Globalization trends, improvements in worldwide IT services, as well as cost-cutting pressures have together compelled many companies to examine global opportunities for sourcing some of their IT operations and developments. Outsourcing is the latest buzzword these days, as more and more cost and quality conscious businesses all over the world are turning to destinations like India for outsourcing their IT needs. So, what exactly is outsourcing and what are the benefits of having an offshore partner?
Outsourcing refers to the way in which companies entrust the processes of their business functions to
external vendors. Any business process that can be done from an offshore location can be outsourced.
This includes functions like IT Services, BPO, KPO, Accounting, Law, Financial and many more.
This article highlights the benefits of outsourcing and the value proposition offered by Think Future Technologies, a global QA & Software services provider (www.tftus.com).
Since 2006, TFT is helping global companies to get out of hibernation into new speculation and activity.
Tftus success drivers for going overseas were typical: We sought to reduce costs, speed time to market
with global 24/7 work schedules, free-up internal staff, gain immediate access to skilled staff, and dip
into a flexible pool of workers that could match the flow of business needs.
TFT worked with outsourcing partners in US, Europe, Australia and Israel—where our initial manpower count of 15 grew to 150+ technical resources. We handled major projects for testing, development and mobility, which included test-plan development, automation and execution, end-to- end testing, and product feature extensions. The fact that the remote teams grew to carry nearly full of all product development and testing efforts in TFT itself which indicated substantial difference in production as well as profits.
Every technical project to be undertaken; may requires skills that your staff does not possess. With TFT outsourcing services, you no longer need to invest in recruiting and training expensive resources for your business. As an IT service provider we take care of the resourcing needs with their pool of highly skilled resources. The resources employed by TFT are well educated in the respective business areas and are experienced in handling the technical business needs of companies that want to outsource. Further, TFT employs world class practices perfected over the years by catering to customers around the globe.
In rapid growth periods, the operations of a company will also expand. This expansion may start to consume resources at the expense of the core activities that have made your company successful. Outsourcing will allow refocusing on those activities that are important without sacrificing quality or service in your organization.
Today’s technology can change quickly. Unless technology is your area of expertise, your outsourcing
providers are more qualified and equipped to adapt to these rapid changes and can assume and manage
the risk that comes with them. As an IT service provider, TFT holds the infrastructure and service level
agreements that allow clients to realize the uptimes and system resiliency.
Periods of high employee turnover will add uncertainty and inconsistency to the operations. Outsourcing your IT related requirements will provide a level of continuity to your company while reducing the risk that any substandard addition to the company.
It can cost your firm unnecessary time and money to find, hire and train an entire in-house IT staff. As an IT service provider, we are responsible for staffing the right people and keeping them trained on the latest technology and best infrastructure. TFT invests a significant amount of time and money to make sure our technical knowledge is thorough and up-to- date.
Cost-cutting is the most common reason why maximum of companies choose to outsource. TFT can cut
your capital costs by reducing the amount of internal equipment such as servers, software costs,
desktops, infrastructure required to keep your information systems running smoothly or needed to roll
out new IT solutions.
Increase efficiency! Probably may not be your core competency and, therefore, you may not make most efficient use of time. But it is the core focus of TFT as your IT outsourcing provider, whose cost structure and economy of scale can give your organization an important competitive advantage. At TFT, we are generally able to provide a whole staff of proficient IT professionals with varied areas of technical expertise for the cost of a single in-house employee. Reduce overhead cost; it can cost your organization unnecessary time and money to find, hire and train an entire in-house IT resource. At TFT, we are responsible for staffing the right people and keeping them trained on the latest technology. TFT invest a significant amount of time and money to make sure their technical knowledge is thorough and up-to- date.
While you outsource your business needs to TFT, we bring years of experience in business practices and expertise in delivering complex outsourcing projects. Thus, we can do the job better with our knowledge, years of experience and understanding of the domain. This leads to an increase in productivity and efficiency in the process thereby contributing to the bottom-line of your company.
Starting new IT projects can take weeks or months to handle internally, between hiring and training your people and determining hardware or software needs and procuring all the necessary resources. As an IT service providers, we are versed with knowledge, experience, and resources to start new projects immediately. By utilizing different engagement model, new software projects can be rolled out more quickly with minimal capital expenditures. For example, a particular line of business application could be tested in a hosted model with minimal upfront costs and with reduced exposure to the risk of a solution that doesn’t work. If the application is a fit and solves the business needs, it could be brought in-house or rolled out company-wide after it has been proven successful. Once your project is completed, you can now release the resources
The quality of services of TFT has always been impressive, with increasing rate pressure and assigned work, we used to add more and more shadow resources, who are already been trained on client’s project. TFT works on right combination of talent stabilized turnover and team satisfaction.