Software outsourcing is a process of engaging third party professionals for software development services. Often the complete process is managed and supervised by the company which outsources its development requirements. As a set rule third-party software professionals are hired on contract to develop your application as per your exact requirements.
Outsourcing of software development projects allows the customers to focus on their core competencies like sales, brand building, strategy, future plans etc. Keeping pace with changing market trends involves great risk.