Popularity has skyrocketed on outsourcing IT services. There are two main choices, nearshoring or offshoring. You have your reasons to outsource and we’re here to help you choose which one is the best for your business. We’ll weigh the pros and cons and you can decide which one is the best and ideal choice.
Near Shoring is outsourcing the work close to home. Some of it may be sent outside of your country, but it’s still in the same region. Usually, the work is sent to a country with many similarities in language and culture. Because of the nearness of the partners and them often sharing the same time zone, everything gets cleared up quickly, questions are answered faster and without lag. Meetings that are face-to-face can be set up a lot easier and cost a lot less. However, the cons of nearshoring include paying more for the labor and less flexibility because of fewer providers, depending on where you are located.
Differences in culture and language are the lesser issue when it comes to nearshoring. This seems to be particularly true with countries that have people traveling back and forth between both frequently. This all depends on your business and its budget.
Offshoring is the opposite of near shoring, it’s outsourcing the IT work outside of your country and usually somewhere more distant. It also has it’s pros and cons, which need to be taken into consideration. The biggest pro is that the cost of this kind of outsourcing is a lot cheaper. It may not make a huge difference, but if you have a small business where nearshoring is expensive, it matters. A huge risk to offshoring is the instability of some countries, this can impact your work greatly with wars and riots breaking out instantly. Time zone difference can turn into a really productive thing. People working on a project in one time zone can send it to a country in a different time zone when the day ends. This is how you get a constant loop of people working and greater productivity. A thing that needs to be taken into consideration is how strong laws are upheld in that country. While the laws in most countries are the same, upholding them is not. You might subject yourself to theft and malicious coding.
All of these things depend on your business and it’s budget, we hope that we helped you out in the process of making a decision.