In a digital and connected world it no longer matters where you do business from - what's important is results. The Internet era allowed companies to outsource tasks, projects and even full departments to partners abroad.
Outsourcing means you can extend your team beyond borders, while optimizing costs and saving time otherwise spent on recruitment and training. This kind of agility allowed businesses to create new products and push them to market faster, without worrying as much about human resource availability. Interestingly, only blue collar jobs were outsourced until the DotCom revolution happened. Nowadays, thanks to internet connectivity and convenient business management software, companies can also delegate white collar work.
Even though it's technically possible to work with partners across the globe, there are some downsides to outsourcing in countries that are too far away from the client headquarters. The main deterring factors are big time gaps, expensive flights and cultural differences. More and more businesses prefer nearshoring, or, in other words, working with service providers that are either in neighboring countries or at least within a reasonable time zone range.
At Strypes Bulgaria, we have been a nearshore service partner for enterprise-scale clients as well as SMEs for over 10 years. During that time we developed our own service delivery framework, called nearsurance.