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Three models for implementing the best ROI in Software Outsourcing

By Himanshu on 3/15/2022

"Teamwork makes the Dream Work"-Bang Gae

Today's world is looking for ways to include outsourcing in bettering business possibilities. Not every time you need a large project completed, you have to do it alone; as technology advances, solutions like outsourcing allow most firms to collaborate with others and accomplish the project all at once. Software outsourcing has numerous advantages. However, the question remains as to which model should be followed to complete the task. XRM Labs has identified three crucial models that you can trust!

1. Team Augmentation: This is a model used by firms experiencing a technical skills shortage in software development. During this step, the firm hires technical personnel for the project, and once employed, they collaborate with the in-house team to deliver the best solution.

2. Dedicated Exclusive Zone: Unlike the previous model, this involves corporations purchasing or renting space solely dedicated to a single project. This offshore outsourcing strategy allows organizations to select their dedicated team based on a specific demand for skill set. There may be project specifications, and the company must maintain this workspace until the project is completed.

3. Create, Operate, Transfer: This is one of the most popular models in which a company needs assistance or outsourcing contracts with another company to build a project according to the specifications. Operate in the same manner, resolving all problems independently and then transferring the final output to the firm that had outsourced the job.

There are many possibilities available, but to obtain the best return on investment for your company, you must thoroughly understand the projects you take on and the staff you already have. Once you've grasped it, you can pick from the rest. XRM Labs hopes that these models will point you in the proper direction for outsourcing.

ROI in Software Outsourcing
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