Businesses are always searching out ways for cost reduction.
There are two ways through which businesses tend to do this in London:
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Outsourcing
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Co-Sourcing
Outsourcing is when a company entrusts a particular function
to another organisation completely in an effort to reduce costs. Co- sourcing
is when a business collaborates with external contractors to complete work in peak
seasons or when it accumulates.
Outsourcing and co- sourcing in London are both currently in use for IT support and networking services in
London. Both outsourcing and co-
sourcing have their own set of pros and cons.
Outsourcing in London significantly reduces costs and you
completely entrust a company to perform a certain function for you. However,
you have no control over hiring people and developing your own organisation.
The reason is that the vendor is responsible for a lot of things and knowledge
does not get transferred to your organisation. Moreover, there is the problem
of maintaining confidentiality. Sometimes vendors may take information from
your project and use it for a subsequent project with your competitors.
These problems are pretty much non-existent in co- sourcing in London. If you are
considering co- sourcing IT support and
networking services in London, we would like to elaborate its pros and
cons. Firstly, co- sourcing in London is really an extension of your
organisation so you have direct control over everything. You have a lot of
control over the hiring process. Furthermore, all the knowledge and learning
that you acquire over a certain time period stays in your organisation.
Moreover, it contributes towards the further development of the organisation.
Also, you do not have to worry about intelligence being transferred to your
competitors.
If you are a fast expanding business and are looking to
arrange IT support and networking
services in London, you should consider outsourcing and co- sourcing in London.