The Nearshoring strategy is used when companies want to reduce costs but work in the same time zone with their outsourced partners. Advantages and disadvantages of offshoring For medium and large businesses, as well as new businesses whose goal is to cut costs, hiring an in-house team is a more expensive route than some of these businesses can afford. This is when CEOs and decision makers are turning to offshore outsourcing.
For IT industries, like digital agencies and software developers, this is a very popular outsourcing method. Offshoring is, as we have seen, the Color Correction Service outsourcing of work processes to distant countries that have more affordable labor, lower costs and lower living standards, but a wide diversity of skilled talent. . However, aside from the huge that come with it, what are the hidden pitfalls? Are there any other benefits besides lower costs? Benefits:
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Katina Stefanova is the CEO and CIO of Marto Capital, Katina spent over 9 years with a leading asset manager as a Senior Executive. marto capital is a global, absolute return strategy that trades in many diversified markets including FX, rates, equities, and commodities.