Small and medium size enterprises (SMEs) represent a significant proportion of the European Union (EU) economy. Within the EU there are more than 18 million SMEs representing 59% of the total economy, generating 67% of employment and contributing around two thirds of the EU GDP.
Outsourcing has proved a boon to many companies. However, there are some inherent problems, which can be avoided if you employ some care. The Offshore outsource partner-you relation is meant to be a long-term one. It should be mutually beneficial.
One of the best things about outsourcing is that you pay for the services you demand only when you utilize them. There is no need for you to acquire new equipments or invest in additional personnel or training.
Low-cost, highly skilled IT labour and a relatively close proximity to the UK is making Eastern Europe an increasingly attractive destination to UK businesses for offshoring IT services.