Accuwiz Technologies Outsourcing

When your business is running twenty-four seven to come up with innovative means to maximize its potential, outsourcing isn't just an option, it is a necessity. Today, efficient business process outsourcing has become the lever to unload your organization of resource-consuming procedures and controllable costs. Outsourcing allows your organization to get relief of time and resource consuming activities and lets you focus more on core business areas

Why outsource?

	Because you don't have the time to do it yourself
	You've got a product to develop and you've got to get it into the market before your competitor does
	Because you don't have the money to do it yourself
	Your business is growing exponentially but your resources can't cope with the growth.
	Because you'd rather focus on mission-critical issues
	You're not interested in frittering away time and energy on non-core functions.
	Because you don't have the skills to do it yourself
	You need the best talent in the world, but it's scarce/out of reach/ just not available in your country

The convergent economy

In today's globalized and networked economy, outsourcing has never been so easy or made so much business sense. The question is not "Why outsource?" but rather, "Why not?"

Converging technologies of telecommunication, information technology and media have redefined the way we do business, with electronic commerce and enterprise systems becoming a way of life. Correspondingly, there has been a sharp increase in the need for qualified software professionals to manage these functions. Demand exceeds supply, and the dearth of human resources has resulted in increased personnel costs, longer time to market and longer product development cycles.

Chances are, you won't find these highly skilled people in your own backyard. Yet you need them more than ever, now that competition is swooping down faster than business opportunities are taking off. And you realize that without them, your big dreams for a flourishing enterprise could rapidly go up in smoke. But you don't have to manage all business functions in-house. Outsourcing provides a neat solution to several of your business problems.

25 reasons why outsourcing makes business sense

	Reduce overheads, free up resources
	Avoid capital expenditure
	Improve efficiency
	Offload non-core functions
	Get access to specialized skills
	Save on manpower and training costs
	Reduce operating costs
	Improve speed and service
	Establish long-term, strategic relationships with world-class service providers to gain a competitive edge
	Enhance tactical and strategic advantages
	Focus on strategic thinking, process reengineering and managing trading partner relationships
	Spread your risks
	Provide the best quality services, products and people
	Be reliable and innovative
	Provide value-added services
	Increase customer satisfaction
	Avoid the cost of chasing technology
	Leverage the provider's extensive investments in technology, methodologies and people
	Benefit from the provider's expertise in solving problems for a variety of clients with similar requirements
	Focus scarce resources on time-critical projects such as application reengineering
	Obtain needed project management and implementation consulting expertise, along with access to best practices and proven methodologies
	Reduce the risk of technological obsolescence and increase efficiency by consolidating and centralizing functions
	Keep pace and minimize the impact of rapid changes in
	Extend the reach to more trading partners quickly and efficiently
	Reduce the overall IT management burden while retaining control of strategic decision making

The Outsourcing Institute finds, "Outsourcing is rapidly becoming an accepted management tool for redefining and re-energizing the corporation. It challenges today's executives to rethink the traditional, vertically integrated firm in favor of a more flexible organization structured around core competencies and long-term, outside relationships."


	Acquire technology skills	49%
	Gain industry expertise	48%
	Increase application expertise	38%
	Add flexibility/reliability	25%
	Improve IT performance	22%
	Improve competitive position	13%
	Link IT and business strategy	12%
	Share risk	10%
	Reduce costs	10%

Note: Numbers don't add to 100% because multiple responses were allowed. Data: Dataquest survey of 250 IS executives. Source: Information Week

Highlights

Global giants such as IBM, Microsoft, Novell, Oracle, AT&T, Fujitsu, Motorola, Digital, Hewlett-Packard Philips, General Electric, IBM, Reebok, Fujitsu, British Aerospace, General Motors and Sears are keeping ahead of their rivals thanks to the competitive advantage conferred on them by some of the best software companies in India. You too can benefit immensely from a successful outsourcing strategy.

Several convergent forces like an exponential increase of technology in the workplace, electronic commerce, enterprise systems and a sharp increase in internet related new entities are resulting in an increased demand for software professionals. The need is further compounded by the lack of trained programmers in the developed countries, especially United States, Western Europe and Japan.

Demand exceeds supply, which has led to increased labor costs, longer product development and even longer time to market. A recent Wall Street Journal article related a greater willingness on the part of CIOs to outsource software work that is not mission critical.

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