Technology has put the Business world into a vastly different status today, compared to what it was a couple of years back. Most of the change can be attributed to the pandemic caused by the corona-virus outbreak that impacted the whole world. Undeniably the COVID-19 virus has impacted some businesses more than others, but the whole of industry has been affected in some way. A lot of important lessons have been learnt by industry and business leaders due to this unprecedented experience. On the other hand, studies have found that globally large numbers of employees are either changing or thinking of changing their jobs due this impact. The Offshore IT Outsourcing Services Industry too is facing changes and challenges after the corona-virus outbreak.

What’s the Impact on offshore IT Outsourcing by the Pandemic?

Business and industry leaders are reviewing their core operational process realizing they need a sharper focus than before, on lean operations, which implies many organisations may opt to outsource. The pandemic has forced entrepreneurs to rethink and streamline their operational processes to get the best ROI, focusing on core revenue-generating areas, such as, marketing or sales. This an Outsourcing firm can take care of to keep things running smoothly and save the entrepreneur money and time. There are more changes happening and companies are also changing to handle and grow in the new normal.

Therefore, the offshore IT outsourcing industry is transforming with a major shift to build value networks with the outsourcing companies. As businesses move to support each other, the IT sector will see co-sourcing as the new norm. SMBs and start-ups are most likely to offer business to outsourcing service providers. A majority of companies will be cutting down on back-end capacity and will be outsourcing their needs in the long run.

As firms look for IT service integrators instead of just IT service providers, a new outsourcing model / methodology proactively named as outcome-based IT outsourcing will gain precedence post to the pandemic. Most IT Outsourcing companies will create new digital approaches to invent & integrate business strategies across various digital platforms. The Digital Transformation drive is definitely on a new high, owing to the disruption and the recovery thereafter.

By outsourcing certain areas or functions of your business, you gain many advantages. You can save money and focus on growth plans, besides getting expert guidance online. You can easily scale up your business or service and enhance efficiency of operations by outsourcing. Outsourcing accounting can improve cash flow, help perform financial and tax planning. By outsourcing, you can provide cloud-based solutions, improve business processes and even create contingency plans, besides maintain the security of your data. This method also helps you access the latest tech, automate repetitive tasks and keep transactional operations secure.

ANGLER has the expertise & experience to cater to the critical needs of online business development, having worked across multiple industry verticals. As a partnering offshore software development company for diverse domains and industries, ANGLER has the resources to provide a variety of software solutions to demanding clients, be it a small business or a large enterprise, adapting to the market demands in good as well as bad times. To learn more about Offshore IT Outsourcing and also other products, please visit www.angleritech.com or just leave us an enquiry, or call us  and we’ll get in touch with you.