Stephen Foster's Blog

Outsourcing is not only for small or medium-sized organizations to go for. And there is hardly any doubt about it gaining prominence which becomes clearly evident if we rely on the statistics pertaining to its importance.  For example, TransferWise is an online Money Transfer service founded in London about 8 years ago. This global service provider although does not outsource or offshore, yet it certainly employs individual experts who are an integral part of its team of engineers. Among other industrial giants who invested their trust in the power of outsourcing are Whatsapp, Klout, StudyTube, Slack, and Citi. What do these companies and others around the world insist on outsourcing their software product development for? 1. Insufficient in-house expertise - One of the main reasons is lack of in-house experts on a particular technology, a prerequisite to your next Software Product Development project.  Insufficient practical knowledge is a huge barrier to g