Market Survey of Application Outsourcing Market in Banking Sector with Trends, Analysis by Regions, Type, Application and Top Players – Global Forecast to 2023
Application outsourcing is the process of arranging a wide variety of application services, including new application development and maintenance and management of packaged applications from an external provider. Application outsourcing helps in lowering the total cost of ownership and expanding geographical reach while leveraging technology. It comes into play when increasingly complex banking systems and rapid adoption of changing technology make it difficult and exorbitant to manage and maintain the applications that support business needs.
View full press release