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A practice in which certain functions are performed by outside parties on a contract basis. The benefits of outsourcing may be many and varied depending on the company, the economy, the type of business and the services involved. A company may also experience increased efficiency by outsourcing operational expertise that would be too difficult or time-consuming to conduct in-house.

Business Processing Outsourcing (BPO)

Business process outsourcing (BPO) is a method of subcontracting various business-related operations to third-party vendors.

Knowledge Process Outsourcing (KPO)

The outsourcing of core, information-related activities utilizing individuals with expertise in a specialized area.

IT Outsourcing

Outsourcing all or part of an IT (Information Technology) function including infrastructure, software development, maintenance and support.

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