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3 Innovations that Started from an Outsourcing Partnership

In today’s world of business, it is rare to come across a successful organization that is not currently outsourcing various supply chain processes to offshore vendors who produce high quality results at the fraction of the price. Due to the rising trend in outsourcing, which is essentially to outsource critical business practices such as customer service, manufacturing, and application development, more and more people today have jobs all over the world. It has also resulted in the development of many amazing innovations that has changed the landscape of all major business industries and has truly made the world a better place to live in. As innovations from outsourcing seem to be rampantly coming out from the woodwork, we owe this trend to visionaries in the past who paved the way by creating innovations from an outsourcing partnership. Three examples of organizations that have achieved this in the past are:

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The Rising Trend in Mobile Search and How Outsourcing can Help

As most individuals currently own a mobile device, local applications have definitely become an integral part of daily living. Most business organizations today even have to keep up-to-date with the trends in technology by building their own mobile application as more and more consumers seem to prefer communicating through an application instead of calling on the phone or visiting a website. With a mobile application, a business can substantially improve their customer service and reduce costs on many operational practices. Many will even recommend outsourcing mobile applications as it has proven to be more efficient and affordable instead of having an in-house I.T department to handle the development process. For organizations looking to develop a good mobile application, here are some trends to take note of and how outsourcing its development will greatly benefit your organization.

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6 Ways Outsourcing Adds Value to your Growing Company

Growth is the top priority of small companies. This entails the company’s team to focus on core business functions and developing their product or service accordingly. Unfortunately, related but outside matters such as marketing, training staff, managing IT, and problem solving could distract the top management from doing what needs to be done during the company’s beginnings. Outsourcing allows small and medium companies to focus on their growth without compromising other related matters.

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5 Free Business Assessment Tools for Start-ups

One simple fact about today’s business landscape is organizations must utilize and capitalize technology. There is a multitude of amazing technology out there today that start-ups can use in order to aid their journey into becoming a feasible venture. The best part about this technology is they come in the form of online tools that come absolutely free of charge and are extremely easy to integrate into any business infrastructure. If you are a startup organization looking for the best free business assessment tools, this is a list that you may be interested in. Here are 5 business assessment tools to look out for.

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What's New in Outsourcing Today

As 2017 is nearly over, the Business Process Outsourcing world today is currently undergoing a very interesting period with technology seemingly re-imagining most business process management practices. Through the continuous breakthroughs being achieved by technology, BPO organizations are able to achieve process excellence that dramatically enhances their ability to provide value when working with clients from multiple industries. Aside from technological advancements, the BPO world is getting busier than ever with a lot of developments appearing out of the woodwork. These activities are currently changing the BPO landscape as we know with current developments such as:

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Outsourcing: Then and Now

Outsourcing is the buzz word for this millennium. It is defined as a business practice used by different companies to reduce costs by transferring parts of work to third-party suppliers rather than completing it internally. It is also sometimes referred to as “contracting out”.

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4 Trends that Transform Outsourcing Today

It is indeed a very exciting time for the Outsourcing industry as newer and greater technology is allowing many of these providers to provide clients with the best service possible. With technology acting as a driving force that influences the growth of the industry, it is on the cusp of a very interesting and exciting period with new outsourcing trends emerging in 2017. These trends all contribute to a brighter future for players in the industry and those who partner with them. Some trends to expect from the outsourcing industry this year are:

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The Best Outsourcing Success Stories of All Time

Startups and big companies alike need to consider budget management alongside hiring the best team for their developing products and services. Software development alone can cost around $60,000 annually. This a minimum cost and can increase based on the time spent on the project and other required services.

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Catching up with the Needs: The Shortage in CyberSecurity Manpower

The continuous rise in the number of cyber threats and attacks by hackers and online criminals is pushing the cybersecurity industry further forward. Considered to be the fastest growing tech sector in the world, the cybersecurity market is projected to grow at a compound annual growth rate (CAGR) of 10.6% from 2016 to 2021 and eventually reach US$202.36 billion by the end of the forecast period, according to a report by Markets and Markets.

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Quality vs Quantity in the BPO Industry

One of the most common misconceptions when it comes to the debate between quantity and quality is that both cannot exist at the same time. Services or products that are high-quality take longer amounts of time to acquire or produce, while those that are done in a short amount of time may not be up to par with the standards.

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