Outsourcing has been dominant in making many businesses effective this year. Most of the businesses that need different vendors to provide various services availed the benefits of outsourcing this year. Outsourcing trends have changed since organizations from UK, US, Europe and other global locations began outsourcing their business processes to destinations such as India, Brazil, China, Poland and other Asian countries.
So what will be the trends of outsourcing in 2016? Let’s find out!
Cloud Service Providers:
Service providers who will shift their delivery system into the cloud will perform better in service, innovation and agility. The IT providers who innovate will gain a competitive advantage in the next year and they will have the opportunity to try harder in areas such as client service. Therefore, providers who are accepting the changes in the IT infrastructure landscape are likely to be competitive.
Centralized System:
The reason to implement a centralized service delivery system is to eliminate the dependencies on multiple stakeholders. The proposition for service providers is that they need to settle in and combine the networked global service delivery system, providing a lot of services to a number of end users, 24/7 and globally.
Minimizing Multiple Suppliers:
Today, a major disturbing factor for most of the people is reducing the management cost in managing multiple vendors. The problem is more serious if multiple vendors are assigned to a single project. If a single vendor doesn’t delivers, the whole delivery may get stalled. Hence, suppliers will be pushed to provide more modified solutions.
Agile Sourcing Emergence:
Decision making in outsourcing will have to take a high speed in the next year. Companies who will have a competitive digital strategy will implement it quickly in 2016. We will see a lot of clients deploying considerable negotiating teams to close smart deals fast.
Emergence of Regional Service Providers:
Regional service providers are likely to nurture providing a unbendable competition to numerous outsourcing landscapes like Philippines and Brazil.
If you are looking for an outsourcing partner to fulfill your different business needs, get in touch with Mobitsolutions to be effective in most of your financial services requirements.
Also read: What You Will Benefit From Offshoring?
