Offshoring of the business is the process of switching to system-focus model to people-focused model. It has grown exponentially over the years. It is considered as the most productive and cost-effective way to grow businesses. In simple words, the offshoring means that you are sending your business activities to be done remotely by some other people.
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What are the major myths of offshore software development?
Offshore development is illegal: This is the biggest misconception people have about offshore development. We all are aware of the fact that every country has its own set of rules and regulations. But when we talk about web development, it also has some standards. Therefore, to stay safe and out of troubles, one should follow the standard work procedure.
Security risk: People are also concerned about security issues with offshore development companies. To handle this issue it is important to hire a professional and benchmarked company. Such companies assure safety and security first.
Substantial capital is required: This is another major myth about these projects which is absolutely wrong. The ultimate goal of these capitals is to reduce the cost. There are no hidden costs in the offshore projects.
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