Webopedia Term of The Day: IT outsourcing

“IT outsourcing is a phrase used to describe the practice of
seeking resources — or subcontracting — outside of an
organizational structure for all or part of an IT (Information
Technology) function. An organization would use IT outsourcing for
functions ranging from infrastructure to software development,
maintenance and support. For example, an enterprise might outsource
its IT management because it is cheaper to contract a third-party
to do so than it would be to build its own in-house IT management
team. Or a company might outsource all of its data storage needs
because it does not want to buy and maintain its own data storage
devices. Most large organizations only outsource a portion of any
given IT function.”

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