When you outsource, you save money… At least that is what most of the people think when it comes to outsourcing mission critical work, such as development of software. There is no doubt that outsourcing gives you the advantage of very low labour rates. So why would you spend around $80,000 to $150,000 a year, when outsourcing could get it done for around $40,000. Sounds simple, right?
The truth is, there is lot more to that.
Outsourcing could definitely save you a fortune, if it is done right. I’m sure many of you have heard someone preaching ‘outsourcing succeeds, only if you have prior experience in it’ or something similar to that. Well, it is not the complete truth. To throw some perspective on what I mean, let’s take an old axiom which I find equally ambiguous –‘practice makes a man perfect’. Continue reading