The world is becoming smaller with the globalization trend and with the advancement of technologies. People from different parts of the whole world are just a screen apart.
In today context, Singapore technology firms have more than enough reasons to outreach. You can get access to the outsourcing market of Vietnam and many other developing countries. The outsourcing market in those areas is oozing with cheaper labour force and lower investment needed, which leads to outstanding increase of profit margin.
Yet, there are some drawbacks when a Singapore firm approach and consider an outsourcing partner.
First of all is the different in working culture. Singapore is located as an Asia country yet embraces a Western working culture, which is very new to most of the rest societies in the area.
And the second most important factor is the high turn-over rate in IT industry. This leads to the lack of stability of the labour force in the IT firms. This proves to be true in Singapore market and many other countries.
In this context, outsourcing vendors like LinxHQ stand out as a promising and sustainable solution for the Singapore technology companies.