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4 Best Countries To Outsource Software Development
We have already described the differences between outsourcing and outstaffing, how to find the best contractor, and shared some tips about this process. Now it is time to discuss best offshore software development countries.
At some point, every business owner has to decide whether to develop software in-house or outsource it. And it doesn't matter if it is a large company or a small family business. Let’s start with the basics: what is outsourcing?
It is the common business practice of hiring a party outside a company to conduct the full cycle of product development: from the business analysis, estimations, status meetings, and ending with the product testing. Delegating some company functions is better for the majority of businesses as it
Reduces operating costs
Gives access to a larger talent pool
Allows picking the most efficient contractor
Allows you to concentrate on core processes
Makes it possible to hire a development team or separate specialists
Produces fewer risks
Let’s be honest, it has become an almost essential process in recent years. Only in the past ...
... decade, the global outsourcing industry earned 88.9 billion U.S. dollars in revenue. This tendency is about to expand even further.
To solve a specific business need it makes no sense to recruit and train a staff of developers. The strengths of external development are the ability to quickly attract specialists of the desired industry and the ability to optimize costs. When working with outsourcing, you pay only for the hours of work of specialists, and do not cover expenses for setting up a workplace, holidays, etc.
A successful software development outsourcing relationship includes understanding, developing, and presenting the mission of the project. As well as a culture of problem-solving, implementation of long-term solutions, attracting resources such as fresh views, knowledge, and experience.
If in the past, outsourcing was mostly about saving costs, now it became clear that companies are delegating not just non-essential activities but those that demand high-quality performance.
To continue reading this article, do check my blog.
NAZAR KVARTALNYI has a Master’s Degree in Computer Science and Mathematics. Microsoft certified professional and .Net specialist with experience in project management and mentorship. Since 2015 co-founder and COO at Inoxoft.
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