How is Remote Outsourcing helping emerging Start-ups? MedRec - PowerPoint PPT Presentation

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How is Remote Outsourcing helping emerging Start-ups? MedRec

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Title: How is Remote Outsourcing helping emerging Start-ups? MedRec


1
How is Remote Outsourcing helping emerging
Startups?
We live in an era of innovation and novel
technologies. Lately, a lot of startup
companies have sprouted, but only a few could
survive. While some built a product, people
disagreed with, some had uncertain business
objectives, while others may not have adopted
the correct means of inclination. But one of the
main reasons these small businesses failed is
poor management deriving from a lack of
expertise in diverse areas required to run a
business.
Startups fail to expand or even survive in a
highly competitive environment because of a lack
of funding, expertise, and other resource
constraints. While they look for professionals
who can help them gain volatility in the market,
they do not think about an effective work
procedure.
2
  • For Example While a startup hires ten technical
    professionals paying them a ransom compensation,
    it is much feasible otherwise to go for
    Outsourced Technicals or Remote Outsourcing of
    professionals.
  • What is Remote Outsourcing?
  • Have you ever wondered why the largest companies
    such as Google, Microsoft, Apple, and others
    outsource remote software development partners?
    That's because it is more profitable and
    beneficial than doing development in-house.
    Remote Outsourcing can help them have more
    limited resources and focus on improving their
    business by outsourcing non-core activities. It
    is basically when you hire a developer/technical
    professional or an advisor to work for you
    remotely.
  • How Remote Outsourcing?
  • As a startup owner, you may be an accomplished
    and talented personality with adequate knowledge
    to look after most company functions. But why
    choose to slog alone when there are expert
    outsourcing services to reduce your workload? The
    immediate need is to examine your business
    operations and identify which areas form your
    business's core. Remote Outsourcing of developers
    or any other technical professional from a
    reliable source eases your headache and can help
    you look into other necessary business matters.
  • Why is Remote Outsourcing beneficial for your
    startup?
  • Startups and SMEs who have been investing in
    business outsourcing can enjoy and reap
    advantages that help their business expand.
  • There may be several obstacles that a startup may
    be facing in the beginning or even with the
    advent of the business and the entire journey.
    Some of the reasons why startups should opt for
    remote Outsourcing are
  • A Friendly Cost Advantage
  • We discussed earlier that being a startup, it is
    difficult for you to incur all the expenses, and
    the prices reach a limit when you hire an
    in-office professional. Remote Outsourcing
    reduces significant compensation costs. A startup
    can streamline salaries if it can outsource from
    Asian countries, such as India, Philippines,
    where the average outsourcing cost is much less
    than any other European country.
  • Great Productivity
  • Outsourcing utilizes people with significantly
    low labor costs but does not comprise the
    quality of work or service that is the added
    advantage. You can get a highly-skilled remote
    professional who is already an expert in the
    hired project. Startup business owners are
    significantly benefited because they incur the
    work quality that can help escalate their
    business. A remote worker would make sure to
    incur productivity much

3
  • more than your regular office employee who gets
    paid for hours that he/she may have wasted on
    breaks.
  • Optimization of Resources
  • The recent pandemic and the recession that this
    unwanted disaster brought has impacted many
    companies and businesses crucially. This was when
    the importance of remote working and remote
    Outsourcing bloomed in the market. Small
    Outsourcing jobs were generated as a cost
    management strategy. Apart from cost-cutting and
    high productivity, the startups can transfer the
    department tasked with non-essential work and
    re-align resources to core activities or those
    directly related to revenue generation.
  • Time-zone and Flexibility
  • Last but not least, Startups need much more time
    and attention than an established business. By
    remote outsourcing skills from several parts of
    the world, new business owners can also take
    advantage of the time zone differentials and
    ensure operations and other key areas of
    responsibilities are managed 24/7. By
    implementing remote outsourcing solutions in
    their business strategy, the startup owners can
    exponentially sustain productivity by reducing
    costs, which is a significant concern and improve
    revenue generation. But it is crucial to choose
    an apt vendor when planning to outsource.
  • This is where MedRec Technologies come into the
    picture. The team at MedRec Technologies has
    been working with more than 50 to 100 startups
    and has a team of dedicated software developers.
    We understand the requirements of the client and
    provide a better solution than any other
    outsourcing company. Technology has been our
    niche, and we are always ready to undertake
    projects that speak to technology competence and
    know-how abilities.
  • MedRec Technologies is a One-stop vendor with a
    single access point for software development,
    design, distribution packages, application
    installation, technical support, and
    maintenance. Remote Outsourcing has been our
    genre for months, and our professionals help
    release the customer from additional
    product-related costs, save time, and establish
    a long-term partnership.
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