{"id":10155,"date":"2023-07-07T16:43:08","date_gmt":"2023-07-07T13:43:08","guid":{"rendered":"https:\/\/timspark.com\/?p=10155"},"modified":"2025-05-20T10:45:48","modified_gmt":"2025-05-20T07:45:48","slug":"outsourcing-services-from-cost-reduction-to-value","status":"publish","type":"post","link":"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/","title":{"rendered":"The Evolution of Outsourcing: From Cost Reduction to Strategic Value Creation"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Section&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;60px||||false|false&#8221; custom_padding_tablet=&#8221;60px||||false|false&#8221; 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global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;<H1>&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;Anek Latin|700|||||||&#8221; header_text_align=&#8221;center&#8221; header_font_size=&#8221;45px&#8221; header_font_tablet=&#8221;Anek Latin|700|||||||&#8221; header_font_phone=&#8221;Anek Latin|700|||||||&#8221; header_font_last_edited=&#8221;on|tablet&#8221; header_font_size_tablet=&#8221;30px&#8221; header_font_size_phone=&#8221;30px&#8221; header_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1 style=\"text-align: center;\">The Evolution of Outsourcing: From Cost Reduction to Strategic Value Creation<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_4,1_4&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; custom_padding=&#8221;||||false|false&#8221; 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counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Prze\u0142\u0105cznik Spisu Tre\u015bci\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Models_of_outsourcing_services_whats_new\">Models of outsourcing services: what&#8217;s new<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Shifting_priorities_from_cost_reduction_to_value_creation\">Shifting priorities from cost reduction to value creation<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Timsparks_take_on_the_trend\">Timspark\u2019s take on the trend<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Embracing_innovation_and_digital_transformation\">Embracing innovation and digital transformation<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Timsparks_take_on_the_trend-2\">Timspark\u2019s take on the trend<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Shift_to_a_strategic_objectives_approach\">Shift to a strategic objectives approach<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Timsparks_take_on_the_trend-3\">Timspark\u2019s take on the trend<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Risk_mitigation_and_refulations_compliance\">Risk mitigation and refulations compliance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Timsparks_take_on_the_trend-4\">Timspark\u2019s take on the trend<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Evolving_priorities_and_challenges\">Evolving priorities and challenges<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Timsparks_take_on_the_trend-5\">Timspark\u2019s take on the trend<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#In_conclusion\">In conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#Sources_used\">Sources used<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/timspark.com\/pl\/blog\/outsourcing-services-from-cost-reduction-to-value\/#About_the_author\">About the author<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n[\/et_pb_code][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; hover_enabled=&#8221;0&#8243; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span style=\"font-weight: 400;\">The shifting landscape of the business world brings new challenges to the forefront, causing clients&#8217; expectations from outsourcing to change as well. In such dynamic conditions, outsourcing is gaining more significance, offering tangible benefits beyond mere cost savings, contrary to traditional perceptions. Third-party delivery models, in turn, keep evolving to address modern operating models.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To illuminate customers&#8217; evolving priorities over the past 5\u20137 years and understand the current direction of outsourcing, we have conducted a comprehensive analysis of four Deloitte reports from 2016 to 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Consequently, <a href=\"https:\/\/www.linkedin.com\/in\/vlnemshon\/\" target=\"_blank\" rel=\"noopener\">Vlad Nemshon<\/a>, Chief Commercial Officer at Timspark, shares insightful and not-so-obvious findings regarding the evolution of outsourcing and clients&#8217; expectations in this article. Backed up with Timspark&#8217;s extensive experience in the field, we delve into an enriched perspective on this topic.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/timspark.com\/wp-content\/uploads\/2023\/07\/cover.jpg&#8221; alt=&#8221;outsourcing&#8221; title_text=&#8221;cover&#8221; show_in_lightbox=&#8221;on&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Image (Infographic Idea)&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;60%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;1080px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_margin_tablet=&#8221;||64px||false|false&#8221; custom_margin_phone=&#8221;||48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; border_radii=&#8221;on|12px|12px|12px|12px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#eaeaea&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text admin_label=&#8221;H2&#8243; module_id=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;32px&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Models_of_outsourcing_services_whats_new\"><\/span>Models of outsourcing services: what&#8217;s new<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; header_font_size__hover=&#8221;30px&#8221; header_font_size__hover_enabled=&#8221;30px&#8221; header_letter_spacing__hover=&#8221;0px&#8221; header_letter_spacing__hover_enabled=&#8221;0px&#8221; header_text_shadow_style__hover=&#8221;none&#8221; header_text_shadow_style__hover_enabled=&#8221;none&#8221; header_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_2_font_size__hover=&#8221;26px&#8221; header_2_font_size__hover_enabled=&#8221;26px&#8221; header_2_letter_spacing__hover=&#8221;0px&#8221; header_2_letter_spacing__hover_enabled=&#8221;0px&#8221; header_2_line_height__hover=&#8221;1em&#8221; header_2_line_height__hover_enabled=&#8221;1em&#8221; header_2_text_shadow_style__hover=&#8221;none&#8221; header_2_text_shadow_style__hover_enabled=&#8221;none&#8221; header_2_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_2_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_3_font_size__hover=&#8221;22px&#8221; header_3_font_size__hover_enabled=&#8221;22px&#8221; header_3_letter_spacing__hover=&#8221;0px&#8221; header_3_letter_spacing__hover_enabled=&#8221;0px&#8221; header_3_line_height__hover=&#8221;1em&#8221; header_3_line_height__hover_enabled=&#8221;1em&#8221; header_3_text_shadow_style__hover=&#8221;none&#8221; header_3_text_shadow_style__hover_enabled=&#8221;none&#8221; header_3_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_3_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_4_font_size__hover=&#8221;18px&#8221; header_4_font_size__hover_enabled=&#8221;18px&#8221; header_4_letter_spacing__hover=&#8221;0px&#8221; header_4_letter_spacing__hover_enabled=&#8221;0px&#8221; header_4_line_height__hover=&#8221;1em&#8221; header_4_line_height__hover_enabled=&#8221;1em&#8221; header_4_text_shadow_style__hover=&#8221;none&#8221; header_4_text_shadow_style__hover_enabled=&#8221;none&#8221; header_4_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_4_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_5_font_size__hover=&#8221;16px&#8221; header_5_font_size__hover_enabled=&#8221;16px&#8221; header_5_letter_spacing__hover=&#8221;0px&#8221; header_5_letter_spacing__hover_enabled=&#8221;0px&#8221; header_5_line_height__hover=&#8221;1em&#8221; header_5_line_height__hover_enabled=&#8221;1em&#8221; header_5_text_shadow_style__hover=&#8221;none&#8221; header_5_text_shadow_style__hover_enabled=&#8221;none&#8221; header_5_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_5_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_6_font_size__hover=&#8221;14px&#8221; header_6_font_size__hover_enabled=&#8221;14px&#8221; header_6_letter_spacing__hover=&#8221;0px&#8221; header_6_letter_spacing__hover_enabled=&#8221;0px&#8221; header_6_line_height__hover=&#8221;1em&#8221; header_6_line_height__hover_enabled=&#8221;1em&#8221; header_6_text_shadow_style__hover=&#8221;none&#8221; header_6_text_shadow_style__hover_enabled=&#8221;none&#8221; header_6_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_6_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; text_letter_spacing__hover=&#8221;0px&#8221; text_letter_spacing__hover_enabled=&#8221;0px&#8221; text_text_shadow_style__hover=&#8221;none&#8221; text_text_shadow_style__hover_enabled=&#8221;none&#8221; text_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; text_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">As organizations strive for growth, they encounter the challenges of a fiercely competitive global talent market. These are coupled with rapid technological advancements that surpass practical adoption timelines.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this demanding situation, where balancing cost and accessing new skills and capabilities is crucial, organizations call upon agile and integrated service providers. While project-based outsourcing is still the most common type of third-party delivery service, businesses are becoming more open to new outsourcing models.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As businesses evolve, the services they seek from providers shift towards more intricate and essential functions. This demand goes beyond traditional capabilities and fosters closer integration with internal and external talent. In fact, <strong>45% of executives embrace new outsourcing models<\/strong> to address changing regulatory requirements. By partnering with third-party providers, organizations gain the needed technology and process guidance and can tap into their deep industry knowledge.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Quote&#8221; _builder_version=&#8221;4.24.3&#8243; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; header_font_size__hover=&#8221;30px&#8221; header_font_size__hover_enabled=&#8221;30px&#8221; header_letter_spacing__hover=&#8221;0px&#8221; header_letter_spacing__hover_enabled=&#8221;0px&#8221; header_text_shadow_style__hover=&#8221;none&#8221; header_text_shadow_style__hover_enabled=&#8221;none&#8221; header_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_2_font_size__hover=&#8221;26px&#8221; header_2_font_size__hover_enabled=&#8221;26px&#8221; header_2_letter_spacing__hover=&#8221;0px&#8221; header_2_letter_spacing__hover_enabled=&#8221;0px&#8221; header_2_line_height__hover=&#8221;1em&#8221; header_2_line_height__hover_enabled=&#8221;1em&#8221; header_2_text_shadow_style__hover=&#8221;none&#8221; header_2_text_shadow_style__hover_enabled=&#8221;none&#8221; header_2_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_2_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_3_font_size__hover=&#8221;22px&#8221; header_3_font_size__hover_enabled=&#8221;22px&#8221; header_3_letter_spacing__hover=&#8221;0px&#8221; header_3_letter_spacing__hover_enabled=&#8221;0px&#8221; header_3_line_height__hover=&#8221;1em&#8221; header_3_line_height__hover_enabled=&#8221;1em&#8221; header_3_text_shadow_style__hover=&#8221;none&#8221; header_3_text_shadow_style__hover_enabled=&#8221;none&#8221; header_3_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_3_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_4_font_size__hover=&#8221;18px&#8221; header_4_font_size__hover_enabled=&#8221;18px&#8221; header_4_letter_spacing__hover=&#8221;0px&#8221; header_4_letter_spacing__hover_enabled=&#8221;0px&#8221; header_4_line_height__hover=&#8221;1em&#8221; header_4_line_height__hover_enabled=&#8221;1em&#8221; header_4_text_shadow_style__hover=&#8221;none&#8221; header_4_text_shadow_style__hover_enabled=&#8221;none&#8221; header_4_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_4_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_5_font_size__hover=&#8221;16px&#8221; header_5_font_size__hover_enabled=&#8221;16px&#8221; header_5_letter_spacing__hover=&#8221;0px&#8221; header_5_letter_spacing__hover_enabled=&#8221;0px&#8221; header_5_line_height__hover=&#8221;1em&#8221; header_5_line_height__hover_enabled=&#8221;1em&#8221; header_5_text_shadow_style__hover=&#8221;none&#8221; header_5_text_shadow_style__hover_enabled=&#8221;none&#8221; header_5_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_5_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_6_font_size__hover=&#8221;14px&#8221; header_6_font_size__hover_enabled=&#8221;14px&#8221; header_6_letter_spacing__hover=&#8221;0px&#8221; header_6_letter_spacing__hover_enabled=&#8221;0px&#8221; header_6_line_height__hover=&#8221;1em&#8221; header_6_line_height__hover_enabled=&#8221;1em&#8221; header_6_text_shadow_style__hover=&#8221;none&#8221; header_6_text_shadow_style__hover_enabled=&#8221;none&#8221; header_6_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_6_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; text_letter_spacing__hover=&#8221;0px&#8221; text_letter_spacing__hover_enabled=&#8221;0px&#8221; text_text_shadow_style__hover=&#8221;none&#8221; text_text_shadow_style__hover_enabled=&#8221;none&#8221; text_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; text_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221;]<\/p>\n<blockquote>\n<p>As businesses evolve, their demand goes beyond traditional capabilities and fosters closer integration with both internal and external talent.<\/p>\n<\/blockquote>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px|auto|0px|auto|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; hover_enabled=&#8221;0&#8243; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span style=\"font-weight: 400;\">Deloitte, in particular, coins such new outsourcing models as <\/span><b>Operate Services<\/b><span style=\"font-weight: 400;\">. These possess several distinguishing features:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">They prioritize outcomes and innovation, leveraging technology and cost optimization;<\/span><\/li>\n<li><span style=\"font-weight: 400;\">They grant clients on-demand access to rare talents, experiences, skills, and cutting-edge technology;<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The scope of services they offer is extensive and adaptable, fostering a highly collaborative relationship with the vendor that often feels like an extension of the organization.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">We at Timspark developed <\/span>a unique approach of <a href=\"https:\/\/timspark.com\/blog\/unbreakable-core-teams-how-timspark-transforms-outsourcing-landscape-with-disruptive-delivery-model\/\">core teams<\/a><span style=\"font-weight: 400;\">, filling the gap left by traditional outsourcing models. Other relatively new outsourcing models are <\/span><span style=\"font-weight: 400;\">Team as a Service (TaaS) and Dedicated Teams.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While specific terminologies may differ across services, the key aspect is that these disruptive models employ automation and data insights to drive value within their services.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, let&#8217;s delve deeper into each factor that shapes the outsourcing landscape and new collaboration models and examine its evolution over the past five to seven years.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||20px||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;H2&#8243; module_id=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;32px&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shifting_priorities_from_cost_reduction_to_value_creation\"><\/span>Shifting priorities from cost reduction to value creation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">The last 5-7 years revealed a significant shift in clients&#8217; outsourcing priorities as they recognized broader benefits of outsourcing beyond cost savings.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/timspark.com\/wp-content\/uploads\/2023\/07\/Shifting-priorities-from-cost-reduction-to-value-creation.png&#8221; alt=&#8221;Shifting priorities from cost reduction to value creation&#8221; title_text=&#8221;Shifting priorities from cost reduction to value creation&#8221; show_in_lightbox=&#8221;on&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Image (Infographic Idea)&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;80%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;1080px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_margin_tablet=&#8221;||64px||false|false&#8221; custom_margin_phone=&#8221;||48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; hover_enabled=&#8221;0&#8243; border_radii=&#8221;on|12px|12px|12px|12px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#eaeaea&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><b>In 2016, <\/b><span style=\"font-weight: 400;\">clients recognized that outsourcing could deliver tangible benefits beyond cost savings. They viewed outsourcing as a critical enabler of M&amp;A activity and sought value-added benefits, strategic impact, and innovation from outsourcing partnerships. This indicated a shift in priorities toward value creation.<\/span><span style=\"font-weight: 400;\"><\/p>\n<p><\/span><\/p>\n<p><b>In 2018<\/b><span style=\"font-weight: 400;\">, the objectives of outsourcing moved towards enabling speed to market, scaling faster, enhancing user experience, and achieving competitive advantage. There was an emphasis on value delivery and accountability for action, as disappointment in value delivery led to bringing work back in-house.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">Comparing a 5-years\u2019 difference (from <\/span><b>2016<\/b><span style=\"font-weight: 400;\"> to <\/span><b>2020)<\/b><span style=\"font-weight: 400;\">, one may notice<\/span> <span style=\"font-weight: 400;\">a bounce back to cost reduction as a priority for a great number of organizations. The impact of COVID-19 bringing an uncertain economic environment played a key role here.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/timspark.com\/wp-content\/uploads\/2023\/07\/2016.png&#8221; alt=&#8221;Motivation to outsource in 2016&#8243; title_text=&#8221;Motivation to outsource in 2016&#8243; show_in_lightbox=&#8221;on&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Image (Infographic Idea)&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;80%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;1080px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_margin_tablet=&#8221;||64px||false|false&#8221; custom_margin_phone=&#8221;||48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; hover_enabled=&#8221;0&#8243; border_radii=&#8221;on|12px|12px|12px|12px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#eaeaea&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; max_width=&#8221;70%&#8221; hover_enabled=&#8221;0&#8243; header_2_font_size_phone=&#8221;15px&#8221; global_colors_info=&#8221;{}&#8221; module_alignment=&#8221;center&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: center;\"><em><span style=\"font-weight: 400;\">Source: <a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/process-and-operations\/us-cons-sdt-gos-exec-summary-2016.pdf\" target=\"_blank\" rel=\"nofollow noopener\">Deloitte Global Outsourcing Survey 2016<\/a><\/span><\/em><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/timspark.com\/wp-content\/uploads\/2023\/07\/2020.png&#8221; alt=&#8221;Motivation to outsource in 2020&#8243; title_text=&#8221;Motivation to outsource in 2020&#8243; show_in_lightbox=&#8221;on&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Image (Infographic Idea)&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;80%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;1080px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_margin_tablet=&#8221;||64px||false|false&#8221; custom_margin_phone=&#8221;||48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; hover_enabled=&#8221;0&#8243; border_radii=&#8221;on|12px|12px|12px|12px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#eaeaea&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; max_width=&#8221;70%&#8221; min_height=&#8221;67px&#8221; hover_enabled=&#8221;0&#8243; header_2_font_size_phone=&#8221;15px&#8221; global_colors_info=&#8221;{}&#8221; module_alignment=&#8221;center&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: center;\"><i><span style=\"font-weight: 400;\">Source: <\/span><\/i><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/process-and-operations\/us-deloitte-global-out-sourcing-survey-2020.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><i><span style=\"font-weight: 400;\">Deloitte Global Outsourcing Survey 2020<\/span><\/i><\/a><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><b>From 2018 to 2022<\/b><span style=\"font-weight: 400;\">, the trend toward value creation intensified, and cost reduction diminished in importance. Clients focused on accessing capabilities, technology, and comprehensive support from outsourcing partnerships. <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"><\/span><b>In 2022<\/b><span style=\"font-weight: 400;\"> value creation became a key focus, reflecting the evolving nature of outsourcing relationships and their strategic value to organizations. In particular, clients started to see outsourcing as vital for M&amp;A activity, seeking value, strategic impact, and innovation. <\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|desktop&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_padding=&#8221;0px||0px|32px|true|false&#8221; custom_padding_tablet=&#8221;0px||0px|32px|true|false&#8221; custom_padding_phone=&#8221;0px||0px|32px|true|false&#8221; border_width_left=&#8221;4px&#8221; border_color_left=&#8221;#b973ff&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_id=&#8221;1&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; header_3_font=&#8221;Anek Latin|600|||||||&#8221; header_3_font_size=&#8221;24px&#8221; header_3_line_height=&#8221;1.2em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|8px||false|false&#8221; custom_margin_tablet=&#8221;|0px|8px||false|false&#8221; custom_margin_phone=&#8221;|0px|8px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; header_3_font_size_tablet=&#8221;24px&#8221; header_3_font_size_phone=&#8221;24px&#8221; header_3_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Timsparks_take_on_the_trend\"><\/span><b>Timspark\u2019s take on the trend<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; hover_enabled=&#8221;0&#8243; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span style=\"font-weight: 400;\">As clients increasingly focus on accessing new capabilities, leveraging technology, seeking collaboration with service providers, and value creation, we at Timspark keep up the pace.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Rather than focusing solely on cost reduction, we take advantage of outsourcing and Team-as-a-Service (TaaS) models yet enhance them with our bold vision of dedicated teams with unique expertise and high motivation. We believe that comprehensive support and transparency during all the stages of product development, from <a href=\"https:\/\/timspark.com\/blog\/expectations-at-project-discovery-phase\/\">the discovery phase<\/a> to launch, help drive value to the business.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_4,1_4&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;2&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.21.0&#8243; background_color=&#8221;#b973ff&#8221; max_width=&#8221;1280px&#8221; custom_padding=&#8221;40px|40px|40px|40px|true|false&#8221; border_radii=&#8221;on|5px|5px|5px|5px&#8221; use_custom_width=&#8221;on&#8221; custom_width_px=&#8221;1280px&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; background__hover_enabled=&#8221;on|hover&#8221; background_color__hover=&#8221;#c6c7cc&#8221; background_enable_color__hover=&#8221;on&#8221;][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;4.16&#8243; 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_builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; custom_padding_tablet=&#8221;0px||&#8221; custom_padding_last_edited=&#8221;off|desktop&#8221; global_colors_info=&#8221;{}&#8221; padding_tablet=&#8221;0px||&#8221; padding_last_edited=&#8221;off|desktop&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_button button_url=&#8221;https:\/\/techreviewer.co\/blog\/software-development-companies-rates-in-2023&#8243; url_new_window=&#8221;on&#8221; button_text=&#8221;Survey results&#8221; button_alignment=&#8221;right&#8221; _builder_version=&#8221;4.21.2&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;16px&#8221; button_text_color=&#8221;#000000&#8243; button_bg_color=&#8221;#ffffff&#8221; button_border_width=&#8221;5px&#8221; button_border_color=&#8221;rgba(0,0,0,0)&#8221; button_border_radius=&#8221;5px&#8221; button_font=&#8221;Fira Sans||||||||&#8221; button_use_icon=&#8221;off&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; button_bg_color__hover=&#8221;rgba(255,255,255,0.7)&#8221; button_bg_color__hover_enabled=&#8221;on&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;H2&#8243; module_id=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;32px&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; hover_enabled=&#8221;0&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Embracing_innovation_and_digital_transformation\"><\/span>Embracing innovation and digital transformation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">From 2016, the overall trend suggests an evolving mindset toward embracing innovation and transformation as key considerations in outsourcing strategies.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/timspark.com\/wp-content\/uploads\/2023\/07\/Embracing-innovation-and-digital-transformation.png&#8221; alt=&#8221;Embracing innovation and digital transformation&#8221; title_text=&#8221;Embracing innovation and digital transformation&#8221; show_in_lightbox=&#8221;on&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Image (Infographic Idea)&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;80%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;1080px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_margin_tablet=&#8221;||64px||false|false&#8221; custom_margin_phone=&#8221;||48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; hover_enabled=&#8221;0&#8243; border_radii=&#8221;on|12px|12px|12px|12px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#eaeaea&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><b>In 2016<\/b><span style=\"font-weight: 400;\">, customers recognized the need for innovative services and transformational requirements facilitated by technological advancements. They sought service providers who could offer innovative solutions and enable business growth. The importance of embracing technological advancements, such as robotic and cognitive process automation, was recognized for driving transformational change.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/p>\n<p><b>In 2018<\/b><span style=\"font-weight: 400;\">, clients were open to disruptive solutions and innovative approaches, actively considering how to change solutions, which partners could elevate them, and how to incentivize continual innovation. There was a proactive and forward-thinking attitude toward leveraging new technologies and approaches to drive innovation and transformation.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><b><\/b><\/p>\n<p><b>For the year 2020<\/b><span style=\"font-weight: 400;\">, the Deloitte report mentioned the importance of innovation, market competitiveness, and leveraging the latest technologies for driving business transformation. Clients sought providers who could help them embrace disruptive technologies and identified cloud and automation as driving forces for change.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/p>\n<p><b>From 2018 to 2022<\/b><span style=\"font-weight: 400;\">, the importance of innovation and transformation in the outsourcing industry is consistently recognized. Clients increasingly seek innovative services, disruptive solutions, and the ability to leverage new technologies to drive business transformation and stay competitive. The shift in priorities from cost reduction to value creation aligns with this focus on embracing innovation and transformation. <\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|desktop&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_padding=&#8221;0px||0px|32px|true|false&#8221; custom_padding_tablet=&#8221;0px||0px|32px|true|false&#8221; custom_padding_phone=&#8221;0px||0px|32px|true|false&#8221; border_width_left=&#8221;4px&#8221; border_color_left=&#8221;#b973ff&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_id=&#8221;1&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; header_3_font=&#8221;Anek Latin|600|||||||&#8221; header_3_font_size=&#8221;24px&#8221; header_3_line_height=&#8221;1.2em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|8px||false|false&#8221; custom_margin_tablet=&#8221;|0px|8px||false|false&#8221; custom_margin_phone=&#8221;|0px|8px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; header_3_font_size_tablet=&#8221;24px&#8221; header_3_font_size_phone=&#8221;24px&#8221; header_3_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Timsparks_take_on_the_trend-2\"><\/span><b>Timspark\u2019s take on the trend<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; hover_enabled=&#8221;0&#8243; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span style=\"font-weight: 400;\">Following the evolving trend toward <\/span><span style=\"font-weight: 400;\">innovation, teams at <\/span><span style=\"font-weight: 400;\">Timspark tap into <a href=\"https:\/\/timspark.com\/services\/artificial-intelligence-software-development\/\">cutting-edge technologies<\/a>\u00a0and best practices for software development, such as automation, AI, data management, cloud computing, and more, to drive digital transformation for businesses.\u00a0 <\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;H2&#8243; module_id=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;32px&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shift_to_a_strategic_objectives_approach\"><\/span>Shift to a strategic objectives approach<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">Tracing the trends, one can notice that customers have evolved their understanding of outsourcing from a cost-centric approach to a strategic approach focused on achieving value, driving transformation, and aligning with long-term business objectives.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/timspark.com\/wp-content\/uploads\/2023\/07\/Shift-to-a-strategic-objectives-approach.png&#8221; alt=&#8221;Shift to a strategic objectives approach&#8221; title_text=&#8221;Shift to a strategic objectives approach&#8221; show_in_lightbox=&#8221;on&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Image (Infographic Idea)&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;80%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;1080px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_margin_tablet=&#8221;||64px||false|false&#8221; custom_margin_phone=&#8221;||48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; hover_enabled=&#8221;0&#8243; border_radii=&#8221;on|12px|12px|12px|12px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#eaeaea&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><b>2016 <\/b><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">The information provided in the report implies that customers were broadening their approach to outsourcing and considering it beyond a cost-cutting measure. Strategic objectives such as value creation, innovation, and risk mitigation were becoming increasingly important. Customers sought innovative solutions, recognized the value of outsourcing for business growth, and saw it as a means to mitigate legislative and cyber security risks.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\"><br \/><\/span><b>2018 <\/b><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">While the texts did not explicitly discuss strategic objectives, there was an emphasis on achieving competitive advantage, increased agility, efficiency, and effectiveness<\/span> <span style=\"font-weight: 400;\">through outsourcing. This suggests that strategic objectives related to improving overall business performance, driving innovation, and focusing on core competencies likely influenced outsourcing decisions.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><b><br \/><\/b><b>2020<\/b><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">While the texts did not explicitly discuss strategic objectives, there was an emphasis on achieving competitive advantage, increased agility, efficiency, and effectiveness through outsourcing. This suggests that strategic objectives related to improving overall business performance, driving innovation, and focusing on core competencies likely influenced outsourcing decisions.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\"><br \/><\/span><b>2022 <\/b><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">The report explicitly mentioned a shift in the outsourcing mindset from a tactical cost-saving approach to a strategic focus. Clients prioritized capabilities, value, and outcomes over cost reduction, indicating a recognition of the broader benefits outsourcing can offer. Clients sought comprehensive end-to-end solutions and emphasized ecosystem management across vendors for transparent and integrated support aligned with their strategic objectives.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\"><br \/><\/span><b>From 2018 to 2022<\/b><span style=\"font-weight: 400;\">, there is a clear shift towards a more strategic approach in outsourcing decisions. Clients increasingly prioritize strategic objectives such as value creation, business transformation, scalability, agility, and technology enablement. There is a recognition that outsourcing can be a tool to achieve broader business goals and drive change. The focus on comprehensive solutions, ecosystem management, and aligning outsourcing with strategic objectives further emphasizes the strategic nature of outsourcing decisions in 2022.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||20px||false|false&#8221; custom_padding=&#8221;0px||0px|32px|true|false&#8221; custom_padding_tablet=&#8221;0px||0px|32px|true|false&#8221; custom_padding_phone=&#8221;0px||0px|32px|true|false&#8221; border_width_left=&#8221;4px&#8221; border_color_left=&#8221;#b973ff&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_id=&#8221;1&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; header_3_font=&#8221;Anek Latin|600|||||||&#8221; header_3_font_size=&#8221;24px&#8221; header_3_line_height=&#8221;1.2em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|8px||false|false&#8221; custom_margin_tablet=&#8221;|0px|8px||false|false&#8221; custom_margin_phone=&#8221;|0px|8px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; header_3_font_size_tablet=&#8221;24px&#8221; header_3_font_size_phone=&#8221;24px&#8221; header_3_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Timsparks_take_on_the_trend-3\"><\/span><b>Timspark\u2019s take on the trend<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">At Timspark, we see our role in the project as strategic <\/span><span style=\"font-weight: 400;\">partners, not just executives. Our <\/span><span style=\"font-weight: 400;\">semi-independent Core <\/span><span style=\"font-weight: 400;\">Teams accumulate expertise in both \u2014 the technological vertical and business domains. They bring their motivation and product vision at all stages of development, striving for the project\u2019s success in the long run. <\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; min_height=&#8221;1313.2px&#8221; custom_margin=&#8221;||20px||false|false&#8221; custom_padding=&#8221;54px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;H2&#8243; module_id=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;32px&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risk_mitigation_and_refulations_compliance\"><\/span>Risk mitigation and refulations compliance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">Overall, the trends indicate that risk mitigation and compliance remain key considerations for clients in outsourcing. One can notice an increasing emphasis on proactive management, addressing changing regulations, data security, and leveraging specialized expertise.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/timspark.com\/wp-content\/uploads\/2023\/07\/Risk-mitigation-and-regulations-compliance.png&#8221; alt=&#8221;Risk mitigation and regulations compliance&#8221; title_text=&#8221;Risk mitigation and regulations compliance&#8221; show_in_lightbox=&#8221;on&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Image (Infographic Idea)&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;80%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;1080px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_margin_tablet=&#8221;||64px||false|false&#8221; custom_margin_phone=&#8221;||48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; hover_enabled=&#8221;0&#8243; border_radii=&#8221;on|12px|12px|12px|12px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#eaeaea&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><b>In 2016<\/b><span style=\"font-weight: 400;\">, customers recognized legislative and cyber security risks as a priority and saw outsourcing as a means to mitigate these risks. Compliance with legal and regulatory requirements was also implied as a concern. However, the report indicated room for improvement in dedicating more outsourcing resources to vendor management capabilities.<\/span><\/p>\n<p><b>In 2018<\/b><span style=\"font-weight: 400;\">, organizations were increasingly proactive in managing cyber risk and took steps to address security, changing regulations, organizational resistance, and skill gaps. Clients were concerned about data security and compliance with laws and regulations when selecting service providers, and they enforced data risk and security protocols through contractual agreements and periodic evaluations. The emphasis was on risk mitigation and compliance in outsourcing decisions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/process-and-operations\/us-deloitte-global-out-sourcing-survey-2020.pdf\" target=\"_blank\" rel=\"noopener\">According to the report<\/a>, <\/span><b>as of 2020<\/b><span style=\"font-weight: 400;\">, risk mitigation was a key concern for organizations in outsourcing. Clients sought more robust mechanisms for risk mitigation, aimed to avoid vendor lock-in, and expressed concerns about cloud data security. Service providers recognized the importance of improving cloud data security as a focus area. Risk mitigation and compliance remained significant considerations.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/p>\n<p><b>From 2018 to 2022<\/b><span style=\"font-weight: 400;\">, there is a consistent focus on risk mitigation and compliance in outsourcing decisions. Clients continue to prioritize these aspects and seek outsourcing partners who can provide comprehensive support in managing risks and ensuring compliance. They also recognize the value of engaging trusted third-party providers to leverage their expertise in cybersecurity and data analytics. Ecosystem management, including transparency, culture, and trust, was emphasized to address complex risk and compliance challenges.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||20px||false|false&#8221; custom_padding=&#8221;0px||0px|32px|false|false&#8221; custom_padding_tablet=&#8221;0px||0px|32px|false|false&#8221; custom_padding_phone=&#8221;0px||0px|32px|false|false&#8221; border_width_left=&#8221;4px&#8221; border_color_left=&#8221;#b973ff&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_id=&#8221;1&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; header_3_font=&#8221;Anek Latin|600|||||||&#8221; header_3_font_size=&#8221;24px&#8221; header_3_line_height=&#8221;1.2em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|8px||false|false&#8221; custom_margin_tablet=&#8221;|0px|8px||false|false&#8221; custom_margin_phone=&#8221;|0px|8px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; header_3_font_size_tablet=&#8221;24px&#8221; header_3_font_size_phone=&#8221;24px&#8221; header_3_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Timsparks_take_on_the_trend-4\"><\/span>Timspark\u2019s take on the trend<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">We take a proactive approach by bridging the gap between Delivery and potential clients and between Presales and Delivery. We aim to minimize risks from the early stages by involving the Core Team and Team Manager during presales. They study your requirements, suggest ways to bring them to life, and provide estimates. This collaboration ensures the proper transfer of guidelines and vision to the Delivery (Core Team), resulting in a shared understanding and commitment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">High-performance certified teams with domain expertise and an experienced project manager in charge provide for compliance with industry-specific regulations and standards, such as ISO, GDPR, and HIPAA, while regular security controls, encryption mechanisms, and data protection protocols help meet compliance requirements.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;H2&#8243; module_id=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;32px&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Evolving_priorities_and_challenges\"><\/span>Evolving priorities and challenges<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">Overall, the trends indicate that risk mitigation and compliance remain key considerations for clients in outsourcing. One can notice an increasing emphasis on proactive management, addressing changing regulations, data security, and leveraging specialized expertise.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/timspark.com\/wp-content\/uploads\/2023\/07\/Evolving-priorities-and-challenges.png&#8221; alt=&#8221;Evolving priorities and challenges&#8221; title_text=&#8221;Evolving priorities and challenges&#8221; show_in_lightbox=&#8221;on&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Image (Infographic Idea)&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;80%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;1080px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_margin_tablet=&#8221;||64px||false|false&#8221; custom_margin_phone=&#8221;||48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; hover_enabled=&#8221;0&#8243; border_radii=&#8221;on|12px|12px|12px|12px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#eaeaea&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; hover_enabled=&#8221;0&#8243; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span style=\"font-weight: 400;\">The information from <\/span><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/process-and-operations\/us-cons-sdt-gos-exec-summary-2016.pdf\" target=\"_blank\" rel=\"nofollow noopener\">the report <\/a>suggests that, as of 2016,<span style=\"font-weight: 400;\">\u00a0companies were broadening their approach to outsourcing and recognizing it as more than just a cost-cutting strategy. There was a shift towards focusing on value creation, innovation, and business transformation. Clients were redefining their approach to outsourcing and actively tracking innovation in outsourcing agreements. The recognition of evolving challenges related to cybersecurity was also evident.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><b><\/b><\/p>\n<p><b>The year 2018<\/b><span style=\"font-weight: 400;\"> marked a shift in the focus of outsourcing from traditional work transfer to upfront transformation and automation. The emphasis moved towards achieving competitive advantage, top-line growth, and driving innovation through outsourcing. Clients faced evolving priorities and challenges related to security, cyber risks, changing regulations, organizational resistance, and skill gaps. Proactive measures, including contractual enforcement of data risk and security protocols, were taken to address these challenges.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><b><br \/><\/b><b>In 2020, <\/b><span style=\"font-weight: 400;\">the outsourcing landscape was constantly evolving with new disruptive solutions. The outsourcing priorities shifted towards market speed, scaling faster, enhancing user experience, and achieving competitive advantage. The challenges associated with outsourcing included balancing details with speed, the emergence of faster contracting mechanisms, and the importance of change management.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall, <\/span><b>from 2018 to 2022<\/b><span style=\"font-weight: 400;\">, there was a noticeable shift in client attitudes towards outsourcing. While cost optimization remained important, there was a clear focus on achieving competitive advantage, driving innovation, and aligning outsourcing with strategic goals. Clients faced evolving priorities and challenges related to security, cultural impact, and budget considerations. The emphasis on collaboration, value creation, and the emergence of new outsourcing models demonstrated the need for innovation and transformation in addressing evolving priorities and challenges.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||48px||false|false&#8221; custom_padding=&#8221;0px||0px|32px|false|false&#8221; border_width_left=&#8221;4px&#8221; border_color_left=&#8221;#b973ff&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_id=&#8221;1&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; header_3_font=&#8221;Anek Latin|600|||||||&#8221; header_3_font_size=&#8221;24px&#8221; header_3_line_height=&#8221;1.2em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|8px||false|false&#8221; custom_margin_tablet=&#8221;|0px|8px||false|false&#8221; custom_margin_phone=&#8221;|0px|8px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; header_3_font_size_tablet=&#8221;24px&#8221; header_3_font_size_phone=&#8221;24px&#8221; header_3_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Timsparks_take_on_the_trend-5\"><\/span>Timspark\u2019s take on the trend<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">The shift in the outsourcing mindset from a tactical cost-saving approach to a strategic focus leads the way for vendors. As clients view outsourcing as a tool to enhance overall business objectives, outsourcing partners should also prioritize capabilities, value, and outcomes. This may happen only in tight collaboration with service providers and constant synchronization on the vision of the value creation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Partnering with Timspark, you will always be in the know about the development process, retain quality control throughout the project, and keep it aligned with your company&#8217;s objectives at all stages.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; min_height=&#8221;251.5px&#8221; custom_margin=&#8221;||20px||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;H2&#8243; module_id=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font_size=&#8221;32px&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"In_conclusion\"><\/span>In conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">Summing up all the above mentioned processes, clients recognize outsourcing as a strategic enabler for achieving long-term business objectives, driving innovation, and ensuring sustainable growth.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><\/span><strong>Here are the main takeaways you may consider:<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There is a vivid shift in priorities from cost reduction to value creation, emphasizing strategic objectives, innovation, risk mitigation, and compliance.<\/span><\/span><\/span>\u00a0<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Clients increasingly recognize the broader benefits of outsourcing beyond cost savings and prioritize competitive advantage, agility, and effectiveness.<\/span><\/span><\/span>\u00a0<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">There is a growing focus on embracing innovation and transformation, leveraging new technologies, and driving business growth.<\/span><\/span><\/span>\u00a0<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Strategic considerations such as value creation, scalability, and technology enablement are now central to outsourcing decisions.<\/span><\/span><\/span>\u00a0<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Risk mitigation and compliance remain key concerns, with clients seeking trusted providers to address cybersecurity and regulatory requirements.<\/span><\/span><\/span>\u00a0<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The evolving nature of priorities and challenges necessitates a flexible and proactive approach to outsourcing driven by collaboration, value creation, and new outsourcing models.\u00a0\u00a0<\/span><\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">The attitude towards outsourcing has undergone a significant transformation, with clients embracing a broader perspective encompassing strategic value creation, innovation, risk management, and agility. While cost reduction remains a factor, it is now accompanied by a more holistic approach to achieving long-term business goals. By leveraging the expertise of external service providers, organizations can unlock new opportunities, drive innovation, and achieve sustainable growth.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_id=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; header_3_font=&#8221;Anek Latin|600|||||||&#8221; header_3_font_size=&#8221;24px&#8221; header_3_line_height=&#8221;1.2em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|8px||false|false&#8221; custom_margin_tablet=&#8221;|0px|8px||false|false&#8221; custom_margin_phone=&#8221;|0px|8px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; header_3_font_size_tablet=&#8221;24px&#8221; header_3_font_size_phone=&#8221;24px&#8221; header_3_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Sources_used\"><\/span>Sources used<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><a href=\"https:\/\/www2.deloitte.com\/us\/en\/pages\/operations\/articles\/global-outsourcing-survey.html\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Deloitte Global Outsourcing Survey 2022<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/a><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/process-and-operations\/us-deloitte-global-out-sourcing-survey-2020.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Deloitte Global Outsourcing Survey 2020<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/a><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/process-and-operations\/us-cons-global-outsourcing-survey.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Deloitte Global Outsourcing Survey 2018<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/a><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/process-and-operations\/us-cons-sdt-gos-exec-summary-2016.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Deloitte Global Outsourcing Survey 2016<\/span><\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_5,2_5&#8243; 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header_4_font_size__hover_enabled=&#8221;18px&#8221; header_4_letter_spacing__hover=&#8221;0px&#8221; header_4_letter_spacing__hover_enabled=&#8221;0px&#8221; header_4_line_height__hover=&#8221;1em&#8221; header_4_line_height__hover_enabled=&#8221;1em&#8221; header_4_text_shadow_style__hover=&#8221;none&#8221; header_4_text_shadow_style__hover_enabled=&#8221;none&#8221; header_4_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_4_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_5_font_size__hover=&#8221;16px&#8221; header_5_font_size__hover_enabled=&#8221;16px&#8221; header_5_letter_spacing__hover=&#8221;0px&#8221; header_5_letter_spacing__hover_enabled=&#8221;0px&#8221; header_5_line_height__hover=&#8221;1em&#8221; header_5_line_height__hover_enabled=&#8221;1em&#8221; header_5_text_shadow_style__hover=&#8221;none&#8221; header_5_text_shadow_style__hover_enabled=&#8221;none&#8221; header_5_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_5_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; header_6_font_size__hover=&#8221;14px&#8221; header_6_font_size__hover_enabled=&#8221;14px&#8221; header_6_letter_spacing__hover=&#8221;0px&#8221; header_6_letter_spacing__hover_enabled=&#8221;0px&#8221; header_6_line_height__hover=&#8221;1em&#8221; header_6_line_height__hover_enabled=&#8221;1em&#8221; header_6_text_shadow_style__hover=&#8221;none&#8221; header_6_text_shadow_style__hover_enabled=&#8221;none&#8221; header_6_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; header_6_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221; text_letter_spacing__hover=&#8221;0px&#8221; text_letter_spacing__hover_enabled=&#8221;0px&#8221; text_text_shadow_style__hover=&#8221;none&#8221; text_text_shadow_style__hover_enabled=&#8221;none&#8221; text_text_shadow_color__hover=&#8221;rgba(0,0,0,0.4)&#8221; text_text_shadow_color__hover_enabled=&#8221;rgba(0,0,0,0.4)&#8221;]<\/p>\n<h3><span class=\"ez-toc-section\" id=\"About_the_author\"><\/span>About the author<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#13151d&#8221; text_line_height=&#8221;1.6em&#8221; header_2_font=&#8221;Work Sans|700|||||||&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; width=&#8221;65%&#8221; width_tablet=&#8221;65%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|0px|64px||false|false&#8221; custom_margin_tablet=&#8221;|0px|48px||false|false&#8221; custom_margin_phone=&#8221;|0px|48px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;|0px||0px|false|false&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">Vlad Nemshon, Chief Commercial Officer at Timspark, has 5+ years of experience in IT marketing and sales and a lawyer background at Deloitte. With a talent for extracting valuable insights from data and identifying untapped marketing opportunities, Vlad&#8217;s passion lies in translating research findings into actionable strategies for business growth.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/timspark.com\/wp-content\/uploads\/2023\/11\/Vlad.webp&#8221; alt=&#8221;Vlad Nemshon Market Research Manager&#8221; title_text=&#8221;Vlad&#8221; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; width=&#8221;50%&#8221; width_tablet=&#8221;50%&#8221; width_phone=&#8221;50%&#8221; width_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; 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