Despite the many debates on the viability of software development outsourcing as a business strategy, the 21St century has seen a massive increase in the IT offshoring market size. A report from Statista states that over the past year, the Software development outsourcing market amounted to $66.52 billion.
With such a large number to its credit, is software development outsourcing just another fad, or is it an opportunity. It’s worth taking advantage of, especially in your enterprise’s first few years?
Some obvious advantages of outsourcing software development are eliminating the need for office space, setting up infrastructure to support development, and hiring, training, and remunerating an in-house team. But these advantages are merely surface level. The actual core is a lot deeper.
In my experience, choosing Software development outsourcing can be a make-or-break situation for an enterprise. In this article, I have touched upon eight reasons it is the right time for you as an enterprise to outsource to a software development company in New York. So, let’s get to it!
Access to deeply knowledgeable and experienced resources
Software development outsourcing is a brilliant way for enterprises to compensate for a lack of internal resources, allowing the business team to focus on core tasks. With software development outsourcing, all your enterprise needs is a product idea. Outsourcing offers immediate access to a complete suite of services covering consulting, marketing, analytics, design, and development.
With software development outsourcing, you can convey your project specifics, type, and budget to the outsourcing partner and directly proceed to development in strict adherence to the above facets. You could also choose to have your outsourcing partner create a minimum viable product (MVP). Then analyze and interpret the data it yields to develop your final product in alignment with what the market needs.
Access to the best tech talents across the globe
When you start to outsource its software development tasks, the acquisition of talent is no longer limited by geo-location. Your primary hiring criteria can seamlessly shift to skillsets and professionalism from your team’s proximity to your worksite.
With a bit of groundwork, such as browsing a potential outsourcing partner’s portfolio, checking testimonials, client feedback, reviews, and testing products delivered by the company, you can easily find a team that is a good fit for your project needs.
With outsourcing, your enterprise gains access to an immensely deep pool of world-class development talent to optimally create your envisioned product.
A perfect balance of skills and rates
Software development outsourcing can offer your enterprise the opportunity to strike the perfect balance between development capabilities and development rates. Given the broad geographic reach afforded by outsourcing, you can acquire teams from software development outsourcing hubs like India or Eastern Europe, where the cost of living is much lesser, resulting in considerably lower development costs.
India ranks high on the best value-for-money outsourcing locations. You can rest assured that you will receive quality service and a world-class end product with an optimal balance of expertise, creativity, functionality, and cost.
Ability to gather the best professional team
Hiring a fully functional in-house team can throw you off schedule quite severely. As an enterprise looking to launch a product successfully, you need developers to write code for your project or DevOps to deploy it. It would help if you also had proficient business analysts, designers, QA professionals, etc.
Finding such experts will be an extremely time and resource-intensive task if your project requires specialized skills such as VR or AI. With software development company in New York, you can redirect your time and resources to your product’s actual building.
An ideal software development partner will come pre-fitted with a complete team with the skill sets mentioned above. On the off-chance that additional resources are required, the development partner can quickly recruit known, vetted, and trustworthy professionals from their repertoire of outside experts. At the project planning stage, the project manager at the outsourcing company can propose team compositions aligned to your enterprise’s needs and draft an approximation of the time required from each outsourced collaborator.
No micromanagement required
Upon outsourcing, a dedicated project manager in your outsourcing partner’s team is deployed to your project. The PM is responsible for taking care of all matters during the SDLC and being the main point of contact for resolving issues that may arise.
With tried and tested development methodologies to manage the development teams, the PM plans sprints, sets deadlines, controls schedule, delivery, and features demos while offering you the chance to make suggestions or changes; Actions you can be assured will be taken.
Effective inter-team communication
Effective communication is integral to efficient collaboration. An ideal outsourcing partner will come equipped with the latest tools and platforms required for lucid communication. Thus almost eliminating the need to spend time and effort building a collaborative environment.
Software development outsourcing companies sport cross-functional teams to work together, resulting in high-quality output delivered fastest and most effectively.
Application of the Agile methodology
Lean development is critical to software development by an enterprise as it minimizes unnecessary expenses, correctional tasks arising from flawed management, ineffective communication, project complexity, and poor coordination.
Almost every capable software outsourcing development company follows the agile methodology to achieve the lean approach. In the agile model, product development is broken into sprints where each sprint has an objective termed the product increment. The product increment is usually a feature, or functional component tested and demonstrated to you once the sprint has ended.
The agile methodology allows ample room for revision and iterative development to effectively adapt to changing requirements, reducing the need to re-work completed components.
During the SDLC, your project’s scope might fluctuate, resulting in changes that need immediate implementation. Scalability in teams, both up and down, is, therefore, imperative. In contrast, with software development outsourcing teams, such scalability in an in-house team is impossible.
In the case of an in-house team, finding additional team members with the required skillsets, especially when the team is stretched out already, can be difficult. Reducing team size is also an issue, as dismissing people can affect team morale. It also means you must keep paying salaries to keep them on board for future projects.
Every business needs a hyper-aligned team to bring its vision to fruition, from user-facing applications to enterprise software. Likewise resolving your company’s regular operational and functional problems.
Make sure to approach your search for an outsourcing partner with clarity. About your scope, technical prerequisites, and skillset demands from the beginning.
Software development outsourcing can help your enterprise overcome scalability issues for micromanagement and even offer you a massive talent pool to choose from. Today, numerous enterprises hold software development outsourcing as a go-to practice to reap. The benefits of cost, time, and resource allocation. And in my experience, so should you, as right now is the perfect time to outsource custom software development company in New York. We trust that this article will prove informative. Until next time, happy developing!