Guide to R&D Outsourcing
R&D outsourcing has become a global trend from different industries as it has solid benefits and could fully replace in-house teams. Trying new ways and strategies in developing businesses are essential things for its growth.
What is R&D Outsourcing?
Is a way to establish your business in a different country under your own employer brand with the help of a company that offers R&D services. You will be provided with the remote team, the vendor is responsible for all recruitment issues and organizations stuff.
What is R&D Offshoring?
It is a way to set up an offshore office, where you can have your own programming team working on developing your product. You have to cooperate with a local BPO company in order to open your R&D center. R&D offshoring gives you an opportunity to set up your remote team full of professionals, easy and cost-efficient.
Outsourcing R&D: Pros and Cons
Like every business model R&D outsourcing has its own advantages and disadvantages. To understand if it is gonna work for your project you should analyze all the strong and weak sides.
As for advantages R&D outsourcing has a few solid benefits like:
- cost-efficiency
- access to larger talent pool
- flexibility
At the same time there are few disadvantages which could prevent your business to work productively:
- time-consuming
- inaccurate or false data
R&D Outsourcing Companies in Main Outsourcing Destinations
Let’s take a closer look at companies in main outsourcing destinations worldwide that provide services of R&D outsourcing
India: Moontek, Resolute Software, Electric
Philippines: J2E Technology Solutions and Services, Kadence International
Costa Rica: Cinde
Ukraine: Qubit Labs
Poland: Ciklum, Elinext, J-labs
Kazakhstan: Hexlet, Parqour (Smart Parking Technologies) ,Singularity Lab
Azerbaijan: Global Technology Services, R.I.S.K Company
India: Kantar, ALTEN, Moody’s Analytics
Vietnam: TP&P Technology, CMSMART, Minh Phuc
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