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Software:

Software engineering is the profession that creates and maintains software applications by applying technologies and practices from computer science, project management, engineering, application domains, and other fields. Software engineering, like traditional engineering disciplines, deals with issues of cost and reliability. Some software applications contain millions of lines of code that are expected to perform properly in the face of changing conditions.

Outsourcing:

Outsourcing (or contracting out) is often defined as the delegation of non-core operations or jobs from internal production to an external entity (such as a subcontractor) that specializes in that operation. Outsourcing is a business decision that is often made to focus on core competences. A subset of the term (offshoring) also implies transferring jobs to another country, either by hiring local subcontractors or building a facility in an area where labor is cheap. It became a popular buzzword in business and management in the 1990s. EDS was the first company to establish the outsourcing business.

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