Five reasons for choosing Software Outsourcing

In today's society, the market for software outsourcing is growing. More and more enterprises are choosing to outsource some or all of their software development services, which brings about a simple problem, why are they doing this?

Based on my years of experience in the software outsourcing industry, I think the following five reasons are the main reasons why companies choose to outsource software development tasks.

1. Cost reduction

1. Focus on core business logic

1. Lack of resources

1. Increase speed
2. Improve Capital Utilization

All in all, it is to enhance the core competitiveness of enterprises.

Of course, these five factors do not cover all the reasons. It is not ruled out that there are many other factors that affect the outsourcing decisions of enterprises. In your opinion, apart from the above five reasons, what factors do enterprises consider when selecting to outsource software development?