50% of IT outsourcing projects do not meet financial goals or simply fail. However, the global spendings on outsourcing data analysis and software development will continue to grow throughout 2018 (though at a slower pace). What are the reasons behind IT outsourcing failures? Is it possible to build a solid (and mutually beneficial) outsourcing partnership? We’ve got the answers here!
In 2014, the global market of IT outsourcing was worth $ 104.6 billion. Both corporations and small businesses turn to third-party web development to reduce labor costs and optimize capital expenditures. However, many entrepreneurs fail to build a successful outsourcing partnership due to the wrong choice of a vendor, lack of management and miscommunication. Where can you possibly outsource website and app development?
Augmented reality technology is expected to go mainstream. In fact, the market’s compound annual growth rate for the next 5 years is estimated at 96%. However, common use of AR solutions is associated with certain security risks. The problems were discussed during the 2015 Augmented Reality Expo, and it seems both IT corporations and software developers have yet to address them.