Outsourcing or Insourcing in the High Technology Systems Sector in a Maritime Company

The object of this research paper is to examine the concepts of outsourcing and insourcing and their application in the high technology systems sector in a maritime company. When a company chooses to outsource the high technologies sector to an external collaborator, it needs to have the ability to specify to the service provider the required services, in order to obtain the best possible result. On the other hand, when the maritime company decides to provide the required services, it needs to have the ability to adapt its services according to the fast pace of high technology.