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Why Your Startup Can’t Afford Not to Outsource

For startups, time is of the essence. To be successful, a startup must be able to grow quickly and also efficiently. This can become difficult because it contradicts another key element of startups, they are typically very small. A startup first begins with an idea, and often that idea comes from just a single person. Expecting one person alone to carry their idea all the way through is unrealistic. No matter the manner of your new businesses, everyone could use a little help sometimes. That is where outsourcing comes in.

How Outsourcing Will Make Your Startup Successful

You have an idea. You know what you want that idea to grow into. And you know what kind of effect you want it to have. What you don’t know is how to connect all those lines of possibility. An outsourced team could help transform all of your ambition into action. They have experience taking broad concepts and breaking them down into a grounded framework that leads directly to positive outcomes.

Some of the most well-known businesses today got where they are now by utilizing the assistance of outsourced teams. Skype is now a staple among the video-chat and telecom technologies. In the early 2000s, founders Friis and Zennström reached out to teams in Estonia to help develop their product. According to Gigster, on release day in 2003, 10,000 people downloaded Skype, and by 2011 it was sold to Microsoft for over $8 billion. Without the help of outsourcing, who’s to say where Skype would be today.

Saving Time

In the competitive world of startups, time is irrevocably intertwined with money and outsourcing is a huge time saver. If there is ever an startupopportunity to conserve time and money in one then you should fully embrace it. It will cost less to use an outsourced team rather than hire on a group of full-time employees. It will also eliminate the training of those new employees. Outsourced employees already have the talent and ability to carry out the work that needs to be done to make your new business a success.

In an article describing various businesses who outsource, John Rampton of Entrepreneur said, “Low costs and knowledgeable talent means you can get infrastructure developed faster and your company launched sooner.” Often new ideas, especially within the tech industry, are extremely time-sensitive. You want to be the first to market before anyone else has the opportunity to develop the same, or similar, concept. There’s a much better chance your product will be polished enough to quickly release it to the public when you outsource work. 

Accountability & Reliability

Outsourcing is helpful in terms of getting your new business started and running smoothly, but long term usage can also be extremely beneficial. When you use the help of an outsourced team at the beginning of your business, they will be well versed in the product and how to keep it working well and ways in which to improve it. This is a team already familiar with the processes and methods that your business uses and could be of great assistance in maintaining its success.

Here at Number8 we understand the needs of new businesses and the many benefits of partnering with outsourced teams. Read more about us and the services we offer here, or give us a call at (502) 890-7665.

3 Trends in Global IT Outsourcing

Global IT outsourcing is a common practice for many different industries. Not only do American companies outsource information technology to countries like India, Japan and China, but several European companies are making the transition to global information technology outsourcing as well.

This movement towards IT outsourcing is often decided based upon a number of factors including: available resources, costs, needs, talent and time. Instead of hiring and managing employees here in the states, many find it increasingly convenient to reach out to foreign companies to supply the workforce. Global-Trends-in-IT-Outsourcing-min

Additionally, tech industries (like software development, web design and engineering) require a specialized set of skills. For in-demand skillsets such as these, global outsourcing may be more a necessity than an optional choice since it can be very difficult to find available local talent.

When it comes to global IT outsourcing, a growing number of options are available. In the past, certain regions like India tended to be recognized for offshore talent. Yet in recent years companies specializing in IT outsourcing have opened in a variety of regions.

IT Outsourcing – 3 Global Trends to Understand

For those interested in the global IT outsourcing, there are some trends to be aware of this year. If your company is already engaged in outsourcing or is considering this option, here are three things to understand:

1. Technology Standardization: With cloud storage, phone technology, and the popularity of .net software development, there is a greater standardization in the approach companies use to manage technological needs. Many companies are spending less on tech support costs due to an increasingly tech savvy consumer base, and other types of customer service assistance for consumers and employees.
2. Data Protection and Tracking Services: Global outsourcing can be a little intimidating for some companies and organizations. Protecting private information seems to be more difficult and more important all of the time. It is reassuring to learn that global IT outsourcing companies are taking extra precautions to protect sensitive and private information. Along with privacy initiatives, global outsourcing has begun to not only provide data and information, but also answers detailed analytics. This information is becoming increasingly valuable for insight and research into consumer behavior.
3. Moving Nearshore: While there are a number of benefits to outsourcing IT services offshore, many companies are moving closer to home by choosing nearshore companies. This transition is resulting in reduced costs, more frequent and open communication, fewer time constraints and greater collaboration. American companies turning to convenient locations like Costa Rica, Venezuela and Brazil to find top-notch technical talent. These countries are close in proximity, operating in similar time zones to the U.S. and with very high rates of English fluency.

The 2016 Trends in IT outsourcing are proving to be successful for many American companies. The move to collaborate with offshore IT talent is becoming increasingly commonplace in today’s global economy. And IT outsourcing offers a particularly compelling opportunity for companies interested in saving money, increasing efficiency or expanding aggressively. For more information about outsourcing information technology services to Costa Rica, give number8 a call now at 502-890-7675.