However, in today’s extremely competitive world where shrinking margins and fluctuating workloads has become the order of the day, companies are increasingly gravitating towards outsourcing as it gives them access to a global talent pool and keeps the expenses down, while ensuring superior quality of products and services. In particular, hiring FTE staff is a boon for small and mid-sized software companies as it spares them from committing to a large and long-term workforce, and focus solely on rapid growth and catering to their client base.