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Updated by Natalie Jones on Dec 07, 2020
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Difference Between Outsourcing and Offshoring: Definition & Benefits

Outsourcing is a modern way of cutting costs without affecting the quality of the business. Enterprises of almost all sizes prefer to outsource their IT and non-IT services to an external firm to streamline their business process.

Difference Between Outsourcing and Offshoring: Definition & Benefits

Offshoring and outsourcing have been used extensively in the business lexicon as early as the 1980s however, many would wonder: what is exactly is the difference and how to we choose which one is more beneficial to our companies?