Outsourcing Software - Go for IT!
Michalis 'BIG Mike' Kotzakolios


Defined Tag: Outsourcing Software.

Sati, a fictional character in the sci-fi flick "The Matrix Revolutions" is named after a Hindu or an Indian deity. In the movie, her father Rama-Kandra, in exchange for some deletion codes, smuggles Sati into the Matrix, where she is put under the care of the Oracle, as her protégé. Outsourcing software is more or less similar, wherein multinationals or Oracles like IBM, Microsoft or Dell outsource some of their development needs to Sati or Indian I.T. companies like TCS, Wipro or Infosys.

Earlier, outsourcing software implied contracting offshore or overseas tech companies (mostly Indian) for handling non-core operations. With the Indian IT companies rapidly moving up the value chain, this situation has dramatically changed. These days, 260 of the Fortune 500 companies trust Indian tech companies such as Infosys or TCS to design, create, maintain or reengineer their core IT architectures and systems. The tremendous respect Indian IT companies inspire is amply reflected in their market capitalization. Even though their revenues are around US $2 billion, the market cap of these companies stands at over US $20 billion, overtaking global tech giants like Accenture and Adobe.

Many small, mid-sized and large corporations consider outsourcing a viable alterative today. Outsourcing software is a strategic initiative to reduce costs and access intellectual resources not available in-house. Outsourcing software development has become a prominent business practice in which companies contract all or part of its development needs to offshore developers. Outsourcing nowadays consists of several different functional areas, shapes and models, and may engage the services of two or even more companies in joint projects.

Outsourcing may involve business process outsourcing (BPO), application service provider outsourcing, software development outsourcing etc. The development work can be performed either on-site (on customer premises), off-site (on different locations) or offshore (in countries with lower taxes and operational costs).

Global software development is imperative for market expansion and outsourcing development needs has become a way of life. IT companies in countries like India have thoroughly demonstrated their skills in successfully handling complex domains. The in-depth understanding of various industry verticals enables these companies to provide innovative and end-to-end technology solutions.

BIG Mike is a well known author, developer and Adsense expert as well as the owner of Niche Maniacs - a unique Adsense Marketing System designed to build long-term passive income streams from Adsense, Amazon, YPN, Chitika and other PPC services.