OUTSOURCING
Boost profits and reduce risk
Why Do Companies Need Outsourcing?
As you can see, there are many different reasons why companies outsource. In many cases, there is no one single reason for why outsourcing makes sense. Many different reasons might apply based on where a business is in its growth. In many cases, it might be a combination of factors – skill and cost, or capacity and time to market. One fact is clear, though – outsourcing, when done right, can help companies become significantly more efficient. Let’s now illustrate the reasons to outsource with outsourcing examples.
Phase
To reduce cost
59%
To focus on core business
57%
To focus on core business
57%
To solve capacity issues
47%
To enhance service quality
31%
Because it's critical to business needs
28%
For access to intellectual capital
28%