When talent is available in a different geography and you still want to control the deliverable’s scope and schedule, your best bet is to fragment your work to be outsourced to offshore, nearshore and insourced.
We live in a globalised world today and that comes with opportunities and challenges. Traditionally the work is performed either by employees of the organisation or a contractor who undertakes the work assignment. When the work assignment undertaken by the contract or is in a different geography, we call it outsourcing of the work.
Outsourcing gives an organisation the opportunity to avail availability of skilled talent in a different geography at a lower cost than its own operating market. So, what was difficult to achieve earlier is now becomes eaisly possible. Many organisations worldwide has ustilised the enormous potential of taping into this opportuity and outsourced their work to many countries. India is in the forefront in receiving knowledge based industry outsourcing work. Imtac has setup an offshore services unit in Bangalore which provides various technial skills and other required facilities for such outsourcing work.