Outsourcing - Secret of The “Big Guys”
IT Outsourcing Wednesday, March 15, 2023
In recent years, technology giants such as Google, Amazon, Microsoft, and Apple have embraced IT outsourcing services as a key strategy to stay ahead of the competition and keep them to focus on core businesses.
Let's dive the article below to understand!
Outsourcing is not something that is new to Google. They find greater values and more cost-effective
Despite having a large team of 89,000+ in-house employees, Google still relies heavily on contractors for two main reasons:
First, it allows them to engage workers with the expertise they don’t have in-house.
Second, it helps them cover spikes in work and parental leave for employees.
One area where outsourcing has proven particularly effective is blockchain application development. Companies like Google have outsourced their blockchain projects to specialized firms, allowing them to focus on core competencies while ensuring the successful implementation of complex blockchain and web3 industry.
Apple has embraced outsourcing by partnering with Indian IT services companies for a variety of missions.
In fact, Apple's products boast the phrase "Designed by Apple in California. Assembled in China," highlighting the company's global approach to hardware and software engineering. Outsourcing services such as software audits and performance testing have been a key part of Apple's strategy.
For manufacturing, Apple has teamed up with Foxconn, a company with bases in China and the United States, to meet practical needs and production costs. As Apple continues to innovate and expand, it's clear that outsourcing will remain a valuable strategy for achieving their goals.
The secret is Amazon has been particularly successful with outsourcing is in the development of its Amazon Web Services (AWS) platform. Thanks to them, Amazon has enabled people to quickly capture a significant share of the cloud computing market.
Another area where Amazon has found success with outsourcing is in logistics and supply chain management. By partnering with third-party logistics providers (3PLs), Amazon is able to quickly and efficiently distribute its products to customers around the world. This has been a key factor in Amazon's ability to maintain its dominance in the e-commerce space, while also expanding into new areas such as grocery delivery and healthcare.
Microsoft, with over 131,000 in-house employees, expands a massive workforce of contract workers, making the estimated number of contractors equivalent to direct employees. Contractors are primarily hired to supplement expertise or provide services beyond Microsoft's traditional scope, resulting in better outcomes for the company.
The majority of Microsoft's contractors are under outsourced management arrangements that are controlled by SOWs with specific deliverables, processes, and service-level agreements. As a result, outsourcing suppliers are responsible for managing the day-to-day work of Microsoft's contract workers, alleviating the burden on Microsoft employees and providing them with peace of mind.
Outsourcing can be a valuable strategy not only for large enterprises, but also for small and medium-sized businesses seeking to enhance their competitiveness and achieve growth objectives. To that, Finatech JSC is completely fit. They are “The Summit Technology Solution Partner in Asia” that offers a plenty range of IT outsourcing services namely blockchain web3 development, stock exchange system development, crypto exchange system development and website/mobile app development.
With Finatech JSC, businesses can enjoy the benefits of cost savings, faster time-to-market, and access to skilled professionals, without having to invest in costly in-house resources. Finatech's experienced developers have a proven track record of delivering high-quality solutions that are tailored to each client's unique needs.
In conclusion, the outsourcing trend of technology "big guys" like Google, Amazon, Microsoft, and Apple has demonstrated the value of partnering with specialized IT outsourcing firms to achieve success.
SME can also benefit from outsourcing their IT needs to experts like Finatech JSC, which offers a range of services that can help businesses achieve their growth goals and stay competitive in a rapidly changing market.