In my previous posts I have mentioned factors that effect offshore software development. But in this post I will highlight the factors that motivate companies to go for offshoring
- Economic Factors: lower salaries, interest rate, development of capital markets, capital costs and emergence of technology centers.
- Political - Legal conditions: labour, taxation and competition laws.
- Socio-demographic Factors: population size, age structure, education levels and workforce motivation.
- Technological Factors: development in technology and transportation.