Why Shouldn’t You be Afraid of Offshoring Software Development?
Companies often want to do everything in-house, and they’re especially averse to subcontracting and relying on companies abroad to handle specific projects. And this is for good reason: outsourcing to offshore companies can be quite complicated. You can face communication, legal, and operational difficulties. These are all real.
However, offshoring offers many significant advantages that your company simply can’t do without. If you want to offer the best services out there, if you want to remain price competitive, and if you want to continue growing, you need to rely on offshore software development to one degree or another. Almost all companies listed on the NASDAQ do. In this article, we’ll explore the advantages that make offshore software development an irresistible offer.
Every company that has needed to look for software development talent knows how hard it is to find experienced, talented people, and this is especially true in specific markets in the Western world. Labor market researchers constantly signal labor shortages in various fields related to software development.
And you know what fixes this? Offshoring. Through offshoring, your company has access to a virtually endless pool of talent from all around the world. From machine learning specialists in India to enterprise software developers in Poland, you’ll be able to get access to the best of the best. People with years of experience working with cutting-edge technology, and what’s more, you can hire them to work on your projects for very affordable prices.
If this sounds good to you, and it should, then you could check out various agencies that can help you find top talent worldwide. This software house in Poland, for example, helps you assemble teams of the absolute best talent in the country.
Typically, what does a company do when it wants to handle new/additional tasks? It goes on a hiring spree and increases the size of the company. This is the traditional way of doing things, and it is still the standard in many industries. You have to keep in mind, however, this isn’t the only way to do things, and it has considerable drawbacks.
By increasing the size of your company, you have more people you need to train, keep in the loop, communicate with, etc. If you shift the direction of your company, you’ll have a lot of blot and baggage you’d need to deal with. So, although hiring employees provides stability, it also makes your company less flexible. This is why large companies often have trouble innovating.
What’s a great alternative to hiring employees? Offshoring. By creating relationships with offshoring agencies and freelance developers, you’ll be able to keep the core of your operations lean and focused while expanding and growing. It is an excellent way to handle software development if you have the skills to pull it off.
Software development costs are incredible. From hiring talent to creating infrastructure to buying proprietary licenses, to get a large software development operation running, you need to invest a lot of money first, and this comes with a lot of risks. Have you done enough market research to be reasonably certain your investment is worth it? Is it the right time to invest? Is expanding your operations in your own city the most cost-effective way to go about this?
Your answer will probably be no to all three, and this is where another advantage of offshoring comes into play. Not only is offshoring generally far less expensive, but if you rely on agencies and software houses, you won’t have to build any of the infrastructure yourself. It is a great way to expand quickly without investing a ton of money into your operations. This can hedge you against market risks if you make use of offshoring judiciously.