Software Development Company. We have seen an increase in the number of Project inquiries for Web Design, Web Development, Software Development and Search Engine Optimization Services. We are an Offshore Software Development Company having a great proficiency in Software development using the state-of-the-art technologies. We have expertise in ASP.Net, C#, Ajax, Dot Net, Java, iphone/ Android/ Mobile Application development, PHP, LAMP, OsCommerce, Magento eCommerce Development, Coldfusion, Joomla, DotNetNuke, Oracle, etc.
Not only the end-clients, but also the IT software and media companies in USA and Canada are outsourcing their Development Projects with a large flow of companies, since we have a good reputation in the Industry.
We are a Microsoft Gold Certified Partner. We also partner with Microsoft, IBM, Java, Oracle, Linux, SAP and Red Hat. We partner with many Software Development Companies and help them in their process for software development.
Outsourcing really helps in this critical situation. As mentioned in the article I have referred above from CNN Money, Luu (one business owner) agrees: "I used to have to pay salaries, insurance and workers compensation, even when there was no work, but now I only pay when there is a project."
Apart from cost-cutting, the important benefits are a great talent pool at competitive rates and immense peace of mind if you get a good firm to outsource your projects.
My friend Smith has increased his business leads to 30% than expected just by remodeling his business strategy to Outsourcing. He is able to go for more business with low costs.
Outsourcing has played important role in changing the destinies of many businesses even in the most downturn period. For more details on Software Outsourcing India or Software Development, Web Design and Development, SEO, please enquire with KJ on 201-777-2366, or simply email KJ at kj@semaphore-software.com.
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