IT outsourcing industry has to have in mind the trend of automating a lot of IT jobs through the cloud services and the inevitable dominance of the AI (Artificial Intelligence) that will make even more IT jobs obsolete.
Absolutely agree. Globalization and Internet development favor outsourcing, especially offshore outsourcing perfectly described here https://diceus.com/free-report-offshore-software-development-rates-country/ . I know outsourcing still provokes a lot of contradictions, but I see nothing besides advantages in it, outsourcing saves time, money and efforts very effectively.
Outsourcing now is very important thing for business and I think it has a great future. It is good because outsourcing will give away some of your business tasks that can easily be managed by an independent entity, making life easier for business owners. So if you want to improve your business you need to find good company that will help you...I work with IDAP company, they are really experts in this direction. Here you can read about them and how they work https://idapgroup.com/blog/why-us-startups-outsource-software-development-to-ukraine/
- Cost savings will continue to be a major advantage of outsourcing
- Outsourcing will focus more on core business activities
- Standardized outsourcing solutions will be favored over customization
- Outsourcing of smaller projects will continue to be an important benefit of outsourcing
- Outsourcing and cloud sourcing will merge and grow exponentially
I have handled a lot of development projects for clients from several industries. I think outsourcing development is best when the project is large and you do not have enough expertise available. This will save you a lot of development cost and time.
It depends on an industry I'd say. I mean, web development for example. It's getting easier and easier to create websites thanks to different CMS and tools like https://aidaform.com so business owners don't really want to outsource this work. I may be wrong but I bet that in next five-ten years AI will be creating websites so there will be no need of hiring web-developers.