Information Technology Outsourcing (ITO)

ˌin.fər.ˈmeiš.n̩ tek.ˈnɑː.li.ǰi ˌɑːwt.ˈsɔhrs.iŋ / Information Technology Outsourcing (Ito)

Definition

Information technology outsourcing (ITO) is a practice where a company hires individuals outside their organization to perform its information technology (IT) operations.This subset of outsourcing covers various IT services, from infrastructure, maintenance, and support to software development and programming.A company that outsources its IT functions may work with other companies that employ the necessary subject-matter experts or individuals with the specialized skills they need.If done as a form of offshoring, ITO bridges companies to countries with developing economies to cut labor costs while still supporting their technical capabilities.

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