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IT outsourcing can be implemented both ways: outsides or within the country. \r\nIT outsourcing vendors can provide either a fully managed service, meaning they take full responsibility of all IT maintenance and support, or they can provide additional support for an internal IT team when needed, which is known as co-sourced IT support. A company using IT outsourcing can choose to use one provider for all their IT functions or split the work among multiple providers. \r\n<span style=\"font-weight: bold;\">Specific IT services typically outsourced include:</span>\r\n<ul><li>Application development</li><li>Web hosting</li><li>Application support</li><li>Database development</li><li>Telecommunications</li><li>Networking</li><li>Disaster recovery</li><li>Security</li></ul>\r\n<p class=\"align-center\"><span style=\"font-weight: bold; \">Reasons for Outsourcing</span></p>\r\n<span style=\"font-weight: bold; \">To Reduce Cost.</span> More often than not, outsourcing means saving money. This is often due to lower labor costs, cheaper infrastructure, or an advantageous tax system in the outsourcing location.<br /><span style=\"font-weight: bold; \">To Access Skills That Are Unavailable Locally.</span> Resources that are scarce at home can sometimes be found in abundance elsewhere, meaning you can easily reach them through outsourcing.<br /><span style=\"font-weight: bold; \">To Better Use Internal Resources</span>. By delegating some of your business processes to a third party, you’ll give your in-house employees the opportunity to focus on more meaningful tasks.<br /><span style=\"font-weight: bold; \">To Accelerate Business Processes.</span> When you stop wasting time on mundane, time-consuming processes, you’ll be able to move forward with your core offering a lot faster.<br /><span style=\"font-weight: bold; \">To Share Risks.</span> When you delegate a part of non-focus functionality by outsourcing it to a third-party vendor, you give away the responsibility and related risks.","materialsDescription":"<h3 class=\"align-center\">What are the Types of IT Outsourcing?</h3>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Project-Based Model.</span> The client hires a team to implement the part of work that is already planned and defined. The project manager from the outsourced team carries full responsibility for the quality and performance of the project.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Dedicated Team Model.</span> The client hires a team that will create a project for them, and they will work only on that project. Unlike the project-based model, a dedicated team is more engaged in your project. In this model, an outsourced team becomes your technical and product advisor. So it can offer ideas and suggest alternative solutions.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Outstaff Model.</span> It's a type of outsourcing in IT when you don't need a full-fledged development team and hire separate specialists. Sometimes the project requires finding a couple of additional professionals, and you're free to hire outstaff workers to cover that scope of work.</p>\r\n<h3 class=\"align-center\"><span style=\"font-weight: bold; \">What are IT Outsourcing examples?</span></h3>\r\nThe individual or company that becomes your outsourcing partner can be located anywhere in the world — one block away from your office or on another continent.\r\nA Bay Area-based startup partnering with an app development team in Utah and a call center in the Philippines, or a UK-based digital marketing agency hiring a Magento developer from Ukraine are both examples of outsourcing.\r\n<h3 class=\"align-center\">Why You Should Use IT Outsourcing</h3>\r\nNow that you know what IT outsourcing is, its models, and types, it's time to clarify why you need to outsource and whether you really need it. Let's go over a few situations that suggest when to opt for IT outsourcing.\r\n<ul><li><span style=\"font-weight: bold;\">You are a domain expert with idea</span></li></ul>\r\nIf you're an industry expert with the idea that solves a real problem, IT outsourcing is your choice. In this case, your main goal is to enter the market and test the solution fast. An outsourced team will help you validate the idea, build an MVP to check the hypothesis, and implement changes in your product according to market needs. It saves you money, time and lets you reach the goal.\r\n<ul><li><span style=\"font-weight: bold;\">You have an early-stage startup</span></li></ul>\r\nIt's a common case that young startups spend money faster than they get a solid team and a ready-to-market product. The Failory found that financial problems are the 3rd reason why startup fails. So it makes more sense to reduce costs by hiring an outsourced team of professionals while your business lives on investor's money. You may employ a full-cycle product development studio covering all the blind spots and bringing your product to life.\r\n<ul><li><span style=\"font-weight: bold;\">You need a technical support</span></li></ul>\r\nEven if you already have a ready solution, but it demands some technical improvements – frameworks for backend components, new language, integrations with enterprise software, UX&amp;UI design – it makes more sense to find an experienced partner. 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We differentiate ourselves by building strategic long-term partnerships with our clients and providing exceptional quality services at all stages of the application development lifecycle.\r\nWhile there are many reasons to work with Binary Studio, here we present the ten fundamental principles and qualities that define our culture and make our company stand out:\r\n<span style=\"font-weight: bold;\">Individual Approach to Each Client</span>\r\nCustomers enjoy the attention and care they get at a small boutique agency. Our short decision making processes give us the flexibility to create individual propositions for our clients, custom-tailored to their needs.\r\n <span style=\"font-weight: bold;\">Strategic Partnerships</span>\r\nAt Binary Studio, we provide professional services and solutions and we often go the extra mile to become our client's long-term, strategic partner. We dedicate a great deal of attention to meeting our clients' needs today and we are ready to support their growing business needs tomorrow.\r\n <span style=\"font-weight: bold;\">Proven Track Record</span>\r\nWe have a proven track record of customers who have trusted us on highly complex, mission critical solutions. We are proud of our achievements, so do not hesitate to ask for references!\r\n<span style=\"font-weight: bold;\">Proved Expertise</span>\r\nOver the last 13+ years, we've earned the reputation of a trusted partner which engineers world-class software. In addition, we are certified partners of Microsoft and MongoDB and many of our engineers have also completed various certification programs.\r\n <span style=\"font-weight: bold;\">Continuous Learning</span>\r\nHere at Binary Studio, we are students always. We run our own software development school and support our employees’ continuous learning through regular trainings, development programs and a company library. We also hold a series of tech meetups called Binary Nights, which are catered for a senior IT audience, and host frequent professional events.\r\n<span style=\"font-weight: bold;\">Ability to Scale</span>\r\nBased in Lviv, Ukraine, we have access to an enormous talent pool and are able to hire additional developers within weeks.\r\n<span style=\"font-weight: bold;\">Business Awareness</span>\r\nWe align our services with the business needs of our customers. We have a highly qualified, international management team and our CEO holds an MBA from a top-10 school.\r\n<span style=\"font-weight: bold;\">Exceptional Talents</span>\r\nWe follow a rigorous hiring process and never compromise on our extremely high recruitment standards. We evaluate hundreds of engineers to fill in senior positions, while most of our junior developers come from our highly competitive Academy program with an 0.6% acceptance rate.\r\n<span style=\"font-weight: bold;\">Strong Company Culture</span>\r\nHere we could talk about our Personal Development Plans, free English classes, weekend activities and other office perks. But more importantly, Binary Studio is a place where developers feel understood and are proud of working together as one big team.\r\n<span style=\"font-weight: bold;\">Professional Communication</span>\r\nWe go out of our way to make clients feel understood. We are candid when we share our concerns, give regular updates to our customers, and frequently ask them for feedback. Moreover, all our developers speak sufficient English to effectively communicate with our customers directly.","shortDescription":"Binary Studio is a custom software development agency with a focus on long-term projects.","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":15,"sellingCount":13,"discontinued":0,"rebateForPoc":0,"rebate":0,"seo":{"title":"Binary Studio Software Development","keywords":"","description":"Binary Studio is a boutique software development agency with more than 13 years of experience. We differentiate ourselves by building strategic long-term partnerships with our clients and providing exceptional quality services at all stages of the application ","og:title":"Binary Studio Software Development","og:description":"Binary Studio is a boutique software development agency with more than 13 years of experience. 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IT outsourcing can be implemented both ways: outsides or within the country. \r\nIT outsourcing vendors can provide either a fully managed service, meaning they take full responsibility of all IT maintenance and support, or they can provide additional support for an internal IT team when needed, which is known as co-sourced IT support. A company using IT outsourcing can choose to use one provider for all their IT functions or split the work among multiple providers. \r\n<span style=\"font-weight: bold;\">Specific IT services typically outsourced include:</span>\r\n<ul><li>Application development</li><li>Web hosting</li><li>Application support</li><li>Database development</li><li>Telecommunications</li><li>Networking</li><li>Disaster recovery</li><li>Security</li></ul>\r\n<p class=\"align-center\"><span style=\"font-weight: bold; \">Reasons for Outsourcing</span></p>\r\n<span style=\"font-weight: bold; \">To Reduce Cost.</span> More often than not, outsourcing means saving money. This is often due to lower labor costs, cheaper infrastructure, or an advantageous tax system in the outsourcing location.<br /><span style=\"font-weight: bold; \">To Access Skills That Are Unavailable Locally.</span> Resources that are scarce at home can sometimes be found in abundance elsewhere, meaning you can easily reach them through outsourcing.<br /><span style=\"font-weight: bold; \">To Better Use Internal Resources</span>. By delegating some of your business processes to a third party, you’ll give your in-house employees the opportunity to focus on more meaningful tasks.<br /><span style=\"font-weight: bold; \">To Accelerate Business Processes.</span> When you stop wasting time on mundane, time-consuming processes, you’ll be able to move forward with your core offering a lot faster.<br /><span style=\"font-weight: bold; \">To Share Risks.</span> When you delegate a part of non-focus functionality by outsourcing it to a third-party vendor, you give away the responsibility and related risks.","materialsDescription":"<h3 class=\"align-center\">What are the Types of IT Outsourcing?</h3>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Project-Based Model.</span> The client hires a team to implement the part of work that is already planned and defined. The project manager from the outsourced team carries full responsibility for the quality and performance of the project.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Dedicated Team Model.</span> The client hires a team that will create a project for them, and they will work only on that project. Unlike the project-based model, a dedicated team is more engaged in your project. In this model, an outsourced team becomes your technical and product advisor. So it can offer ideas and suggest alternative solutions.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Outstaff Model.</span> It's a type of outsourcing in IT when you don't need a full-fledged development team and hire separate specialists. Sometimes the project requires finding a couple of additional professionals, and you're free to hire outstaff workers to cover that scope of work.</p>\r\n<h3 class=\"align-center\"><span style=\"font-weight: bold; \">What are IT Outsourcing examples?</span></h3>\r\nThe individual or company that becomes your outsourcing partner can be located anywhere in the world — one block away from your office or on another continent.\r\nA Bay Area-based startup partnering with an app development team in Utah and a call center in the Philippines, or a UK-based digital marketing agency hiring a Magento developer from Ukraine are both examples of outsourcing.\r\n<h3 class=\"align-center\">Why You Should Use IT Outsourcing</h3>\r\nNow that you know what IT outsourcing is, its models, and types, it's time to clarify why you need to outsource and whether you really need it. Let's go over a few situations that suggest when to opt for IT outsourcing.\r\n<ul><li><span style=\"font-weight: bold;\">You are a domain expert with idea</span></li></ul>\r\nIf you're an industry expert with the idea that solves a real problem, IT outsourcing is your choice. In this case, your main goal is to enter the market and test the solution fast. An outsourced team will help you validate the idea, build an MVP to check the hypothesis, and implement changes in your product according to market needs. It saves you money, time and lets you reach the goal.\r\n<ul><li><span style=\"font-weight: bold;\">You have an early-stage startup</span></li></ul>\r\nIt's a common case that young startups spend money faster than they get a solid team and a ready-to-market product. The Failory found that financial problems are the 3rd reason why startup fails. So it makes more sense to reduce costs by hiring an outsourced team of professionals while your business lives on investor's money. You may employ a full-cycle product development studio covering all the blind spots and bringing your product to life.\r\n<ul><li><span style=\"font-weight: bold;\">You need a technical support</span></li></ul>\r\nEven if you already have a ready solution, but it demands some technical improvements – frameworks for backend components, new language, integrations with enterprise software, UX&amp;UI design – it makes more sense to find an experienced partner. There are many functions that IT outsourcing can cover, and again it saves you the time you'd otherwise spend on looking for qualified staff.<br /><br /><br />","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_IT_outsourcing.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]}],"suppliedProducts":[{"id":2264,"logoURL":"https://old.roi4cio.com/fileadmin/user_upload/Binary_Studio__logo_.png","logo":true,"scheme":false,"title":"Binary Studio Software Development","vendorVerified":0,"rating":"1.00","implementationsCount":0,"suppliersCount":0,"supplierPartnersCount":0,"alias":"binary-studio-software-development","companyTitle":"Binary Studio","companyTypes":["supplier","vendor"],"companyId":4596,"companyAlias":"binary-studio","description":"Binary Studio is a boutique software development agency with more than 13 years of experience. We differentiate ourselves by building strategic long-term partnerships with our clients and providing exceptional quality services at all stages of the application development lifecycle.\r\nWhile there are many reasons to work with Binary Studio, here we present the ten fundamental principles and qualities that define our culture and make our company stand out:\r\n<span style=\"font-weight: bold;\">Individual Approach to Each Client</span>\r\nCustomers enjoy the attention and care they get at a small boutique agency. Our short decision making processes give us the flexibility to create individual propositions for our clients, custom-tailored to their needs.\r\n <span style=\"font-weight: bold;\">Strategic Partnerships</span>\r\nAt Binary Studio, we provide professional services and solutions and we often go the extra mile to become our client's long-term, strategic partner. We dedicate a great deal of attention to meeting our clients' needs today and we are ready to support their growing business needs tomorrow.\r\n <span style=\"font-weight: bold;\">Proven Track Record</span>\r\nWe have a proven track record of customers who have trusted us on highly complex, mission critical solutions. We are proud of our achievements, so do not hesitate to ask for references!\r\n<span style=\"font-weight: bold;\">Proved Expertise</span>\r\nOver the last 13+ years, we've earned the reputation of a trusted partner which engineers world-class software. In addition, we are certified partners of Microsoft and MongoDB and many of our engineers have also completed various certification programs.\r\n <span style=\"font-weight: bold;\">Continuous Learning</span>\r\nHere at Binary Studio, we are students always. We run our own software development school and support our employees’ continuous learning through regular trainings, development programs and a company library. We also hold a series of tech meetups called Binary Nights, which are catered for a senior IT audience, and host frequent professional events.\r\n<span style=\"font-weight: bold;\">Ability to Scale</span>\r\nBased in Lviv, Ukraine, we have access to an enormous talent pool and are able to hire additional developers within weeks.\r\n<span style=\"font-weight: bold;\">Business Awareness</span>\r\nWe align our services with the business needs of our customers. We have a highly qualified, international management team and our CEO holds an MBA from a top-10 school.\r\n<span style=\"font-weight: bold;\">Exceptional Talents</span>\r\nWe follow a rigorous hiring process and never compromise on our extremely high recruitment standards. We evaluate hundreds of engineers to fill in senior positions, while most of our junior developers come from our highly competitive Academy program with an 0.6% acceptance rate.\r\n<span style=\"font-weight: bold;\">Strong Company Culture</span>\r\nHere we could talk about our Personal Development Plans, free English classes, weekend activities and other office perks. But more importantly, Binary Studio is a place where developers feel understood and are proud of working together as one big team.\r\n<span style=\"font-weight: bold;\">Professional Communication</span>\r\nWe go out of our way to make clients feel understood. We are candid when we share our concerns, give regular updates to our customers, and frequently ask them for feedback. 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IT outsourcing can be implemented both ways: outsides or within the country. \r\nIT outsourcing vendors can provide either a fully managed service, meaning they take full responsibility of all IT maintenance and support, or they can provide additional support for an internal IT team when needed, which is known as co-sourced IT support. A company using IT outsourcing can choose to use one provider for all their IT functions or split the work among multiple providers. \r\n<span style=\"font-weight: bold;\">Specific IT services typically outsourced include:</span>\r\n<ul><li>Application development</li><li>Web hosting</li><li>Application support</li><li>Database development</li><li>Telecommunications</li><li>Networking</li><li>Disaster recovery</li><li>Security</li></ul>\r\n<p class=\"align-center\"><span style=\"font-weight: bold; \">Reasons for Outsourcing</span></p>\r\n<span style=\"font-weight: bold; \">To Reduce Cost.</span> More often than not, outsourcing means saving money. This is often due to lower labor costs, cheaper infrastructure, or an advantageous tax system in the outsourcing location.<br /><span style=\"font-weight: bold; \">To Access Skills That Are Unavailable Locally.</span> Resources that are scarce at home can sometimes be found in abundance elsewhere, meaning you can easily reach them through outsourcing.<br /><span style=\"font-weight: bold; \">To Better Use Internal Resources</span>. By delegating some of your business processes to a third party, you’ll give your in-house employees the opportunity to focus on more meaningful tasks.<br /><span style=\"font-weight: bold; \">To Accelerate Business Processes.</span> When you stop wasting time on mundane, time-consuming processes, you’ll be able to move forward with your core offering a lot faster.<br /><span style=\"font-weight: bold; \">To Share Risks.</span> When you delegate a part of non-focus functionality by outsourcing it to a third-party vendor, you give away the responsibility and related risks.","materialsDescription":"<h3 class=\"align-center\">What are the Types of IT Outsourcing?</h3>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Project-Based Model.</span> The client hires a team to implement the part of work that is already planned and defined. The project manager from the outsourced team carries full responsibility for the quality and performance of the project.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Dedicated Team Model.</span> The client hires a team that will create a project for them, and they will work only on that project. Unlike the project-based model, a dedicated team is more engaged in your project. In this model, an outsourced team becomes your technical and product advisor. So it can offer ideas and suggest alternative solutions.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Outstaff Model.</span> It's a type of outsourcing in IT when you don't need a full-fledged development team and hire separate specialists. Sometimes the project requires finding a couple of additional professionals, and you're free to hire outstaff workers to cover that scope of work.</p>\r\n<h3 class=\"align-center\"><span style=\"font-weight: bold; \">What are IT Outsourcing examples?</span></h3>\r\nThe individual or company that becomes your outsourcing partner can be located anywhere in the world — one block away from your office or on another continent.\r\nA Bay Area-based startup partnering with an app development team in Utah and a call center in the Philippines, or a UK-based digital marketing agency hiring a Magento developer from Ukraine are both examples of outsourcing.\r\n<h3 class=\"align-center\">Why You Should Use IT Outsourcing</h3>\r\nNow that you know what IT outsourcing is, its models, and types, it's time to clarify why you need to outsource and whether you really need it. Let's go over a few situations that suggest when to opt for IT outsourcing.\r\n<ul><li><span style=\"font-weight: bold;\">You are a domain expert with idea</span></li></ul>\r\nIf you're an industry expert with the idea that solves a real problem, IT outsourcing is your choice. In this case, your main goal is to enter the market and test the solution fast. An outsourced team will help you validate the idea, build an MVP to check the hypothesis, and implement changes in your product according to market needs. It saves you money, time and lets you reach the goal.\r\n<ul><li><span style=\"font-weight: bold;\">You have an early-stage startup</span></li></ul>\r\nIt's a common case that young startups spend money faster than they get a solid team and a ready-to-market product. The Failory found that financial problems are the 3rd reason why startup fails. So it makes more sense to reduce costs by hiring an outsourced team of professionals while your business lives on investor's money. 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