As with many solutions, IT outsourcing has its pros and cons. In search for business advantage, companies around the world decide to go for IT outsourcing for numerous reasons and, often, money is one of them.
But there are many more benefits in contracting external IT experts than cost cutting alone.
If you’re thinking about IT outsourcing but are not yet sure whether it would be beneficial to you, here’s a list of seven example benefits. It’s not about reinventing the wheel, rather a summary of conclusions drawn from our own experience. Take a look at how your company can benefit from IT outsourcing:
1. Access expert knowledge
IT is not rocket science… to some people. People that are hard to find, hard to recruit and hard to keep. IT outsourcing grants you access to experts in current technologies in no-time. What is more, recruitment, training and certification, as well as the job of retaining them – all rest on the shoulders of your outsourcing partner. Access to skilled outside resources gives your business a competitive edge, so tap into the knowledge base and use it to spread your wings.
2. Increase in-house efficiency
Outsourcing IT projects allows you to save time and focus your key resources on primary activities and business tasks. Successful companies concentrate on their core competencies and leave the rest to experts with knowhow. Your time and attention is limited – don’t waste it on distractions. What is more, offloading IT work will result in increased morale of your team, boosting their work efficiency. As a legendary business consultant Peter Drucker advised, do what you do best and outsource the rest!
3. Use a fresh insight
A new look at old problems is always appreciated. As your IT outsourcing partner will have experience with different technologies, companies and industries, and will therefore be able to provide tons of advice on the use of technology in your business, should you need it. What is more, cooperating with an outsourcing partner is more than hiring a single expert. You benefit from knowledge gathered in the entire company. Innovations, tested and proven methods, experience of the vendor – all that and much more will help you solve problems you have long been struggling with.
4. Maximise security
IT security is a continuous process, not a one-time event. It requires audits, analyses, assessments and maintaining standards implemented in order to reduce a risk of data loss. A reliable outsourcing partner will not only grant you proper planning and mitigation of potential risk areas, but also provide strategic consulting aiming at your independence. This allows you to benefit from shifting certain responsibilities in relation to security of your project.
5. Take advantage of flexibility
In the constantly changing world of technology, outsourcing grants swiftness and flexibility to your business. You can easily bring new manpower when you need it and release it when you’re done. And, if needed, you can easily change the focus of your project. The same applies to swapping to other technologies at your company – your partner will surely adapt to your demands and will be willing to experiment.
6. Generate more profit
The very point of outsourcing IT is to improve your service, increase productivity of the team and add quality to what you do. It is one of the recipes for boosting customers’ loyalty. Outsourcing allows you to surpass competitors and generate profit by quickly converting your ideas into reality and delivering a value-added proposition.
7. Cut costs
Last but not least – the most obvious and the most important of all benefits – money savings. When you outsource, you have control over costs of the project. It allows you to budget efficiently and reduce IT and operational costs, such as those relating to office space, recruitment, infrastructure and many others. Doing everything in-house increases expenses. Simultaneously, outsourcing allows you to save time and to bring years of experience to start new projects right away. Who wouldn’t want to get their job done at a lower cost and better quality?
Understanding advantages of IT outsourcing is essential before making any conscious decisions related to subcontracting your IT project. Bearing in mind the above, it could be a great opportunity to grow your business in numerous areas. Employing outside expert knowledge allows cutting costs of the project, increasing efficiency of in-house team and boosting satisfaction of the end customer – just to name a few of the benefits. But is IT outsourcing really beneficial for your company? You do the maths. Nevertheless, next time when considering IT project outsourcing, you can use this blog post to back up your decision with some supporting thoughts.
If you want to know more about IT outsourcing, take a look at our 2020 guide on Software Development Outsourcing.