Although it is extremely tempting to want to do everything yourself when running a business, it is just not feasible if you are trying to scale up, trying to reduce operational costs, or trying to improve your company’s performance levels. When going at it alone, without additional partners, many of these factors end up causing you to incur additional expenses because they divert your attention away from your core competencies. The solution to this is to understand your business’s core competencies (what you do best) that allow you to play to its strengths and then outsource all other business functions to an offshore development partner. In doing so, not only do you identify what your strengths and weaknesses are as a company, but you maximize your ability to be efficient and flexible while reducing operational costs.
What Is An Offshore Development Center and Who Requires One?
An offshore development center is an extended and integrated offshore team that is dedicated to supporting the contracting company, located in another country. Offshore development centers are popular business models utilized by enterprise companies and startups needing creation and maintenance solutions, software, project management, and testing, as well as technical and customer support. A lot of IT companies use offshore creation development and testing for products as these products can be deployed much faster through an ODC due to the availability of specialized skills and infrastructure. Common benefits of using an ODC include timely delivery of projects, knowledge retention, autoscaling of IT, reduce costs in infrastructure, reliable operations, and access to the best skills and technology in the marketplace.
Staff Augmentation services being offered is a core thing to consider while hiring any IT offshore development company. Hire a dedicated team of developers and let them take control of the end-to-end process in developing and implementing solutions for your business.
What Should You Be Outsourcing to ODC’s?
You want to outsource anything that doesn’t fall squarely within your core competencies. This could be the designs needed for business visual elements like logos, business cards, and brochures. It could be your website app development or it could be the content required for your social media platforms, press releases, and website blog - which is a part of digital marketing services. Beyond this, information technology like IoT based product design, web or mobile-based system development and financial services like taxes and payroll are also common areas that are outsourced.
What to Look for in an Offshore Development Center?
If you have decided to hire an offshore development center, Here are TOP 10 fundamentals that you should be looking for when going through the vetting process.
Read more: 10 Fundamentals for Finding the Right Offshore Development Partner
The software development market has grown so much that finding the right partner has become a tough affair.
Outsourcing has become a solution to numerous businesses with limited budgets.Put your prospective partners to test in order to analyze their level of expertise.
Ask them questions that can help you capture their unique strengths.
Some of the inquiries to make include:Are they capable of delivering what you require?What approach they will use in the software development processAsk about their previous experience with customers seeking similar resourcesHow they deal with risks that threaten the projectWhat strengths give them an advantage over their competitorsMost importantly, find out what value you will get for your moneyAt Saigon Technology, we meet all the above criteria as we are capable of delivering exactly what you expect.
Getting an in-house team is really expensive yet they may not be able to deliver in terms of quality compared to offshore technicians.You can get affordable offshore services from countries like Israel, India, Ukraine or Vietnam where there is an abundance of coders and software developers.3.
ReliabilityOffshore companies mainly rely on legally binding contracts.
According to Statista, the global outsourcing market will surpass $400 billion in the next four years.
In comparison, two years ago in 2019, the outsourcing market was not even worth $100 billion.
In this article, we will focus on the IT industry and will include all aspects of offshore development, proposing ways to connect and establish relationships with your potential development partners.There are two terms associated with hiring software specialists: outsourcing and offshore software development, which are often used interchangeably, and hence assumed to imply the same thing.
So, what’s the difference?Sometimes, you don’t need to go far to outsource.
For instance, in a situation where you need to hire Java developers for a specific goal, you can do so by just visiting the office right around the corner—or in the same building you work in—and find experts for the job.
Your country of choice presumably boasts a high level of IT expertise and a large pool of highly skilled professionals.
