Factors Traditional Outsourcing BOT model IT Outsourcing
Ownership The outsourcing company maintains ownership of assets and services The outsourcing company has full ownership till it needs to transfer to vendor
Time duration Can be used for small and long-term projects Only applicable for long-term projects with particular requirements
Contract Contractual work is not mandatory Mandatory to sign a contract to get work done
Knowledge transfer Restricted to knowledge transfer Emphasizes knowledge transfer due to ownership
Flexibility Limited flexibility to customize project after signing the contract High flexibility to customization and adaptability for enhancing project