We started as a simple process of off shore development, gradually took to geographical distribution of development of system so as to reap lower cost benefits. But off late, we are looking at the evolution of a new concept, a new synergy-Co Sourcing.
Co Sourcing has expanded the boundaries of outsourcing beginning with product conception and design itself. And needless to say it does not end just with development. Co Sourcing is the most appropriate way of conducting projects when the IT department needs to remain in the driver’s seat while using external help from a supplier which commits on certain deliverables.
Evolution
Till recently, the IT world was fascinated with the concept of outsourcing their development to an external software house which could provide them with the right resources and the right expertise at the right time. What started as a simple process of off shore development, gradually took to geographical distribution of development of system so as to reap lower cost benefits. But off late, we are looking at the evolution of a new concept, a new synergy-Co Sourcing.
Definition
Co Sourcing has expanded the boundaries of outsourcing beginning with product conception and design itself. And needless to say it does not end just with development. Co Sourcing is the most appropriate way of conducting projects when the IT department needs to remain in the driver’s seat while using external help from a supplier which commits on certain deliverables.