Why should you consider having an Offshore Software Development Partner?
Even a few decades back, software outsourcing was seen as just a way to reduce operational costs. Now, as the demands for IT resources have increased and the service providers are now more concerned about quality, software development outsourcing has become an acceptable norm. Not only this minimizes burden from your internal staff but it also lets you enjoy much greater control on the resources you are spending. Moreover, you also acquire a valued strategic business partner in the long run.
What exactly is software development outsourcing?
It is nothing but a practice where you partner with an offshore team or company (a third party) to benefit from their expertise. They are hired as a part of any project (both long-term and short-term) or are simply assigned any software development process. These partners are experts who do not just provide offshore outsourcing services but also deliver innovation without introducing any increased risk. These strategic partners let you access the resources and tool to improve and expand your business.
So there is certainly a value in the expertise that such partners can bring to your business. Moreover, hiring and creating a qualified internal team is a burden. So outsourcing will actually reduce your time to market your product.
But, what about quality and timeliness? These two potential business risks often make investing companies skeptical. And this is where a partnership approach helps. Rather than an approach, the partnership should be seen as a mindset that needs to be adopted by both who are outsourcing the project and those who are providing software solutions. It’s because the partnership is the only way to meet the demands for constant innovation in the IT scenario. This will dictate that the organizations deliver innovation at the minimum possible time and at a manageable cost of execution.
Advantages of Offshore Outsourcing: Why you Need this Service?
With outsourcing, you will get highly qualified professionals who follow the highest standards in software development working for you. If you build a team comprising of professionals with the same level of efficiency, you may either have to hire expensive resources or train young professionals for years.
You Don’t Need to Develop Infrastructure
This is one great advantage of hiring offshore outsourcing services. You do not have to develop a team it’s because that offshore company already has a team of experts and all the required tools, infrastructure, and the development process. So work can take off quickly. Moreover, fewer hours will be dedicated to that particular project, so your cost will further go down.
When you are outsourcing the work to a partner company, you share its impact and risk management with them. It will be easier for the offshore company to manage and mitigate the risks that come up during the development process as it is a part of their core business to do that.
You can Focus on Your Business Goals
If you are into non-IT business then dealing with IT-related things may increase your operative cost. Moreover, if your team is not skilled enough, your options get limited. With an offshore partner taking care of your IT and software development related issues, you can focus on your core business effectively.
Bring down your time to Market
The business scenario is fast paced and you have to come up with innovations quickly and be the first in introducing it in the market. This is a critical factor in determining your success. With an outsourcing partner, you will have control over the speed of software development. You can quickly scale the overseas team to work faster.
Better Product Quality
Since the partner company has the entire infrastructure for building and testing robust software, you will always get a product that’s stable and gives better user experience. This will generate value for your company and protect your investments as well.
Cost reduction is one of the main concerns taken into account when companies decide to outsource work. You don’t have to invest in building the facility, getting the equipment, and of course, pay salaries to full-time employees. Even though you might be working with professionals who are equally qualified but then there will be a huge difference in the total salary you will pay to overseas professionals when you will outsource software development work.
However, before you choose any partner company, there are a few factors you need to consider:
Things to Remember Before Selecting an Offshore Outsourcing Company
Time Zone Differences
When working with offshore companies, the difference in time zone can be a challenge in smooth project execution. This needs to be planned accordingly. For instance, to minimize confusion, communicate using only an established channel (like a single email id) or keep weekly meetings. To bring more transparency, use project management tools. In this way, time zone won’t be an issue.
Consider the culture of the outsourcing team or company you will be working with. You will have to work together for an extended period. So, having similar work culture and ethics is crucial. Also, see how they are dedicated to communicating the progress with you and keep you in the loop so that you are aware of everything.
Changes in Team/Developer
It’s important to know who will be leading the team and who will be working on the project. Do they really have the experience needed to meet your objectives? An experienced team often makes this transitions process easy and can employ creative solutions to get the work done.
Outsourcing Software Development Process: Why Choose India?
It’s because when it comes to outsourcing, India is an undisputed leader in this category. No other country can match the number of highly skilled experts in India. According to a data from IBEF, India is the most preferred destination for IT and ITeS services with a market share of 56%. Why? The IT sector in India boasts rapidly developing software and technical capabilities including disruptive technologies such as data analytics, cloud computing which is critical to the growth of new avenues across all verticals. By the end of 2018, the IT exports in India is expected to grow by 7%-8% and by the end of 2025, it is expected to be a USD 350 billion industry.
Outsourcing has always been a key to success and a key factor in growing your company. With an outsourcing partner, you can leverage their experience and expertise to overcome otherwise tough challenges. It’s because with their collective experience they can interject crucial skills to any project or software development process.
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