IT outsourcing and business process outsourcing (BPO) are becoming common globally. Such types of outsourcing save companies money and time while, at the same time, the companies gain the right skill sets. It is common practice for around 70% of large businesses to outsource at least some aspects of their services to third parties. However, which is the best example of outsourcing?
But before we look at this question, it is good to understand what outsourcing is. Briefly, outsourcing is delegating tasks, especially non-core tasks, to an external business that will work on behalf of the leading company. The most significant benefit of this action is related to capacity, which is more than the cost savings.
Outsourcing Services – What Can Be Given to an External Company?
Many companies outsource tasks because this boosts their capacity and reduces business costs. There are, however, many different services that can be outsourced. These include accounting, digital marketing, human resources, or data-entry work. However, below are the typical services that are outsourced:
- Web-development Outsourcing
Outsourcing web development allows the company to hire experts to create a website tailored to specific business needs. Web developers will ensure the site reflects the company’s goals, values, and mission.
- Web-design Outsourcing
Outsourcing web design services can enhance your website’s overall appeal. Professionals can create design and visual content that makes your business stand out.
- App and Game Development Outsourcing
Instead of maintaining an in-house team, you can outsource app and game development to experienced professionals. This is a common and efficient way of meeting your development needs.
- SEO Outsourcing
Outsourcing SEO services can improve your search engine rankings and drive more traffic to your site. Incorporating translation services can further boost your company’s online visibility by reaching global audiences.
- Content Marketing and Advertising Outsourcing
For an effective social media presence, outsourcing content marketing and advertising to experts ensures that your business gains the best strategies and solutions for success.
- Sales and Lead-Generation Outsourcing
Lead generation involves attracting customer interest in your products or services, thus increasing sales. This can be effectively outsourced to specialists.
- Customer Support Outsourcing
Outsourcing customer support allows you to provide excellent service without needing in-house staff. Specialists can handle customer queries and issues efficiently.
- Tech Support Outsourcing
Outsourced tech-support professionals can address and resolve clients’ issues promptly and effectively when software or apps malfunction.
- Email Automation Outsourcing
Outsourcing email automation helps develop and manage email marketing strategies, thus engaging new and existing clients.
Virtual Assistance Services
Hiring a virtual assistant can accelerate business growth by the assistant managing tasks remotely. Tools such as clock-in and clock-out apps can help monitor productivity and ensure efficient task management.
Which Is the Best Example of Outsourcing?
Now that you know what outsourcing is and the types of services available, here are some real-life examples to illustrate its benefits. These examples show how outsourcing can provide access to top talent, reduce costs, and improve business operations across various industries.
Wise
Formerly known as TransferWise, Wise is a well-known money-transferring service. The company hires remote engineers from Estonia and Ukraine, not for their cheaper labor but for their talent. Wise ensures high standards by putting candidates through rigorous technical interviews and tests, resulting in top-notch services at affordable prices.
GitHub
GitHub, a popular platform for version control, formerly outsourced the development of its backend to a third-party expert who eventually became its CIO. This strategic outsourcing allowed GitHub to meet high-quality standards while saving money and resources.
Skype
Skype’s success story involves outsourcing to talented developers in Estonia. By finding the necessary expertise reasonably, Skype has maintained low costs and developed robust online services. This approach has proved highly effective, making Skype a prime example of successful outsourcing.
Cambio
Daintel, a clinical workspace for intensive care units, is outsourced to enhance system performance and develop new modules. This decision has helped Cambio become a healthcare market by optimizing its existing solutions and adding valuable new features.
SpecTec
SpecTec, a maritime software provider, has outsourced the development of its AMOS software and related apps. The outsourcing team has improved functionality and ensured successful online and offline data synchronization, significantly boosting SpecTec’s efficiency and productivity.
Despite being a tech giant, Google outsources many operations to remote employees. This approach helps them manage costs, access top talent, and cover workforce gaps. Since 2018, Google has employed more remote workers than in-house staff, particularly for projects such as AdWords.
CuriosityStream
CuriosityStream, a global media brand, began outsourcing in 2019 to reduce operational costs and enhance its video features. The impressive results from outsourcing have encouraged them to continue working with third-party developers.
Wait while
Founded by ex-Googlers, Waitwhile tackles the common problem of waiting in line. Waitwhile outsourced upgrading its base application with new functions, enabling better scalability and securing its market position.
Alibaba
Alibaba’s founders wisely outsourced the development of their website to U.S. developers. This decision helped create a platform serving domestic and international customers, contributing to Alibaba’s success.
Therefore, What Is an Example of Outsourcing
As seen above, an example of outsourcing is when a firm hires a virtual assistant to handle administrative tasks, such as scheduling appointments, managing client correspondence, and conducting, for instance, legal research for them. Instead of hiring an in-house assistant, the firm contracts a remote professional who provides support on an as-needed basis, often at a lower cost, which is the key driver for businesses choosing to outsource. This approach lets the company focus on core work (legal, software development, or digital marketing). The effect is to increase efficiency and reduce overhead business costs associated with full-time staff, such as renting office space while maintaining flexibility in staffing based on workload demand and allowing the company to scale up or down.
Conclusion: Which is the Best Example of Outsourcing?
So, which is the best example of outsourcing? It isn’t easy to name just one business, as each example has excellent qualities. Still, these companies have one thing in common—they decided to act wisely and hired third-party companies to achieve their goals. You can learn from their experience and take on one or even a team of professionals for your business. The central aspect is that you should opt for a reliable hiring company and top virtual assistants.