| "Hire
rather than own expertise" is the concept behind Offshore
Outsourcing Model. Rather than spending money on developing
and maintaining certain non-core activities, businesses can
outsource them to offshore experts and get quality work at
much lower price.
Gartner, one of the world's largest research and analysis
organization, has predicted that total global offshore spending
on outsourcing IT Services will reach $50 billion by 2007.
The report has also mentioned that emerging countries like
India, China, Brazil and Russia possess required capabilities
in terms of labor, technology and infrastructure to undertake
IT related outsourcing activities successfully.
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