Information technology is playing a significantly bigger role in the economy today. Whatever the type of business, IT provides a strategy that will help to achieve higher performance and productivity. IT projects are increasingly combining teams working across time zones using effective tools for collaboration and project management bringing about a transformation in work culture. High-performance organizations have realized that this culture change has given rise to a new level of partnership within organizations and across organizations spread across different geographies. These teams help to evolve new processes, tools, structures, and sourcing strategies. This model helps us to assign the best skills for the right job at the right price and right place to sustain this transformation.
Outsourcing, today, is creating a wave of opportunities and opening up newer markets globally. From application development to project management to database design and management, Outsourcing has created a level playing field and has become a key enabler for businesses.
In keeping with the trend of Outsourcing, Co-Sourcing is where a business function is performed by both internal staff and external resources, such as consultants or outsourcing vendors, with specialized knowledge of the business function.
Co-Sourcing gives clients a valuable solution to enhance the efficiency of diverse functional departments, and it is now a proven win-win model for both outsourcing service providers and vendors.
At Benchmark, we have leveraged the advantages of co-sourcing and have partnered with clients for IT outsourcing activities. A few of the advantages we offer clients include:-
- Commitment to quality
- Service excellence
- Flexibility in the use of resources for better productivity
- Long-term strategic gains
- Improved efficiency ratios
- Deeper customer loyalty
- Cost reduction - by replacing fixed costs with variable pricing models
- Flexible contract terms