Outsourcing is the new buzzword in the business world today. Every year we see more and more companies adopting this trend for different areas of their businesses and IT being the most common.
Areas like software development, Auto CAD design, Digital Marketing, Web development, engineering etc see more and more companies adopting this trend because of the ever growing demand for skilled and qualified professionals. This is especially true in countries like US, Europe and Canada where skilled professionals charge exorbitantly for these services. Moreover it’s not always easy to find the right professional to hire in-house.
Therefore companies look to outsource these services to companies who are have the workforce and the capability to carry out such tasks in return for a fee. This not only works out cheaper than managing tasks in-house but also gives them access to a large talent pool of skilled professionals from a distant location or geography at almost fraction of the cost. However the cost involved depends obviously on a lot of factors like geographical location of the workforce, manpower required, infrastructural support needed, level of expertise for the task etc.
As far as cost is concerned, one needs to be mindful of the country where the outsourcing company is based. For instance, a company in US would definitely benefit from outsourcing the task/project to a company from countries like India, Philippines, China etc as skilled labour is cheaper in these countries than in the west.
Here are some of the top countries you can consider for outsourcing your IT functions:-
India
India continues to enjoy the top position amongst outsourcing destinations in the world for decades. Huge pool of skilled and competent professionals, high standards of education, cultural compatibility and English speaking population are just some of the reasons which make India a favourite destination for companies looking to outsource their services. Further rise of BPO and KPO with excellent infrastructural support and a pool of talented professionals contribute to delivering excellent services to companies from abroad in numerous fields.
China
Next in line of outsourcing destinations is China. Its increased stress on improving business and political environments has made it a competitive destination for outsourcing. With the largest population in the world, China too has a large base of talented professionals capable enough to offer their services to international businesses at a competitive rate. Language barrier and cultural incompatibility are a drawback but advancement in its services has made it a competitive market at par with India and others.
Malaysia
A relatively new entrant, Malaysia has slowly made its place amongst outsourcing destinations for smaller and mid-sized companies. Malaysia does not boast of a huge talent pool of professionals like India or China but a vibrant IT industry in the country does produce talented developers capable of competing in the international market.
Ukraine
– The Ukraine government’s stress on higher education in the country has produced a thriving tech industry. Also statistics prove that Ukraine produces largest number of C++ programmers globally. English may not be their spoken language but a large section of their working population speaks English which makes them capable of competing in the international market with countries like US, UK, Canada etc. Moreover, Ukraine has a time zone overlapping with that of UK and other European countries which again make it easy for Ukrainians to render their services to countries like UK, Europe etc.
Philippines
Philippines may not top the list in terms of skills and qualification like other countries on the list however with the largest English speaking population and low value of its currency Peso, makes it an attractive destination for outsourcing as far as simple projects are concerned. For more complex projects, you might want to consider countries like India, Ukraine etc.
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Romania
Romania boasts of tuition-free and an egalitarian system of education which has given birth to one of the most diverse tech scenarios in Europe. According to a survey by the Hacker Rank programming tests, Romania ranks 20th in terms of its developers. Not only that, Romanian government has invested heavily in terms of IT infrastructure in recent years making it a destination of choice in terms of financial attractiveness, skills and availability, overlapping time zones with Europe and US, not to mention widely spoken foreign languages like English, Russian, German etc.
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There are many offshore IT solutions company willing to offer their companies on a global scale. However companies willing to outsource IT functions need to take a mindful decision keeping different parameters in mind like costs, quality of skilled labour, time zone, conditions of outsourcing, time zones etc. Depending on the geographical location of the company, you have many countries to choose from. Once you have zeroed down on the destination, you can then choose and filter the companies to outsource your functions to.
About Author
Anupam Rajey is a seasoned marketer and a sales expert. He is the CEO of Acelerar Tech, a leading KPO that offers virtual assistant services for social media, Internet research, Amazon Product Listing Services and more.
