10 reasons why you need to start software development outsourcing now

If you are looking for a one-word answer to your business challenges, then outsourcing is the word. Outsourcing software development has proven to be a great success for many companies worldwide. It reduces your internal costs while allowing your company to focus on its core competencies.

Here's why outsourcing is good for your business

1

Cost Savings

Outsourcing can cut costs while reducing your workload. Outsourced labor may cost up to 70% less than the same labor performed in-house in Europe or North America. You won’t need to make any upfront investment, which makes development projects much more attractive.

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2

Time Savings

With people working around the clock, your application is guaranteed to have a shorter time-to-market delivery. This improves your competitiveness greatly and gives you a head-up against your competitors.

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3

Lack of in house experience

Is your company lacking qualified people for larger projects? Do you want to grow globally but cannot find enough qualified people in your country? Software development services can provide you the skilled workforce you need to grow rapidly.

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4

Flexibility

When you outsource, you don’t have to spend time recruiting, hiring, training, and housing employees for projects. You also don’t have to worry about scaling your employees in case your labor size changes project-to-project.

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5

Talented IT Professionals

You’ll have immediate access to some of the best and brightest IT and technology professionals. Since your outsourcing company will also be an expert in the field, they can make sure that your projects are done optimally and professionally.

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6

Focused Strategy

Having your software developed by an outsourcing company streamlines your business processes. Having a focused strategy can be one of the most competitive advantages in the technological race.

7

Improved Compliance

By outsourcing your software development, you gain access to international talents without the legal compliance that most companies have to go through from hiring employees. Your outsourcing company can take care of all the legal paperwork and customs so you can focus on other things that matter.

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8

Larger Talent Pool

Is the talent pool in your country limited? Hard to find the right talents for your projects? Why don’t you go international and have a go at the largest, fastest growing talent pool? Outsourcing can help a great deal in finding the right talents and easing off your human-resource problems.

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9

Technological Advances

Technology is evolving everyday, and keeping up with the growing economy can be concerning. By outsourcing your software development, you can get access to new perspectives around the world, and meet innovative people with strong and diverse technology expertise.

10

Risk Mitigation

You can mitigate risks for your business by choosing an outsourcing firm that has a high-quality project management system and a tried-and-true process for developing applications.

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Outsource Software Development Today

Several functions can be outsourced by a company in different departments. From management training to payroll software, outsourcing takes care of it all. Offshore development has become a giant industry with more to come. Outsourcing software development is now the key to a company’s success. It is the best solution in the age of globalization and technological advances.

Outsourcing changes the dynamics of the world economy.

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How to get started with software outsourcing today

The most common question regarding software outsourcing is: “How do I know if my end product will be of high quality and up to expectation?” This is understandable as companies are putting all expectation into the outsourcing company, which might reduce management and quality control access.

Shortlist potential partners

The first thing to do before outsourcing your software is to have a list of potential outsourcing companies with good reputation and a list of skills and technologies they are working with. Referrals work well as you can verify the outsourcing company’s quality of work before hand.

Do your background checks

Another important thing to do is to make sure if the outsourcing company is secured financially. This can be done by looking up their history, including their years in market, their clients/customers and if they have a stable annual incomes and amount of projects. This is to make sure that they do not run out of funds mid project, and also adds in extra security and trust for the quality of the outsourced project.

Assert the company’s skills and knowledge

Lastly, check their previous projects and recommendations. These show a lot about their abilities as an outsourcing company and what you should expect your end result to be. Their partners also show the size of the projects they handle and the variety of skills and knowledge they hold in the industry. An outsourcing company does not have to have the highest price, or the most doctorate holders, to produce the highest quality software in the market.

Send an introduction email

Are you ready to outsource yet? Hit your potential partners with a welcoming email, open yourself to a new partnership opportunity, and watch your business transform over the next few years!

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What is software development outsourcing?

Outsourcing is contracting out or using external resources to finish a task, project, process, or job. People tend to think of outsourcing as a way to reduce fundamental costs, but there are more to outsourcing than just costs, such as professional expertise, time-and-cost efficiency, and competitive delivery. Outsourcing can be done onsite or offsite, or a hybrid of both.

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Common outsourcing models