What to do when your company’s outsourcing plans fall through
FourFour2’s Matt Hock reports that in a year’s time, the amount of time that companies can spend on outsourcing is likely to increase.
“We are seeing companies that are planning to do more than $50 billion of outsourcing and they are actually doing that in less than a year,” said Hock.
“And it’s not just for a short period of time but a longer period of period of, you know, several months.”
“It’s very likely that it’s going to be at least a decade before that kind of outsourcing is viable again,” he said.
Hock says the rise in outsourcing is due to the growth of cloud computing.
“You can’t just keep spending all your time on, you can’t even keep spending your money on the web services, which is what you need to do to make sure that you have an online presence that you can sell on your platform,” he explained.
“So, the cloud computing that we see now, it’s really a way of doing more of that kind, of the things that you do with the software and the devices.”
Hock said the number of companies outsourcing has also risen.
“In fact, if you take a look at the number and then you look at all the companies that have been doing that, it has risen over the last 12 months,” he told FourFour Two.
“That is a big rise in the last two years,” he added.
“You have a number of big players in this space, and that is really an indicator of the pace of the market growth.”
It is actually going to continue to rise.
“Hocks said there are many benefits to outsourcing, and he says it is not just about the money.”
And so, there are other benefits to it.””
The reason that a lot of these companies are doing that is because it is a way to make money.
And so, there are other benefits to it.”
They are actually paying off debt, which will reduce their tax bills and help them grow their businesses,” he concluded.
Follow Matt Hocks on Twitter: @MattHocks4FourFour