What Shall We Expect in The Future?

Despite these perceived as negative aspects, the facts show that outsourcing has only continued to grow. In fact, outsourcing is now being embraced by organizations of all sizes and domains. From startups to large enterprises, outsourcing continues to be a tool of choice to gain competitive advantage in the business scenario. Businesses are moving over to multiple platforms – cloud, social, mobile, etc., stakeholders are getting geographically distributed; in such a disparate environment, outsourcing has been able to conveniently adapt to rapidly changing business environments.
To add, crunch business situations have only helped to build the case for outsourcing further. The global economic crisis in 2008 – 2009 is a testament to the fact that businesses not only need to learn how to survive during a downturn, but also need to look at newer ways of overcoming weak economic conditions. In the current business scenario, it is all about “outsource and survive”, and efficiently managing your outsourcing projects and staying ahead of the competition.

Cost pressures will pave the way for custom outsourcing contracts that are flexible in their SLAs (Service Level Agreements) and the scope of delivery.
Small businesses, startups and SOHOs (small office/ home office) will witness a higher adoption of outsourcing in order to reduce the operational inefficiencies to increase their time to market.
Rising raw material, transportation and oil costs will make it very important for companies to look at outsourcing in order to try to keep their operating costs low or at a reasonable level.
More high – end critical business functions will be outsourced in the next decade, while outsourcing of low – end services will stabilize and become a common practice.

There is no way that outsourcing will soon stop working as it is finding new proactive ways of cooperation between the client and the vendor, giving the client the opportunity to even outsource managerial tasks and responsibilities. Of course, that is true about client – vendor relationships build for years, where mutual trust has been created and where both parties are being open to and responsible for the partner’s needs.
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Quality House Team