Innovative Technological Paradigms for Corporate Offshoring

Abstract

Internet technology has impelled us to develop faith in the modern practices of business, commerce, and trade. Offshoring has been viewed as a global phenomenon on the economic frontier. While new technologies need to be framed, stopgap arrangements in the form of transient solutions to upgrade the current systems are also desired. Newer regulations and multi-jurisdictional compliance have profound impacts on the growth of outsourcing projects. The development of new technological solutions must challenge the myth that legislation and statutory practices are the only possible mechanisms to counter the unscrupulous activities in the context of outsourcing. A change in the outlook toward such methodologies is essential to shed away the technological inertia and latency. This chapter opens up discussion issues in the perspective of hardware and software requirements for efficient offshoring. The aim is to achieve higher precision, protection, and throughput by applying core-computing techniques to the existing practices of outsourcing.