To reduce costs, businesses are increasingly practicing offshore outsourcing. Taxes are rising and competition has increased by 14% since 2020. The question arises - has offshoring become a lifesaver for some companies or is it better to trust specialists in your home country?
When a company hires a contractor from another country and pays for his services, this is called offshore outsourcing. For example, you are a US company and you want your own application, but at the same time you do not want to hire an entire department of specialists, because it is expensive.
The demand for IT services and growing competition among enterprises are driving companies to seek solutions and strategies that give them a competitive advantage. Software development is a process that can cost a business a fortune, however, with IT solutions provided by an offshore development team, companies can save money while gaining access to a dedicated team of developers.
Each IT solution service provider has a customer engagement model and software development service offerings that can be industry-specific. Once you've identified the right app developer for your business, you need to partner with them during and after the development process to ensure a smooth experience. There are many benefits to hiring an offshore app developer, including:
1. Cost savings
There is no doubt that companies are looking for the other side of the app development market to hire remote workers to save money. Offshoring for software development is at its peak and the main reason for this is the growing desire of the business to save on costs. Startups and small businesses often operate with a limited pool of resources, which means they have little financial muscle, cannot hire dedicated IT staff for application development processes, and their prevailing marketing and advertising needs create a financial burden. With all these requirements, companies have no choice but to look at the other side of the coin to see if they can hire dedicated https://devoxsoftware.com/services/staff-augmentation/ developers who offer cost-effective and reliable application development services. There is a large gap between the salary of a software developer in the US and a software developer in India, often the latter will cost less.
2. Acquiring talent
There are many skilled developers out there who see the success of your application development process. What you need to do is find a developer who cares about you. While many companies have managed to outsource their software development services, it requires a solid team to do so. You need to carefully select talent and vet teams to make sure they can handle the project. Build a team with developers who have worked on similar app development projects in your industry. Developers must be willing to collaborate at every step and step in the process.
3. High-quality software products
If companies didn’t get the software and application products they needed from third-party developers, they would not have turned to these developers. When it comes to the success of a software or mobile application, advertising and marketing is not primarily a burden, but the quality of the application's product. Many offshore application development companies strive to offer customers innovative and quality products. They deceive high standards in mobile app and software development at reasonable prices to keep their customers happy.
4. Reduced time to market (ttm)
When moving to offshoring application development services, enterprises face challenges such as time differences. In most cases, software vendors and customers are in different time zones. The differences allow for continuous development, increasing the time to market. Time to market (ttm) is the time it takes to build and deploy a product or software for use. In the app market, you want your app to be fast so you can reach your customers before your competitors do.
Several countries have established themselves as leaders in offshoring - why are they so popular?
India
Outsourcing and India have become almost synonymous. It is the second largest English-speaking country in the world, plus its schools focus on the study of mathematics. Before hiring an offshore worker from India check his portfolio because Indian outsourcers have low PHP and HTML test scores. On average, Indian developers charge $ 18-35 per hour for their work.
Ukraine
There are more C ++ developers in Ukraine than in any other country. In addition, 80% of offshore workers from Ukraine speak English - there will be no communication problems. Ukraine is favorably located - its time zone intersects with the zones of Great Britain and the United States. On average, Ukrainian developers charge from $ 25 to $ 50 per hour.
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