Outsourcing is a specialized service wherein a responsible provider manages an entire business. The trend of outsourcing, especially offshore, has accelerated dramatically in recent years. Outsourcing is a wise and profitable option for those who would like to concentrate on core processes and leave work to a reliable service provider who specializes in the field required.
Outsourcing refers to the increasing trend of relocating entire business functions to either self-owned or third-party service providers, typically in low-cost locations. Many companies and organizations today prefer to outsource works to offshore locations, as it proves to be a cost effective and more profitable option, and removes management headaches as well.