Top 5 reasons, Why Outsource?

Top 5 reasons, Why Outsource?

1. Significant cost advantages :Undoubtedly, this is one of the key reasons for you to even consider outsourcing. Outsourcing arrangements enable you to reduce fixed costs and leverage the scalability of the service providers. A study by Bersin Associates: What Works, estimates savings between 20-40% by outsourcing to India. It could be even more in some cases. Whether you are a corporate or a training company, you could gain from outsourcing (parts or full) projects to India. Of course you would need to choose a good vendor. 2. Scalability without headaches :Outsourcing could help your team to be scalable – on demand. You could engage a team of 5 or 50 or 500 depending on your needs without having to worry about hiring, retention, firing etc. The vendor would manage everything including their training and providing replacement resources. This is hugely important for smaller companies given the kind of business environment we find ourselves in. It also helps in starting projects quickly, ramping up the team much faster, sometimes even putting the project on hold without much additional costs. 3. Better quality through innovation: Your vendor is better placed to deliver better quality – assuming you selected a good vendor to start with – on a consistent basis. This is a natural outcome of the continuous improvement that happens as your vendor’s team handles more projects of different kinds for diverse clients. That experience helps them anticipate problems in advance, troubleshoot better when needed, and also propose value added inputs based on their previous experiences. Chances are you can rely on your vendor (much more than you can on your internal team) to be ready with cutting-edge solutions. 4. More reliability on project completion :Often the company that you outsource to does specialize some domain as its core business. Consequently, all its processes and systems are specifically defined and well geared up to deliver specialized products / projects. There is almost no chance of those resources being diverted to some other ‘more important’ tasks. That’s common when working with internal project teams. This reliability could mean a lot for certain critical training programs. 5. Focus on Core-Strategic Goals :Outsourcing helps bring greater focus to the core or strategic tasks of your training function – without sacrificing quality or service. You would better spend your energies on planning for future about how the organization and its business is changing, what skills are required now (& in future), and how best to make those skills available; evaluating success of training programs mapping them against business results, improving the whole training and development function to align it with business needs; and implementing organization cultural change plans to get it ready for the coming decade. These are tasks which only you can perform.

Releasing iBiFramework 1.0

We have built our own Business Framework or Business Library. This framework includes over 8500 lines of ready made code that can be quickly used.

iBiFramework includes as many as 12 class files that contains helpers and components for quickly solving common programming tasks.

Major potential areas covered are as follows:

1. Business Utilities
2. Database Manager and Utility
   
3. Email Functions
   
4. Encryption
5. Exception Thrower
6. Input Output
7. Error Logging
8. Math Utilities
9. String Handlers
10. Validations
11. Password Generation
12. Import or Bulk Copy , Export Functions
13. Date Time Functions
    

Do let me know any other onset or offset areas, so that we keep on improvising and optimizing our Business Framework.