Huge Demand for Telecom Outsourcing Industry

Huge Demand for Telecom Outsourcing Industry

Outsourcing is an arrangement in which one company hires another company to be responsible for a planned or existing activity that is or may be carried out internally, and sometimes involves the transfer of employees and assets from one company to another. The term outsourcing, which comes from the term outsourcing, originated in 1981 at the latest. The concept, which according to The Economist "has been present since the time of the Second World War", often includes the contract design of a business process (e.g. wage and salary accounting, claims processing ), operational and / or non-core business functions (e.g. manufacturing, facility management, call center / call center support).

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Some of the key players of Telecom Outsourcing Industry:

Cisco Systems, NEC Corporation, Hewlett Packard Enterprise, Huawei Technologies, Motorola Solutions, ZTE Corporation, Fujitsu Limited, Ericsson, IBM Corporation, Juniper Networks, Inc, Nokia Networks

The practice of handing over control of public services to private companies, even if this is limited in the short term, can also be referred to as "outsourcing". Outsourcing includes both foreign and domestic contracts and sometimes offshoring (moving a business function to a distant country, e.g. Poland or Ukraine) or nearshoring (transferring a business process to a nearby country).

Offshoring and outsourcing are not mutually exclusive: there can be one without the other. They can be intertwined (offshore outsourcing) and reversed individually or collectively, partially or fully, using terms such as reshoring, insourcing and insourcing.

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