It is also forecasted by Fortunly, a renowned platform for reviews and market analysis, that by the year 2024, the global IT outsourcing market is expected to cross $98 billion. These staggering numbers indicate how bright the future of offshore development is.
No wonder why countless enterprises prefer offshoring their software projects despite the challenges like the language barrier, cultural variations, and time-zone differences. Consequently, a plethora of offshore software development services have emerged across the globe and they provide outstanding services at comparatively fair prices.
So, if you are thinking about going for offshore development services and want to make an informed decision, then this article will help you to do just that. Here we have outlined 10 compelling reasons to consider offshore development. So, let’s get started.
Major Benefits of Hiring Offshore Software Development Services
Reduces Operational Costs
Hiring local talent can be costly, especially in the U.S. and other Western Countries. The reason being the cost of setting up a fully-functional in-house team right from their recruitment, creating office space to gathering the equipment can cost a fortune. Going offshore and choosing the right development company, rather, can be a highly cost-effective solution.
Time-efficient Solution
Offshore companies work around the clock and meeting deadlines is their priority. So, this can be one of the most righteous decisions if you are looking for a faster time-to-market for your product. This will also enhance your competitiveness to a great extent.
Offers Flexibility
You get the flexibility to hire globally and at your price. Also, the offshore teams provide flexible services adhering to your time-zones. Many offshore companies provide 24/7 customer support in your language, thereby eradicating the language barrier as well. They also train their employees to understand and follow your cultural expectations.
Focus Solely on Your Core Competencies
When an in-house team is employed for both- core and support functionalities, chances are that it may get difficult to work on what really matters- your core services. It would overload your employees with the unimportant work and lead to employee burn-out at times. Instead, by outsourcing the software development projects, your staff will dedicatedly work on your core products and services in a hassle- and distraction-free manner.
Huge Talent Pool with a Rich Experience and Expertise
Finding skilled professionals is a tedious job. But by going offshore, you can gain immediate access to a significantly large talent pool that is well-trained, qualified, and certified. You can leverage their expertise and experience for achieving your business goals.
Professionals are Adept with Latest Tools and Technologies
Technology is evolving at fast pace and new tools and technologies keep emerging in the market. You can take advantage of these for your business when you hire offshore software development services. You also get access to innovative professionals who have expertise in diverse technologies.
Have Excellent Communication
Communication plays a crucial role when it comes to the success of the business. Many of the offshore outsourcing companies have excellent communication as the medium of education in schools is English. They not only master the English language but also other foreign languages if required. This ensures that your project can work seamlessly and you can get regular updates about it.
Ensures Risk Analysis and Alleviation
An outsourcing firm that has a tried and tested work methodology and a robust project management system can help you in risk analysis and mitigation. Their team can resolve all the complex issues related to software development for you and also reduce the risk involved and you can focus on other higher priority jobs.
Provide On-going Support and Maintenance
Software development is an on-going process. It does not end with mere writing of code. The software needs to be tested and updated from time-to-time. It needs continual maintenance as well as enhancements according to customer demand and the latest trends in the market. So, when you hire offshore software development services, they extend their support in maintaining your project, testing, deployment, analytics, etc. Businesses can hence focus on gathering customer feedback, improving your product, and marketing strategies.
Ensures Compliance and Security
By partnering with offshore software development services, you can be assured that most of the related security measures like updating the firewall, auditing the servers and workstations, implementation of PCI security standards, etc. are taken care of by the partner company. Also, any legal compliance like paperwork and other customs carried out while hiring the resources are completed by them, saving your efforts.
Over to You:
Offshoring ensures a plethora of advantages that we have seen in this article. Offshoring will be one of the strategic moves towards the exponential growth of your business. Several entrepreneurs and business owners are already outsourcing and experiencing its thriving results. Are you?
Outsource your web and app development projects with Biz4Solutions, an established organization in Texas, and a reliable provider of software development services.