Today, to survive and grow, companies need to keep up with rapid technology changes, learn new skills everyday and manage complex software development projects, alongside their core business.
That’s why there is a rise in demand for high-quality software development services.
72% of companies surveyed by Deloitte have already outsourced IT services to an external partner and 78% of respondents felt positively about their outsourcing relationship. Having in mind challenges companies of various types, across industries are facing – outsourcing software development makes sense in terms of reducing costs, speed of deployment and taking advantage of external expertise.
Developers’ salaries, employee benefits, equipment costs, costs of recruitment and training – having an in-house development team is expensive. What makes outsourcing software development services appearing is the fact is paying just a fraction of the cost – outsourced labor may cost 90% less than the same labor performed in-house in Western Europe or North America.
Speed of deployment
Delivering products on time is a must. However, in order to outperform the competition – companies need to speed up delivery time. When it comes to software products, things are changing rapidly. Outsourced development teams can scale quickly and efficiently to accommodate the size and complexity of the project, and accelerate time to market.
When outsourcing development, companies have an immediate access to some of the best talent across the globe, at the same time reducing the workflow on the existing team. Often, this also means bringing expertise that is not required for a company’s normal workflow