Offshore Outsourcing Multimedia

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Nov 24, 2009

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Offshore Outsourcing
ALSO CALLED: Outsourcing, Offshore, Global Sourcing, Offshore Development Services DEFINITION: Offshore outsourcing, a type of business process outsourcing (BPO), is the exporting of IT-related work from the United States and other developed countries to areas of the world where there is both political stability and lower labor costs or tax savings. Outsourcing is an arrangement in which one company provides services for another company that could also be or usually have been provided in-house. … Definition continues below.
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Future-Proof Your Compliance Program sponsored by IBM VIDEO: The regulatory environment is constantly changing, so creating a streamlined and flexible program is every security pro's first goal when it comes to compliance. Check out this videocast for best practices on forming a comprehensive compliance program. Posted: 29 Jul 2009 \| Premiered: 29 Jul 2009 TOPICS: Compliance (Systems Operations) \| Compliance Audits \| Compliance Best Practices \| Data Governance \| Data Security \| Governance, Risk, Compliance (GRC) \| Information Security \| Laws \| Outsourcing \| Regulations \| Regulatory Compliance \| Risk Assessment \| Risk Management \| Security \| Security Best Practices \| Security Infrastructure \| Security Management \| Security Policies \| Service Level Management

Podcast: Managing third-party compliance sponsored by IBM PODCAST: Listen to this podcast, featuring Richard Mackey, for tips on managing third-party risk, specifically for compliance. Learn how to choose the right partners and ensure they apply the same standards as your organization when securing your assets. Posted: 29 Jul 2009 \| Premiered: 29 Jul 2009 TOPICS: Compliance (Systems Operations) \| Compliance Audits \| Compliance Best Practices \| Data Governance \| Data Security \| Governance, Risk, Compliance (GRC) \| Information Security \| Laws \| Outsourcing \| Regulations \| Regulatory Compliance \| Risk Assessment \| Risk Management \| Security \| Security Best Practices \| Security Infrastructure \| Security Management \| Security Policies \| Service Level Management

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OFFSHORE OUTSOURCING DEFINITION (continued): … Offshore simply means "any country other than your own." The Internet and high-speed Internet connections make it possible for outsourcing to be carried out anywhere in the world, a business trend economists call globalization. In general, domestic companies interested in offshore outsourcing are not only trying to save money in order to be more price-competitive against each other, but also to enable them to compete with businesses in other countries.Critics of offshore outsourcing worry that if too much IT-related work is farmed out to other countries, home-grown IT talent will "dry up." They …
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