Unlimited Change for a Fixed-Price: the Next Generation of Offshore Application Outsourcing Contracts

Offshore IT outsourcing has evolved from simple labor arbitrage – developer and programmer services purchased in a low-cost market and resold in a higher-cost market for a profit – to become a business practice that allows enterprises to compete on a global scale in a rapidly changing world. In the face of new regulations, a constantly shifting business climate and the convergence of formerly distinct businesses, companies must be able to respond quickly and effectively to market situations in order to remain competitive.

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