StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Offshore IT Outsourcing - Assignment Example

Comments (0) Cite this document
Summary
The paper “Offshore IT Outsourcing” is targeted at the evaluation of the success of outsourcing with regard to the economy and the benefits an organization receives from it. The primary reason for outsourcing is reasoned out along with the various factors responsible for making such a move…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.6% of users find it useful
Offshore IT Outsourcing
Read Text Preview

Extract of sample "Offshore IT Outsourcing"

Download file to see previous pages Outsourcing vendors like India, China, and the Philippines’ outsourcing capabilities are discussed and the ability of the country to fetch the outsourcing jobs at every level. It started with major finance and insurance companies like JP Morgan & Chase, Goldman Sacs, Credit Suisse, UBS, Lehman Bros, AIG and many others with its IT outsourcing operations. Soon the vendors appeared as a favorable destination for outsourcing with regard to its strong economy and rich human capital.
Primarily, the decision towards outsourcing is a significant portion of its IT infrastructure to India, China, and the Philippines are to avail long term benefits. The institution for faith and belief in India, China, and the Philippines has occupied all the economies to strengthen the economy in terms of their growth and prosperity.
Information strategy for any organization is purely based on their requirements to manage business and envelope operations into a system that would in turn effectively manage their resources and yield not only profits in the long run but satisfaction to its employees and customers (Laudon).
2. Service Quality: This was the primary and the most important reason for which JP Morgan Chase wanted their business operations to be taken care of by the service provider company. It wanted to position itself better in various markets.
Outsourcing IT development is the most effective way to stretch your budget. When managers plan IT development outsourcing, they usually make it their aim to cut down the company expenditures by 30%. This is a figure that speaks for itself. Of course, they're always the risk of failure, but if you outsource prudently, you'll afford to implement projects of such a scale that would be impossible for you to reach on your own.
The need for state-of-the-art IT solutions worked out and innovations implemented with small losses, outsourcing may be the only way out. ...Download file to see next pages Read More
Tags
Cite this document
  • APA
  • MLA
  • CHICAGO
(Offshore IT Outsourcing Assignment Example | Topics and Well Written Essays - 2750 words, n.d.)
Offshore IT Outsourcing Assignment Example | Topics and Well Written Essays - 2750 words. https://studentshare.org/business/1718040-outsourcing
(Offshore IT Outsourcing Assignment Example | Topics and Well Written Essays - 2750 Words)
Offshore IT Outsourcing Assignment Example | Topics and Well Written Essays - 2750 Words. https://studentshare.org/business/1718040-outsourcing.
“Offshore IT Outsourcing Assignment Example | Topics and Well Written Essays - 2750 Words”. https://studentshare.org/business/1718040-outsourcing.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Offshore IT Outsourcing

Investigations of the risks and challenges with offshore outsourcing

...?Risks and Challenges Faced by Developed Countries When Outsourcing their IT Some firms in developed countries have adopted offshore business model to help them cut costs of production through reduced wage expenses. Offshore outsourcing has enabled them reduced their domestic investment and high-waged employment. In this model, firms hire an external organization to carry out some of its business functions in another country. The four main types of offshore outsourcing are information technology outsourcing (ITO), offshore software development (software R and D), business process outsourcing (BPO) and knowledge process outsourcing (KPO). IT companies outsource their programming process. Despite being cost-effective, developed countries...
12 Pages (3000 words) Research Paper

Offshore Outsourcing - The Good, Bad, and Ugly

...?Offshore Outsourcing: The Good, Bad and Ugly The current times have led to a change in how everyone is doing business. An alternative that corporations have moved into for globalization and with the necessary services required for functioning is offshore outsourcing. The tactic has allowed businesses to gain a different approach to the needed services for the company while offering global growth and savings in revenue. While the tactic has led to strategic planning and the implementation of growth within companies, there are also controversies surrounding offshore outsourcing. The changes in recent years have led to questions of whether the strategy should continue or if policies and new controls should become implemented in the global...
9 Pages (2250 words) Essay

Globalization, Outsourcing, Off-shoring, and Offshore Outsourcing Impact on Culture

...Globalization, Outsourcing, Off-shoring, and Offshore Outsourcing Impact on Culture As international economy becomes more interrelated, methods of conducting business transform. Globalization, outsourcing, off-shoring, and offshore outsourcing have impacted contemporary culture. Here, we review historical changes from outsourcing to offshore outsourcing; detail how globalization, outsourcing, off-shoring and offshore outsourcing has influenced contemporary culture; and give the modern business person clues to solving the challenge of globalization, outsourcing, off-shoring, and offshore outsourcing. First, we review historical changes from outsourcing to offshore outsourcing. Offshore services have grown rapidly in recent years. (Davis, G...
2 Pages (500 words) Essay

Outsourcing offshore At Darden restaurants

... Task Outsourcing offshore At Darden restaurants Introduction and Darden restaurant Company Background Food and restaurant industries have shown tremendous growth. This is due to the increased global demand for food products especially the nutritional meals that build individuals immune systems. However, the increased demand for nutritional food items is surpassing supply as evident in Darden Restaurant Company. This is due to low production and supply of the food items with rich nutritional content. Indeed, Darden restaurant Company that became operational in 1967 has recorded great excellence. It was initiated with a core mission to become the global largest casual dining or restaurant corporation. It was also set to be the leading...
4 Pages (1000 words) Essay

Offshore Outsourcing in Service Sector

...Offshore outsourcing in service sector Offshore outsourcing is a win-win strategy Introduction Outsourcing is the decision of a company to acquire services from other providers. Offshoring is a new business phenomenon that entails ability to relocate specific tasks to geographically dispersed locations and networks (Gereffi, 2006). The recent digital revolution and reduction in international telecommunication costs have enabled companies to exploit opportunities presented by highly skilled and low-wage workforce in emerging economies (Gupta, 2008). Recent patterns of offshoring in the service sector Reorganization of the production process has been practiced in the motor manufacturing and clothing industry for the last four decades...
8 Pages (2000 words) Essay

Offshoring (Offshore Outsourcing)

...Off-Shoring [The of the will appear here] [The of the will appear here] Introduction Recently the term offshoring has gained increasing attention given the increase in globalization and thus mobilization. A definition of the term is necessary before proceeding forward. As defined by Garner, ‘Offshoring refers to the relocation of jobs and production to a foreign country. The relocated jobs and production could be at a foreign office of the same multinational company or at a separate company located abroad’ (Winkler, 2009). This term, however, cannot be used in place of outsourcing. Outsourcing does not imply the relocation of jobs and production. It just refers to creating more facilities for production and job avenues. An example...
1 Pages (250 words) Essay

Offshore outsourcing

...Amiti & Wei( 2005) showed in their study that the U.S market alone gained a net value of around ten percent improvement in markets between the spans of eight years spanning between 1992 to 2000. This came about in the form of improved labor costs and other reductions in the various costs that are incurred otherwise (Amiti & Wei 2005). In order to assess the productive viewpoint benefits of offshoring, the facts and stats collected by Bureau of Labor Statistics are highly important in this regard. They take into account various aspects providing for a holistic understanding of the situation at hand and its potential positive impacts upon productivity (Amiti & Wei 2005). While the focus of study and literature review here is that on United...
4 Pages (1000 words) Book Report/Review

Government and Offshore and Outsourcing Companies

...Offshoring and Outsourcing Should Government impose stiff penalties on companies that offshore and outsource? Over the recent past, there has been a growing debate about the role of the government in the problem of offshoring and outsourcing of production and manufacturing among many corporations in the US. What drives the debate is the sheer concern about the security of the employment opportunities available for the locals. Driven by emerging trends in the global arena and the fight to adjust to the realm of globalization, many US firms have shipped their production operations overseas. The effect of this development has been the realization of much more profits on the part of the companies and ostensibly the loss of jobs among...
10 Pages (2500 words) Term Paper

American Offshore Outsourcing

... American Offshore Outsourcing ABSTRACT This dissertation is a qualitative research exploring the future of Eastern Europe as a viable alternative to India as a market for the offshore outsourcing by American companies. This research begins with an overview of outsourcing and the global trends related to it. The research also gives an analysis of the strengths and weaknesses of several Eastern European countries as potential locations for outsourcing by American companies. It likewise gives an analysis of the benefits and disadvantages that American firms are likely to encounter if they outsource from these Eastern European countries compared to doing so in India. The research draws on the experience of EPAM using a case study...
71 Pages (17750 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Offshore IT Outsourcing for FREE!

Contact Us