Cost Savings
Offshoring can offer substantial cost reductions. The cost in regions like India, the Philippines, Latin America, or Vietnam, are much lower than nearshore development.
Access to Global Talent
Offshore provides immediate talent that are hard to find locally. Access to a large, diverse talent pool with specialized skills.
24/7 Operations
Time zone differences allow for continuous operations. Offshore teams can continue the work while your onshore team is off duty. This is ideal for customer service and IT support.
Scalability
Offshore outsourcing team can quickly scale up or down depending on project needs. It is easier to manage fluctuating demands with offshore team.
Specialized Expertise
Offshore locations often have large talent pools with expertise in specific domains.
Time Zone Challenges
Communication can be delayed due to time zone differences. Real-time collaborations are bit difficult.
Cultural and Language Barriers
Offshore teams may come from different cultural backgrounds. This can lead to miscommunication or differences in work expectations.
Communication Delays
Limited overlapping work hours can slow down the decision-making process.
Loss of Control
Businesses may have less control over their offshore teams. This is due to the distance and difference in working hours.