Read my new article on benefits of offshore development over traditional outsourcing. Learn about the difference between the two and why offshore development can be the best option for your business.
In 2021, technological advancements and the way organizations operated strengthened people’s conviction in the fact that almost everything can be outsourced. Discussed below are some offshore software development statistics: Every year, the United States of America (US) outsources around 300,000 jobs. According to Statista, the global outsourcing market will surpass $400 billion in the next four years. In comparison, two years ago in 2019, the outsourcing market was not even worth $100 billion. Thus, the current and potential growth is astonishing! In this article, we will focus on the IT industry and will include all aspects of offshore development, proposing ways to connect and establish relationships with your potential development partners.
There are two terms associated with hiring software specialists: outsourcing and offshore software development, which are often used interchangeably, and hence assumed to imply the same thing. So, what’s the difference?
- Sometimes, you don’t need to go far to outsource. For instance, in a situation where you need to hire Java developers for a specific goal, you can do so by just visiting the office right around the corner—or in the same building you work in—and find experts for the job. In other situations, you may need to connect with someone abroad. You may find the required experts next door or in another country—both scenarios will still be considered outsourcing.
- Offshore software development services are very different because to fulfill your outsourcing needs, you may have to hire people from a different country with an entirely different tax system and pay hourly rates for the experts. Your country of choice presumably boasts a high level of IT expertise and a large pool of highly skilled professionals. Or conversely, your company of choice—someone you want to exclusively partner up with—just happens to be in another country.
You can hire a dedicated software development team or a team of outstaff experts. In the former case, the experts will be managed by your partner company. In the latter scenario, the experts will join your existing team. Both engagement models may occur in outsourcing and offshore development.
Finding an offshore software development company that will suit your business’ needs, lives up to your expectations, and shares your vision is a tall task that requires you to expend immense time and effort. We will break down the most important things you must know, offer our own insights and recommendations, share our practical experience, and analyze current hourly rates for experts in different countries. If you want to expand your business capacities with the development team from the other side of the world, read on to find out how to do it well!
Read the full article here: https://spd.group/tech-for-businesses/offshore-software-development/
The software development market has grown so much that finding the right partner has become a tough affair.
Outsourcing has become a solution to numerous businesses with limited budgets.Put your prospective partners to test in order to analyze their level of expertise.
Ask them questions that can help you capture their unique strengths.
Some of the inquiries to make include:Are they capable of delivering what you require?What approach they will use in the software development processAsk about their previous experience with customers seeking similar resourcesHow they deal with risks that threaten the projectWhat strengths give them an advantage over their competitorsMost importantly, find out what value you will get for your moneyAt Saigon Technology, we meet all the above criteria as we are capable of delivering exactly what you expect.
Getting an in-house team is really expensive yet they may not be able to deliver in terms of quality compared to offshore technicians.You can get affordable offshore services from countries like Israel, India, Ukraine or Vietnam where there is an abundance of coders and software developers.3.
ReliabilityOffshore companies mainly rely on legally binding contracts.
