Q: What is outsourcing?
A: As described in the Webster dictionary, "Outsourcing: the practice of subcontracting manufacturing work to outside and especially foreign or nonunion companies". The development of any software, quite logically, falls within the terminology of the word 'manufacturing' & hence, when used for the software industry, the word 'outsourcing' means "offloading the development work to other companies".

Q: Why do we need outsourcing?
A: For several reasons:
Due to the tremendous pace & sheer vastness of the IT industry, it is preferred by most of the companies to focus on their respective core competencies & manage a structured growth, rather than a haphazard one. By opting to outsource the work which does not fall within your core competencies, you will still be able to retain the client (everybody knows how difficult...