Fundamentals of IT outsourcing: advantages, disadvantages, trends

The IT sector remains the main driving force of world progress. Therefore it has traditionally attracted many people and companies. Industry specialists receive high salaries, as they create unique projects, for example, based on blockchain, change the world around, making it more perfect and convenient. It is not easy for developing organizations in this rapidly changing world to adapt, meet increasingly stringent requirements, maintain the efficiency of internal processes, which is why IT outsourcing is gaining popularity. Technavio estimates this market at $409 billion by 2022, with a CAGR of over 4%. Contributing to such impressive growth will be that the boundaries between hired developers, partners, and customers today virtually disappear.