Business Process Outsourcing (BPO)
The services that are usually outsourced to third party companies include, transcription services, chat support, customer care and data entry services to name a few. The main reason behind outsourcing non-core business processes and tasks to another firm is to reduce overall costs and turn a profit.
The practice Business Process Outsourcing (BPO) is not very old and has seen a recent rise in popularity within the business world.
Application development services are a prime example of outsourcing in today’s digitally adept world. A strange artificial metamorphosis of sorts has taken place within the human race within the last decade with the arrival of mobile devices such as smartphones and tablet PCs. Metamorphosis is the best word that can be metaphorically used for this new phenomenon where such digital devices have become an active and vital part of human life.