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.

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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 concept, which The Economist says "has been around since World War II," often involves the outsourcing of business processes (e.g. payroll, claims handling), operational and / or non-core functions such as manufacturing, facility management, call center / call center support). 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) or nearshoring (moving 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 can be reversed individually or collectively, partially or completely, using terms such as reshoring, inhoring and insourcing.

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