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Outsourcing and Offshoring in the 21st Century

By: Harbhajan Kehal Varinder P. Singh

The current stampede toward outsourcing and offshoring should come as no surprise. Today outsourcing and offshoring is one of the best ways for companies to cut application development and maintenance costs, deal effectively with the software demands and focus on more strategic work. Depending on whom you ask, anywhere from onehalf to two-thirds of all Fortune 500 companies are already outsourcing and offshoring to China, India and other countries. If companies are not already sending some development or maintenance work to Beijing, Mumbai or Chennai, chances are they’re either looking into it or their financial department is asking why they are not. Now from the economic pe...