Benefits of Virtual Teams
- Cost benefit, generally the customers have seen their per resource cost approx reduced by more than 40%.
- No HR issues, no management of fringe benefits.
- Established processes for virtual team management.
- All the work is handled offshore while utilizing and taking advantage of the onshore project management.
- Minimum resources on site mean a higher profitability per project.
- In case of product development, more capacity and savings allow for greater development effort leading to higher functionality and utilizing more R&D.
- Trained and experienced resources of all skill set are abundantly available. This ensures that
- Virtual teams are amply supplied for supporting all the resource requirements of the customers.
- Very easy to cope with peak requirement times. No need to hire in these situations. Virtual teams are structured to ensure the availability of the required skill set. The HR department works on this task before hand and has resources identified.
- No need to worry about resource turn over rate. Processes are in place to ensure that a smooth and seamless transition happens.