A smarter way for a better life: Importance of Technology and outsourcing

Man has evolved from being a caveman to being a civilized modern man. We are in the era of growing technology and automation of every possible thing we work with. Alongside we still rely on other sources to get our work done or sometimes we need an extra hand to get our work done on time.

Let’s begin with the simple definition of outsourcing.

Outsourcing is a process of giving or assigning someone, like a third party a part of your company’s work and getting outcomes from outside your company. This is the basic background of outsourcing or getting your work done from a different source. Most of the outsourcing is done for software development.

Technology has upgraded the process of outsourcing to a different level where you can get any third-party work done from any corner of the world.

Now here are the types of outsourcing we can learn about to understand things better and connect the dots.

• Onshore Outsourcing

Onshoring mainly refers to outsourcing inside the country, i.e., Looking for a company locally, nearby your company, or across the country. Getting your software development by domestic outsourcing is the best choice as specifications of work to be done can be communicated much better in known languages. You can also get your work done at the right time since the work or the project can be delivered on time.

• Offshore Outsourcing

Offshoring is outsourcing done within the continent, say Asia. This type of outsourcing is comparatively cheaper and comes with a lot of pros and cons. The software development is done at cheaper prices but they tend to take longer than expected and the quality of work will be poor. But best suited for companies with lower budgets.

• Nearshore Outsourcing

Nearshoring is the outsourcing given to near locations like the nearby countries. Best suited for the development of both software and hardware. This type of outsourcing provides the best quality work done and delivered at the right time. They not only do the development of the project but also provide the best range of supporting systems. Companies looking for creative service and are okay with any budget can opt for Nearshore Outsourcing. This is one of the best ways to get better quality work.

Apart from location-based, there are other types of outsourcing,

• Project Outsourcing

This type of outsourcing is taken when you need an extra hand to finish a part of the project. Here, you need to check for creativity, time management, and the quality of work done. Tasks like web designing, content creating, and managing data temporarily.

Examples of Project outsourcing-

• Wipro
• IBM
• Accenture
• Manufacturing Outsourcing

This is a form of outsourcing where the company gives its product for manufacturing to another company that is specialized for manufacturing with advanced technology and resources. In Manufacturing outsourcing, one should keep in mind the workspace and the experienced team for the work.

Examples of Manufacturing Outsourcing-

• Apple
• Wal-Mart
• Cisco-systemd
• Professional Outsourcing

Professional outsourcing is a form of giving small work to the individual who is an expert or a professional in that specific field. This includes IT support, shopping, taxation, accounting, etc.

Examples of Professional Outsourcing

• Upwork
• Fiverr
• tingting
• Flexjobs
• Multiple Outsourcing

Multi-sourcing involves multiple vendors to get different work done at the same time. This is the most popular kind of outsourcing used by many companies for better yield and profit.

Examples of Multi-sourcing

• Upcounsel
• SourceToday

Keeping outsourcing in mind, the concept of virtual assistants also falls into this same category.

Virtual assistants are professional people who get hired from any part of the world to get specific work done at a given time with the right quality. Technology has gone to a great extent where any person can do any work from any place in the world with the help of just an internet connection and an electronic device that supports it.

Considering all these pros of outsourcing, virtual assistant ideas, and women struggles in India, tingting is on a mission to create a perfect platform for women with talents to work part-time as virtual assistants to do small works at home ambiance where customers can get their work done at the most affordable price and with no hiring process where the matching of the work and the virtual assistant is done online through customized AI Algorithm.

Here is the list of types of virtual assistants-

• Personal secretary
• Social media management assistant
• Ecommerce / shopping virtual assistants
• Bookkeeping assistant
• Marketing assistant
• Research work assistant
• Data keeping assistant

CONCLUSION-

Technology and outsourcing have their benefits and limitations but looking into this concept deeper, it’s more advantageous for both companies and the workers with skills and it helps to expand the boundaries for having a career and get your job done with creativity at cheaper prices.