Lets start by examining why such partnerships are proving to be beneficial for software, design and publishing houses located in the IT business hubs of the world. Well, the reasoning is simple, the electronic age has transformed the business world, it is very easy to communicate with a client sitting at a 12 hour time zone difference. Much of the development work in the realms of web design and development is very easy to outsource to offshore companies just by an email exchange. Upsurge in cloud computing has made large volumes of data transfer to be easier than ever. Hence large software houses in the Europe or the US can easily send out work without incurring any cost which would otherwise have been there for the physical movement of raw materials in any other industry.
On the other hand, small scale companies in South Asia stand to gain financially when … Read More