The Pros and Cons of Offshore vs Nearshore IT Outsourcing
There are a number of pros and cons to consider when deciding between offshore and nearshore IT outsourcing. Here are some of the main points to consider:
Offshore outsourcing (i.e., outsourcing to a location that is farther away, often in a different country) can offer a number of potential benefits, including:
- Lower labor costs: One of the main advantages of offshore outsourcing is the potential to save money on labor costs. In many cases, countries with lower costs of living also have lower wages, which can make offshore outsourcing an attractive option for companies looking to reduce expenses.
- Access to a larger pool of talent: Outsourcing to a location with a larger pool of skilled workers can allow companies to access a wider range of expertise and potentially find specialized talent more easily.
- Potential time zone benefits: Depending on the location of the offshore outsourcing provider, it may be possible to take advantage of differences in time zones to effectively extend the workday and get more done in less time.
However, there are also a number of potential drawbacks to offshore outsourcing, including:
- Communication challenges: Working with a team that is located in a different time zone and potentially speaks a different language can be challenging and may require additional effort to ensure effective communication.
- Cultural differences: Working with a team from a different culture can be rewarding, but it can also present challenges, such as misunderstandings or differences in work styles.
- Potential for lower quality of work: In some cases, the lower labor costs associated with offshore outsourcing may be reflected in lower quality work.
Nearshore outsourcing (i.e., outsourcing to a location that is closer, often in a neighboring country) can offer some of the benefits of offshore outsourcing, such as access to a larger pool of talent and potentially lower labor costs, while minimizing some of the drawbacks. For example:
- Better communication: Working with a team that is located in a similar time zone and speaks the same language can make communication easier.
- Shared culture: Working with a team from a similar culture can help to reduce misunderstandings and make it easier to build trust and teamwork.
- Potentially higher quality of work: In some cases, nearshore outsourcing providers may be able to offer higher quality work due to factors su
How HR and Recruitment can use Bots to Boost Business Value
Artificial Intelligence, or AI, has evolved from a lofty, theoretical idea in science fiction flicks. Now, AI is common at home in AI applications such as Amazon’s Alexa or Apple’s Siri to turn on their lights and start their cars.
As low unemployment rates and booming technology advancements have lodged a growing chasm between available talent and business needs, HR departments and recruitment teams are increasingly turning to AI to unlock more value for their organizations. When the software development is done correctly, natural language software can enable an artificial intelligence that can augment a low to mid-level HR professional’s job, freeing more time for human creativity and high-level problem-solving.
Read Full Article: https://techgenies.com/ai-applied-how-hr-and-recruitment-can-use-bots-to-boost-business-value/
#BOTS #BusinessValue #HRRecruitment
...moreBuild-Operate-Transfer in IT Outsourcing Advantages and Disadvantages
As technology moves forward, we see many industries having to make adjustments to their old ways of doing business. According to ZDNet, 70% of companies either have or are working on a digital transformation strategy.
For years now, businesses have been forced to adopt new tech to keep up with their customers’ expectations. Following the first stay-at-home order issued during the COVID pandemic, there was an increased demand for e-commerce and ongoing website enhancements for businesses suddenly facing an inflow of digital rivals.
Businesses want control over their digital future. This is where the Build, Operate, Transfer (BOT) model has a significant role in helping companies scale, develop new capabilities, and stay competitive all while saving on costs and resources.
Read full article: https://techgenies.com/build-operate-transfer-in-it-outsourcing-advantages-and-disadvantages-2/
...moreWhy Proactive Application Infrastructure Management is a Must for any Business
Applications are a lot like icebergs.
Users see the tip – or in the case of applications, the display layer – but not the massive, critical underpinnings below the surface; and in both cases, ignoring the invisible can be catastrophic.
In an Enterprise application today, just a few clicks and swipes can allow an employee to request vacation time, a manager to approve it, and the HR payroll system to take note of the PTO. These simple, efficient transaction application interfaces can make it easy for anyone outside of IT to forget all the complexities that prop it up behind the scenes – until the app crashes.
Read the full article here: https://techgenies.com/why-proactive-application-infrastructure-management-is-a-must-for-any-business/
...moreBuilding the Best Data Science Software Stack for Your Project
Applications are a lot like icebergs.
Users see the tip – or in the case of applications, the display layer – but not the massive, critical underpinnings below the surface; and in both cases, ignoring the invisible can be catastrophic.
In an Enterprise application today, just a few clicks and swipes can allow an employee to request vacation time, a manager to approve it, and the HR payroll system to take note of the PTO. These simple, efficient transaction application interfaces can make it easy for anyone outside of IT to forget all the complexities that prop it up behind the scenes – until the app crashes.
Read the full article : https://techgenies.com/why-proactive-application-infrastructure-management-is-a-must-for-any-business/
...more
Building the Best Data Science Software Stack for Your Project
Take a deep breath. There are myriad options when it comes to data science stack technologies, which at first glance can be overwhelming for business leaders looking to implement the stack that best fits their business needs.
Ready for the good news?
There really isn’t a best data science stack – but there is the most effective option for your goals.
Read the full article here : https://techgenies.com/best-data-science-software-stack/
...moreThe Next Big Thing In NFTs
Why are digital doodles, memes, gifs, and toilet paper being sold like priceless works by Van Gogh or Monet for millions of dollars?
Just as we used to collect cabbage patch dolls or pokemon cards in the past, we can now dive into the market of non-fungible tokens (NFTs) online. The new and seemingly magical world that blockchain has brought us allows buyers to expand their digital wallet with a certificate of authenticity for a digital asset.
Read the full article here: https://techgenies.com/the-next-big-thing-in-nfts/
...moreUnderstanding the World of Digital Design: UX, UI, IA, and IxD Explained
Not so long ago, the phrase digital design conjured up visions of graphic designers creating art in front of their computer screens. Nowadays, the growth, complexity and diversity of the digital world means those who would come to use the term digital design could quickly become burdened with acronyms like UX, UI, IA, and IxD. But, what do all these acronyms stand for, what sets them apart from each other, and why should we care?
Read the full article here: hhttps://techgenies.com/understanding-the-world-of-digital-design-ux-ui-ia-and-ixd-explained
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