The COVID-19 pandemic has put businesses into a catch 22 situation. Business leaders are finding it challenging to keep their lights on and grow their businesses through this pandemic.
Companies are facing a variety of problems. Some had to ramp down the operations due to a sudden fall in demand. In contrast, others need to accelerate the processes to cater to a sudden rise in demand for their product or services while they have a limited workforce. One thing has come out singly, every industry and business is adapting to the new reality and integrating digital practices into their operations to streamline the business.
The 2020 Global Managed Services Report, based on a survey of 1,250 executives in 29 countries, said that 45% of organizations will outsource more than insource in the next 18 months, while 57% feel security risks as the biggest key challenge of managing in outsourcing.
Why it makes sense for business leaders to outsource?
Words like social distancing, isolation, lockdown, and quarantine have become a part of our daily lives. Working from home is neither a privilege nor a choice. It has become a necessity. Most of the businesses were not ready for this transformation and thus are struggling. Outsourcing IT workload to the right service provider is one of the biggest challenges business leaders aspire to resolve.
IT outsourcing is not a new concept - Business leaders have been taking advantage of outsourcing for a long time now. Some of the global leaders like Google, WhatsApp, and Goldman Sachs have heavily relied on outsourcing and still do. Here is what market leaders think of outsourcing:
Advantages of outsourcing IT services to right solution provider
Business tycoons, economists, and country leaders believe in the benefits of outsourcing. Here’s a more detailed description of the advantages you should get when outsourcing IT services to the right company.
Smart monetary choice
Do you think having an in-house IT team is not expensive? Think again! When calculating the total cost of hiring and maintaining an in-house team, here is what you need to consider:
- Hiring Expenses
- Hardware Expenses
- Software Licenses
- Cloud Service Subscriptions
- Maintenance Costs &
- Miscellaneous Expenditures
Even a small in-house team can cost you hundreds of thousands of dollars each year. The cost of outsourced IT service will vary based on the quality and scale of operation.
According to the McKinsey Global Institute, outsourcing IT services can reduce costs by 60%. Yes, outsourcing is comparatively inexpensive, and that is only one of the key benefits. Accessibility is also another important reason due to which companies prefer outsourcing IT services.
Availability of experienced staff
Searching, hiring, and training the right talent for your IT needs can be a huge hassle, especially during this pandemic. Companies like TechAhead can help you with highly trained and experienced technology experts as per your business needs. Our team of technology experts has proven expertise in delivering highly scalable and robust digital transformation projects for Fortune 500 companies as well as high growth start-ups.
The security risk is a key challenge while outsourcing. Reliable offshore app development service providers such as TechAhead, pay special attention to security at all levels. With most of the employees working remotely, reliable offshore service providers reinforce their security policies regularly, which means no worrying about firewalls, audits, servers, and other security and policy standards.
Scalability & Versatility
Business requirements, development technologies can change faster than you can anticipate. Changing requirements poses a great risk, and you do not want to continue spending a lot on IT while tramping down the operations for any reason. Engaging with an expert development team gives your organization the liberty to grow, expand, or shrink as per your business needs.
Established outsourcing companies already have experience of implementing several technologies and operations for corporations at different stages. Good technical staff is extremely helpful if you are on a tight schedule or a restricted budget. They can help you in speeding the project and save you from wasting money and time.
To conclude employing a reliable outsourcing company results in saving time, money, and resources. It can promise world-class security and the latest technology for your business.
How to find the right partner to outsource your IT requirements?
Once you have decided to outsource your IT department, the next step is to find the right outsourcing partner. This partner must look after the interests of your company and cater to its IT needs optimally. Here is a simple step by step process to find and employ an IT outsourcing company.
Define your goals
Being clear in your expectation and objectives is an essential part of finding the right partner for your business. Once you know what your IT requirements are, you can search for the company that is experienced in the same technology or industry.
Choose an established company
Experience and credibility say a lot about any service provider. Ensure that the company you are hiring has been in the market long enough to prove its reliability. Check their experience, references, past clients, and testimonials. Do not hesitate to ask questions before you make a decision.
Communicate your expectations like work requirements, deadlines, budget, and other details openly. Make sure that the company’s representative is able to answer all your queries and clear all your doubts. Move ahead only if you are confident about the company's competency and know that they will be able to provide required IT support and service to your business.
Reliability, competence, and experience are three things that can make or break the deal. Once you are satisfied with these three subjects, you may confidently outsource.
Why TechAhead is the right partner for you?
At TechAhead, we take pride in delivering work on time and within our client’s budget. If you are looking for a reliable partner who can help you in bringing digital transformation via different technologies like IoT, AI, cloud, etc. or you need a top-notch app for your business, then get in touch with us.
Highly experienced staff to support your requirements
TechAhead's versatile team brings years of technical and domain expertise. Even if you require an expert in a niche technology for your IT department like COBOL, we have talented developers to meet your requirements.
Unprecedented track record
We have a proven track record of successfully executing large and complex projects for fortune 500 companies to high growth start-ups.
Expert in digital transformation
We have experience in digital transformation and automating your manual processes. For more details, kindly look at our service page or connect with our consultants.
Clear and concise communication is how we have managed to stay ahead. We are available 24*7 to assist you even during COVID-19. We have teams working across geographies, so we are available to support you wherever you need us.
The COVID-19 outbreak has impacted every business across the world. Most of the companies are struggling to operate with the same operational efficiency. We at TechAhead, have taken extraordinary measures to ensure that we can serve our clients optimally.
Every employee has access to the required tools and applications
Most of the IT staff around the world is working from home. To make sure that our client continues to receive uncompromised service, we have streamlined and set-up secure remote operations.
Effective communication system
We scheduled frequent client meetings and updates so that there is no communication gap between colleagues, partners, and clients. Progress reports, data sheets, and all the essential documents are stored in a tightly secured cloud environment that can be easily accessed only by the people with the right credentials.
Multiple ongoing corporate activities to boost the morale
Our employee engagement teams work round the clock to keep each employee safe and motivated during this crisis. Word of encouragement from the leaders and communication with teammates plays an important role in keeping our minds sharp and heads clear.
At TechAhead, we provide cost-effective and agile offshore app development services that can help you in business continuity and meet your business goals amid COVID-19 without compromising on service quality and delivery.