- #Workdone outsourcing software industry market size 2017 full#
- #Workdone outsourcing software industry market size 2017 professional#
ITeS foundation skills program targeting 20,000 non-science graduates for ITeS-training.Top-up IT training program run by Leveraging ICT (LICT) is covering 10,000 IT and science graduates for IT-specific training.The ICT Division in Bangladesh has undertaken a project, the Learning and Earning Development Project (LEDP) that gives training to fresh graduates for free.Key ongoing initiatives taken by the government and the private sector to enhance the quality of the young talent include the following: The Government of Bangladesh has exhibited determination to train the potential talent through its IT initiatives. Towards Building an Effective Talent Pool
#Workdone outsourcing software industry market size 2017 professional#
The professional services category consisting of services such as accounting, legal services, and business consulting, is led by the UK-based workers with a 22% market share. The software development and technology category is dominated by workers from the Indian subcontinent, who command a 55% market share. More people can be trained to get involved in these works. However, the jobs that require relatively lower skills such as writing and translation and clerical and data entry has employed around 10% of freelancers. Around 22% of freelancers work in software development and technology, followed by about 25% working in creative multimedia. The figure shows that about 40%, the majority of Bangladeshi freelancers, work in sales and marketing support, representing 6.8% of the total number of online freelancers in the world. However, organizations can often resolve these types of IT service issues with pre-determined, rotating on-call schedules.FIGURE: Breakdown of work done by freelancers in Bangladesh, Source: ICT Division, Government of Bangladesh For example, in software development outsourcing - during a deployment where rapid response and troubleshooting is required - it may not be feasible for two people in different locations to work together and be able to provide a quality software product. In some cases, it's not as convenient for teams in different locations to work together. While nearshore outsourcing provides a larger talent pool than onshore outsourcing, it's not as large of a talent pool as offshore outsourcing. Not as large of a talent pool as offshore outsourcing.However, this is not always the case as there are many neighboring countries that exhibit cultural similarities. While not true in all instances, there are some cases where language barriers and cultural differences can make maintaining an nimble working relationship difficult. In addition to in-house talent and outsourcing within the states, by nearshoring, a business can significantly expand access to various high-quality service providers and outsourcing partners. For example, nearshore software development is a far more specialized skill and, therefore, labor costs may not be as inexpensive as, say, a call center.
Nearshoring can be more cost effective depending on the location and the type of job, although this is not always the case. For companies that utilize offshore outsourcing, the time zone differences can be hard to manage when meetings are needed or a quick turnaround is required. This means that travel and communications are easier as the outsourcer is likely to be a similar time zone. Nearshore outsourcing has its pluses and minuses: Pros The pros and cons of nearshore outsourcing
#Workdone outsourcing software industry market size 2017 full#
However, full offshore outsourcing could be to Asian countries like India or the Philippines South American countries like Argentina or Brazil or European countries like Ukraine.Ĭhoosing outsourcing destinations depends heavily on a business's requirements and the type of job. For example, for companies in the U.S., outsourcing nearshore might be to countries like Canada and Mexico.
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