Offshore IT resources are commonly from developing countries where they are available at a fraction of the cost. Hiring these resources has both benefits and concerns at a time.
Let’s explore how hiring these resources can benefit MSPs and what concerns an MSP may have while hiring these resources.
Benefits of Hiring Offshore IT Resources
1. Cost Savings
Cost is the key to company growth and when a company takes control over the cost the company growth can be predicted. Most companies prefer local staff for several reasons but companies who considered hiring offshore IT resources scaled very fast due to the difference in cost.
So, when you consider offshore IT resources to be a part of your company, you will be able to save a lot of money and ultimately increase your profit margins.
2. Reduced Operational Cost
When you hire someone in-house, you need to provide space, equipment, and all that things that help the staff to serve but when you hire offshore IT resources that some offshore company manages, you no longer have to provide all the stuff you need to deliver to in-house staff.
As a result, your operational cost will drastically reduce and you will increase your profits. So, reduction in operating costs is the second most important benefit of offshore IT resources.
3. 24-Hour Support Model
4. Ability to Quickly Scale Resources
5. Favorable Government Policies
6. Bigger Pool of Talent
Disadvantages/Concerns of hiring Offshore IT Resources
1. Cultural Differences
2. Communication Problems
3. Security Issues
4. Lack of Control
