IT Outsourcing is the transfer of functions to support, maintain and develop part or all of the organization's IT infrastructure, on the basis of a contract. More and more companies are switching to IT outsourcing, realizing that behind this is a thoughtful and profitable organization of business processes.
Software development outsourcing is a cost-effective solution, especially for startups and small businesses that don’t have the financial resources to invest in their own development team upfront. Thus, the cost of in-house development can affect a company’s capital requirements and its overall starting position.