The internet transformed totally the way we work and communicate. Do you want a software solution ? No need to create your own software development department, you can outsource the work!
What is outsourcing ? Outsourcing is a business practice in which a company hires another company or an individual to perform tasks, handle operations or provide services that are either usually executed or had previously been done by the company’s own employees. The outside company, which is known as the service provider or a third-party provider, arranges for its own workers or computer systems to perform the tasks or services either on site at the hiring company’s own facilities or at external locations.
Outsourcing can be a good option when the functions of your back office are complicated in nature and the size of your company prevents you from accomplishing them at a consistent and reasonable cost. The overhead costs of performing a particular back office function can be extremely high. Consider outsourcing those functions that can be easily moved. Example: A small doctor’s office wants to accept a variety of insurance plans. One part-time person can’t keep up with all the different providers and rules so the task is outsourced to a firm that specializes in medical billing, often at a cost that’s less than what it would have required hiring additional, skilled personnel or train existing personnel.
Offshore outsourcing to a country like Bulgaria, which is on a different time zone, gives you the added advantage of making full use of your 24 hour day. Your outsourcing partner can take over and continue your work even after your employees go home. They can complete critical tasks and send it back for your review the next day. Outsourcing certain independent tasks, allows your business to maintain a financial flexibility when there is an uncertainty in demand. You can scale up or down comfortably. At a much lower cost, offshore outsourcing provides additional benefit of running your business in full throttle even during off season and holiday months.
The most obvious and visible benefit relates to the cost savings that outsourcing brings about. You can get your job done at a lower cost and at better quality as well. Due to the difference in wages between western countries and Asia, the same kind of work that is done over there can be done in India at a fraction of the cost. There is a cost savings of around 60% by outsourcing your work to India. Plus, the quality of the services provided is high thereby ensuring that low-cost does not mean low-quality.
Our specialists can support your AI engine with Supervised, Unsupervised and Reinforcement Learning models. We plan, build and deploy working Machine Learning packages which will meet your business needs. We build the world’s most exciting blockchain and cryptocurrency projects by implementing the mechanisms necessary to either run your own blockchain or build your business logic on top of smart-contracts, pre or post ICO. Read extra details on IT Outsourcing.
CodeCoda is an innovative global IT and BPO services, solutions and Advanced Software Development provider, in one of the fastest growing industries worldwide. We were founded by IT Veterans to provide a stable way of working for themselves and being true to their understanding about true customer dedication and technical excellence. Headquartered in Dublin, Ireland and with a production facility in Plovdiv, Bulgaria, CodeCoda provides reliable IT Outsourcing services in a variety of high-tech technologies, ranging from AI to Custom Web Development. We operate on a global scale, and work with Small and Medium size companies up to Fortune 500 enterprises, ranging over a variety of industries, normally on contracts that last longer than a year.
Creating compelling web presences in an ever competitive globalized environment is a must. Our UI/UX experts create the perfect corporate or business web application for your company. Wheather you need to build a demanding corporate presence, a new prototype service, an API or any service your business demands, our web specialists provide solutions to your problems. Our specialists have been engaged in hundreds of projects advancing the level of User Interaction, by creating successful corporate business web sites and applications for our customers around the globe. With a proven track record in successful launches, we provide the knowledge to make your online business stand out from competitors.