Offshore Outsourcing is the modern business approach of outsourcing / assigning some of its commercial activities to expert offshore companies in order to fetch better quality, cost and technical excellence than what is available domestically.

"Hire rather than own expertise" is the concept behind Offshore Outsourcing Model. Rather than spending money on developing and maintaining certain non-core activities, businesses can outsource them to offshore experts and get quality work at much lower price.

Gartner, one of the world's largest research and analysis organization, has predicted that total global offshore spending on outsourcing IT Services will reach $50 billion by 2007. The report has also mentioned that emerging countries like India, China, Brazil and Russia possess required capabilities in terms of labor, technology and infrastructure to undertake IT related outsourcing activities successfully.

As mentioned above, Offshore Outsourcing Model is based on "Hire rather than own expertise" concept. In other words, businesses prefer to outsource/transfer their non-core activities to offshore companies who are experts in their working domains.

By doing this, businesses get expert services at low cost as compared to the domestic market. Besides, businesses also get more time to concentrate on their growth plans that they might have spent in maintaining these activities.