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In today's globalized economy, organizations are constantly seeking ways to leverage cost, increase productivity, and gain access to global talent. One such solution that really worked its way up the list is the setup of an offshore development Centre. An ODC is, in essence, an extended work force, geographically based, generally in countries where labor rates are far cheaper than those for most developed nations, and have ready access to diversified skilled expertise.
Understanding the Offshore Development Centre
An offshore development services is a dedicated facility established by a company in a foreign country to perform certain business functions. Such centers are normally concentrated on software development, IT services, customer support, and other business processes. The major objectives behind an ODC are the cost advantages, availability of skilled labor, and the differences in time zones of the offshore location.
Setting up an ODC will let companies expand beyond their home country, which will scale an operation fast, bring efficiency to the workplace, and concentrate on core business activities.
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