outsourcing

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outsourcing

(business)
Paying another company to provide services which a company might otherwise have employed its own staff to perform, e.g. software development.

outsourcing

(1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management.

(2) Contracting with organizations outside your country for work that could otherwise be done by employees within your company. Contrast with insourcing.
References in periodicals archive ?
Preslav Pavlov, director of infrastructure technology outsourcing at the Hewlett-Packard Global Delivery Center in Bulgaria, said: "Bulgaria's workers are very qualified and motivated and that will definitely push the sector forward.
MphasiS consistently delivers global infrastructure technology outsourcing, applications services outsourcing and business process outsourcing services through a combination of technology know-how, domain and process expertise.

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