Outsourcing, IT Outsourcing And Intellectual Property Rights Issues

INTRODUCTION – OUTSOURCING OVERVIEW

The most frequently quoted reason for outsourcing is cost savings. As the technology industry is highly competitive and grows rapidly, organizations focus on reducing costs in a bid to strive to retain and/or gain the competitive advantage. The improvement of services and added value that third party expertise can bring cannot be doubt. By outsourcing one or more non-core activities/functions of the organization, management gets the chance to focus resources on core competencies of the organization allowing in that way the organization to achieve the highest possible level of services and meet its own customers' needs, thus effectively protecting its market share from other organizations wishing to enter the market.