We have in-house capabilities, so why would I choose to outsource?
• Cost – as above (sometimes it can be cheaper)
• Focus – sometimes, internal resources can be sideswiped by many other internal distractions; whereas, an external party can bring focus and immediate execution to a project that may otherwise be difficult to get off the ground.
• Experience/specialist skill set – while it may be possible to ramp up internal resources in specialist areas, this may not be in line with your company’s core competencies and strategic goals, and/or it may take too long to do so.
• Resource limitations – your internal team may literally be busy on other projects. • Speed – we develop new products every day; we have the equipment, relationships, processes and experience needed to develop products proficiently.