article thumbnail

Global Perspective: Current Opportunities for Low-Cost Manufacturing in China

The Startup Magazine

Their primary motivation has been the fact that manufacturing costs in Chinese factories are lower than those in the US or Europe. But in the past few years, a number of news articles and blogs have speculated whether China remains a low-cost destination for manufacturers. These gaps lead to an increase in costs.

China 110
article thumbnail

Paul Herdsman Of NICE Global: The Benefits Of Utilizing Nearshore Outsourcing For Your Business

YoungUpstarts

Everything from customer service, technical support, to back office operations are able to be outsourced as a way to reduce costs, keep up with the evolving consumer expectations, and drive a faster return on investment. Put simply, offshore outsourcing means hiring a company to perform a service from a different part of the world.

Offshore 165
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Six Criteria for Outsourcing the Right Processes

Startup Professionals Musings

For example, 90% of the software used in China and Vietnam today is pirated. On the other hand, if it is maintenance and testing on non-core software, use the lowest cost solution. Cost factors. Companies in Asia and Eastern Europe can still provide direct cost reductions of up to 75%. Intellectual property content.

article thumbnail

Is Remote Work the Future of Employment?

Transformify

Keeping costs low. Remote Companies are More Cost Effective. Renting physical offices is a huge overhead cost, not to mention equipment, internet, electricity, meals, and transportation, it’s no wonder that 82% of businesses that fail do so due to poor cash management. Most managers are still reluctant to go all-remote.

Vietnam 64
article thumbnail

Six Key Factors in the Right Outsourcing Decision

Startup Professionals Musings

For example, 90% of the software used in China and Vietnam today is pirated. On the other hand, if it is maintenance and testing on non-core software, use the lowest cost solution. Cost factors. Companies in Asia and Eastern Europe can still provide direct cost reductions of up to 75%. Intellectual property content.

article thumbnail

Beware of Fake / Scam Engineering Candidates

K9 Ventures

If you have several low-quality programmers in China/Vietnam working in a sweatshop being fronted by a native language speaker – it can sometimes take months for someone to realize that they are being scammed. In the meanwhile given what engineers cost, the scammers would easily have pocketed tens of thousands of dollars in the process.

article thumbnail

To Outsource or Not to Outsource Software

Startup Professionals Musings

For example, 90% of the software used in China and Vietnam today is pirated. On the other hand, if it is maintenance and testing on non-core software, use the lowest cost solution. Cost factors. Companies in Asia and Eastern Europe can still provide direct cost reductions of up to 75%. Intellectual property content.

Software 129