Since the existence of software, many businesses saw the advantages that came with it. From mobile phones to desktops, software applications have undergone different innovations over the years.
Based on statistics, the usage and demand of applications are expected to drum up $188.9 billion in revenue by the year 2020. With this staggering amount, it’s safe to say that applications indeed play a crucial role for organizations and businesses that want to remain competitive in the digital age.
The demand for highly skilled software developers has skyrocketed because of this, which has led to a shortage of IT talent.
The answer to this problem: software development outsourcing.
So, are you planning to create an effective application for your business? Before you start looking for an outsourcing company, check out these strategies first:
Outsourcing Strategies You Should Try this 2019
1. Flexibility in the Skill Pool
In software development, the needs can change vertically or horizontally. There are times that the need for developers contracts or expands in terms of numbers. Other times, the composition of skill changes.
A change in requirements means de-emphasizing some of your planned Ajax development as you ramp up your Java coding. If there’s one thing you can be sure about in IT, requirements will likely change and you must come up with a strategy to be as flexible and responsive as you can to meet them.
Software development outsourcing can increase your ability to expand quickly. It also reduces the size of your development team and lets you change the mix of needed skill-sets easily.
When handling a project, it’s an issue when you cannot increase the size of your programming staff to sustain the demand. Even worse, business conditions will be affected when you create a reduction in the existing need for staff members.
Using global software factories allow you to add team members to scale your capacity up. In fact, most companies that offer outsourced software development have what seem to be “players on the bench.” Thanks to this bench strength, a qualified developer can offer assistance in case a team member is not available to handle the project.
Additionally, when you need to reduce your outsourcing talent usage, this can be done right away so you can also reduce costs immediately.
3. Margin Management
Businesses that have found success in software development outsourcing know how it controls costs and protects margins. They see IT solutions as an investment instead of an unnecessary expense. By outsourcing your software development needs, you can enjoy maximum results for each dollar you invest. That means you are handling margins successfully.
Aside from getting a higher return on your investment, you can control margins by utilizing a remote software development team. This protects your enterprise from overhead costs related to hiring in-house staff. Also, you have complete visibility and control over your spending. Since you control what should be spent, you have the capacity to control the margins.
Why Outsource Software Development?
There’s no silver bullet that will make the shortage of software developers disappear. There is a high demand for IT talent and outsourcing is one great way to deal with that. With an IT partner, you always have access to highly-skilled experts so you can stay on top of the competition.
Another benefit of outsourcing is modern technology. There are cities where it’s difficult to find experts on a certain technology. You will feel no difference in working with an expert in your office or thousands of miles away from you.
Additionally, reputable software development outsourcing companies have spent years working with various industries and types of software products. Let’s say you are working on a payment processing system. You will have more chances of succeeding if you hire outsourcing companies who have already done similar systems, instead of assembling a new in-house team from available local developers.
The problem with that is they might not have enough knowledge about developing a payment processing system, even if they are specialists in a certain technology such as C++. As long as you outsource a software development team, you’re sure that the project will be made on time and following the requirements in place.
Of course, there’s no denying the fact that many businesses opt for outsourcing to cut down service costs. There’s no need to hire in-house teams for a long-term position because, with outsourcing, you can get IT solutions for a fixed term.
Choosing the Right Outsourcing Partner
The process of selecting the right software development company for your business can be tedious. Hours upon hours of research are required, as well as lots of energy and comparison of concrete examples. To find the best possible match for your company, you can start by focusing on your project’s needs.
There are many ways to make the decision process much easier, though. For instance, you can use a reliable search engine like Google. Search for companies by technologies, the final product, countries, and so on.
When you select a certain company, you can view their profile, prices, rating, technologies they specialize in, and more importantly, reviews from previous clients. This allows you to see if a company is trustworthy and whether you should continue researching about it or not.
With the wide availability of software developers around the globe, it’s easy to become too eager in rushing to find an outsourcing partner for your software development project. However, the process must be executed carefully to find the best fit.
As in years past, businesses are being taught to make the most out of every dollar they spend on IT, particularly custom software development. Software programs are slowly taking over the world, and many companies are noticing how it’s changing the game.
Software development outsourcing may already be something you have utilized in the past, or maybe your company is using it now. As you move to the second half of 2019, consider the use of software outsourcing as a core strategy for your business.
Whether you’re a startup leader or a long-existing enterprise, following these strategies may help as you climb your way to success.