I bet everyone knows what’s Slack since it’s one of the most widely-used cloud-based service … New Delhi: Companies across the world that are hit by Covid and are under pressure to reduce cost are likely to favour outsourcing work to IT services providers in India over insourcing to their captive units in India.Many global companies are undertaking digital transformation initiatives following the Covid-19 pandemic. Who knows, maybe you can create the next WhatsApp? However, that’s not all as this business model can help companies access highly skilled professionals (who aren’t available locally), gain a competitive advantage, mitigate risks, and scale. Facebook Twitter Whatsapp Linkedin Subscribe. And what is the problem? THE SOURCE. Acton and Koum simply knew they had to focus their priorities in order to be the best. Microsoft’s outsourcing policy is shaped by issues that are similar to those facing many major corporations – the … Right off the bat, we all know that WhatsApp is the most popular messaging application in the world. Cover Story; Mexico; Mexico delays ban on outsourcing as businesses negotiate details. Acton and Koum were confident in outsourcing the app’s development in its launch phase but didn’t know just what type of beast they were handling at the time. This is easily one of the most discussed examples of a successful outsourcing story. There are more than 2 billion WhatsApp users in 180 countries. WhatsApp. Can you imagine? When you think of outsourcing, you think of outsourcing to countries like India or China from the U.S. or Western Europe. WhatsApp is a freeware, cross-platform messaging and Voice over IP (VoIP) service owned by Facebook. There are tons of companies that outsource to Russia - a ton of finance companies use either DataArt or EPAM Systems (company) to do their development. It’s risky i.e report of bugs and can take a lot of time. WhatsApp. WhatsApp: The internationally acclaimed freeware, cross-platform messenger needed to keep developing costs down after starting out with low capital. From our vantage point, it is immediately clear that the outsourcing practice became Acton and Koum’s secret ingredient to making WhatsApp launch its product efficiently. How did they do it? Since then, WhatsApp has grown to be one of the most popular chat apps in the world, and was sold to Facebook 2 years later for $19 billion. However, before Facebook bought it, WhatsApp relied heavily on outsourcing software and core development. How CuriosityStream Reached Great Success via Hiring Remote Senior Developers. A large number of companies also report finding outsourcing success. Outsourcing services to other firms abroad present very obvious advantages (as previously elaborated in the above). This article was written for Business 2 Community by Andrew Zola.Learn more about writing for B2C, Andrew Zola is a technology journalist who specializes in emerging technologies and their potential impact on greater society. This is an analytical approach case study. Welcome to Outsourcing Interaction! WhatsApp has so far largely been kept separate to Facebook. While it’s true that the global outsourcing market has gone through some significant changes (because of technological advances), the industry continues to perform strongly. In fact, they have built brand assets for startups like Coinbase and Finery and tech giants like Amazon and Google. It is interesting to note that the success of top tech companies such as WhatsApp, Slack and Skype can be credited to outsourced development. Well, according to the book "Alibaba: The Inside Story Behind Jack Ma and the Creation of the World's Biggest Online Marketplace", in its early days, the founder Jack Ma outsourced the website development to a U.S. firm. photo credit: Christopher Story . This is certainly a validation that the concept of creating an efficient messaging tool would be the eureka moment for two simple app engineers. Today, Slack has around three million paying customers and about eight million users overall. When he isn't contributing to various publications, he's drinking copious amounts of coffee and exploring the world with his four-legged best friend. … View full profile ›. According to Dmitrijs Jurins, Technical Director at RTL, “within a month, we had a fully functioning team to work on our products, and we were able to release new functionalities to our customers. 1 billion people use WhatsApp every day. Whether it’s outsourcing business processes, research and development, or software development, the industry has been booming for over 25 years. It’s that outsourcing works when done the right way. © Business 2 Community. To eliminate a threatening competitor to their Messenger app , Facebook acquired Whatsapp for 19 billion. Join over 100,000 of your peers and receive our weekly newsletter which features the top trends, news and expert analysis to help keep you ahead of the curve. Success stories like this one show how access to talent just about anywhere in the world (whether it’s through a company or individual contractors) can lead to success. Outsourcing as an industry has been around for quite some time, as companies have always looked for cost-efficient ways to manage certain business processes off-site. This is because the skills and experience required to build the world’s largest online marketplace were scarce in China but available in North America. But, that’s not always the case! Luisa Maria Alcalde. Nearshoring and offshoring are most popular among businesses that want to better manage costs. If they didn’t follow this approach, the chat app might not have gotten off the ground or made any money. Most of the work was done by developers based in Russia who helped keep costs down. AScaleX is determined to help you improve on the next best idea. Reading Time: 11 minutes With more than 2 billion users worldwide, Whatsapp is the second most used platform after Facebook.It has also turned into one of the most used marketing channels. The now Facebook-owned company has more than 1.5 billion users from 180 different countries, making it one of the best success stories in digital programming. And tech giants like Amazon and Google the world’s largest online marketplace were scarce in but. Whatsapp story is a messaging app for smartphones created in 2009 by computer programmers Brian Acton and Koum sold to. 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