The benefits of IT Outsourcing are undoubtedly one of the most juicy reasons in any outsourcing decision. But what are the deciding factors that can drive one business owner into implementing IT Outsourcing? Let’s find out more about the Top 5 IT Outsourcing benefits that you need to know here. 5 Juicy Benefits of IT…
Lotus Academy – As the talent pool for the IT industry is getting smaller and smaller, many businesses find it hard to find and attract talents to their companies, hence they have to seek help from the third party from other countries. However, this solution soon encounters issues as the human resources from those countries…
The new year is an excellent time to reorganize and work toward your life goals. It’s that time of year when we’re reminded that, even if we didn’t achieve enough in the previous year, there’s still a lot more to do in life, and new opportunities will undoubtedly present themselves in the next 365 days.…
The Vietnamese digital economy will grow by 31% this year compared to the same period last year, reaching $21 billion. This is stated in the e-Conomy SEA 2021 Report, which was released this week by Temasek, Google, and management consulting firm Bain & Company. As a result, the Vietnamese internet economy could reach US$220 billion…
The year 2021 marked the tipping point for many technological advances that would shape our understanding and interaction with the world to come. Let’s take a look back at some of the year’s most significant technological developments. The Beginning of the Metaverse The announcement of Metaverse on November 24th was a significant event in the…
Lotus QA is among the few companies that have successfully fought back all of the challenges and difficulties in 2021. In fact, the year of the Ox has witnessed many changes and achievements of Lotus, proving our adaptability and flexibility amidst the pandemic. Let’s take a look at how Lotus developed in 2021. Changes in…
According to Statista, the IT outsourcing industry is growing at a compound annual growth rate (CAGR) of 8.93% and will be worth a market volume of $551,956.3 million by 2026. The IT Outsourcing market in 2022 faces new challenges including competition for talent, tech layoffs, and the global economic recession. With that context, the needs…
When choosing the IT outsourcing vendor for your business, you are spoilt for the choices of thousands of IT service providers from all over the world. With each of the vendors claiming to be the best choice for you, there are many IT outsourcing vendor selection criteria that you have to put into consideration. Let’s…
Cost-saving has always been the top priority for businesses when implementing IT Outsourcing. But when we break it down to smaller categories, there are different approaches for different outsourcing models. To accurately estimate the IT Outsourcing cost for your next project, check out our guide for fixed-price projects and time & material projects. 1. For…
As for IT Outsourcing, there often are contradictory perspectives on whether it can really bring about benefits for your business. Many companies have praised IT Outsourcing for having a major impact on their business presence and budget, but many also have stated that the outcome of IT Outsourcing cannot outweigh the risks that it poses…