Why Outsourced Product Development is the way forward

Deloitte’s 2020 Global Outsourcing Survey highlights a clear revolution and progression towards outsourced product development. Organizations are likely to accelerate outsourcing as they learn to collaborate in a world where speed and flexibility are more important than locations.

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Besides, COVID-19 plays an important role in disrupting the idea of a close-knit working environment and on-site availability of resources for efficient business. Remote working culture is being embraced, which is likely to lead to an increase in outsourcing.

“Overall, outsourcing decisions are more likely to play a significantly more strategic role in short-term resilience and long term growth.” –Deloitte’s 2020 Global Outsourcing Survey.

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