What to Look For in An Outsourced Software Development Company?

Imagine a scenario where you have decided to modernize your IT systems and practices. However, you decide against outsourcing software development services while making the right decision. Experts would say that you have already put yourself behind your competition.

Every time you call in an electrician to fix your fan, you outsource your stress. The same is the case with outsourcing your software development requirements to a trusted software development company.

As per the latest software development outsourcing statistics by Statista the application outsourcing market is expected to reach US$116.00bn in 2022. It means that globally it has become a common practice amongst many companies to hire an offshore software development company. This allows them to focus on the core task, among the other advantages.

This blog has been written to explain to all the readers the benefit of engaging with software development outsourcing companies, along with a guide that can help them when they try to find a suitable development team for their own objectives.

Read More: Ultimate Guide to Hiring a Software Development Firm for CTOs

The Types of Software Development

Just like in-house development software outsourcing is also targeted at achieving IT solutions in response to complex business problems. The primary difference is in the way the development service is delivered.

There are primarily three types of software development methods that can help a company to achieve the same goal. Let us have a brief look at them.

1. OnShore:

• In this type of engagement, the development partner is in the exact geographical location of the client. This allows close collaboration between the two. However, it is an expensive mode of application development.

2. Nearshoring:

• This refers to outsourcing done in a similar time zone or very close to it. The client and development team are very close to one another. It is a cheaper mode of application development compared to Onshore development.

3. Offshoring:

• If your onshore team is in the US and you decide to hire a trusted enterprise software development company in India for development, then it is called Offshoring. It allows you to work with the best global talent at a meager cost.

Why Should You Outsource Software Development?

Outsourcing provides the benefit of cost affordability and improved efficiency. But that’s not all. There must be a reason why the spending per employee in the software development outsourcing sector is rising. So let us have a look at a few benefits that you can enjoy with software outsourcing.

• Faster Development:
• Hiring dedicated software development teams from an outside third-party development agency helps organizations benefit from fast development pace. In addition, outsourcing helps to cut down time by eliminating the need to hire full-time engineers, designers, or product managers separately.
• Also, the offshoring team has more significant experience listening to multiple client issues across domains and providing software solutions. Therefore, they are quick at planning, designing, and deploying cycles.
• Reduce Cost:
• Why would you not prefer to select an option that allows you to save on the development cost? A recent Deloitte survey reveals that approximately 70% of decisions to outsource the project to an outsource software development company, are driven by the affordability factor.
• Moreover, outsourcing also helps to save costs on hiring, benefits to full-time employees and technical infrastructure and frees up some space for other activities.
• Access to Global Talent:
• In today’s globalized world, organizations can take advantage of accessing the best enterprise software development company from the global talent pool.
• In many countries, such as the US, there is a shortage of talented IT developers that can fulfill in-house development requirements. In such a case, offshore app software developers are not only beneficial but the only option.
• Better Flexibility:
• With software outsourcing, you only need to pay the cost required until you hire an offshore vendor. It also gives you the flexibility to scale up or down the size of your software as per the requirement antici[ated by the end user.

What to Keep in Mind While Selecting Amongst the Best IT Outsourcing Companies?

Before you go out looking for a full-cycle custom software development services company, you need to know what you expect to get in the result and communicate it.

It is better to envision the expected outcome you desire. You need to have a clear image of your expectations and the number of resources, cost and time you can use to achieve them.

Once you are clear about expectations and have specified them to the stakeholders, it is time to look for actual partners.

1. Ability to Communicate Effectively:

• Communication is key to the success of any software development project. Therefore, it is necessary to have a healthy communication channel between an offshore vendor and the company to stay updated with the project’s progress.
• Good communication improves product quality; therefore, always look into the communication strategy of offshore software development outsourcing companies before hiring them.

1. Vendor Security and Privacy Policy:

• Your private information is worth a million dollars. You can not let it fall into the hands of treacherous elements due to a mistake from a vendor’s side.
• While screening potential development vendors, look into their practices to protect your privileged information. Usually, offshore dedicated development teams have strict measures in place to avoid any cybersecurity or data theft issues.

2. Company Values:

• A successful software development project is due the efforts of two sides — you and your development vendor. It requires a great amount of synergy between the two sides.
• When you agree to hire an offshore custom application development company, you do it only after achieving a consensus on the objectives and the methodology.
• However, often teams can only collaborate effectively if there is a match in the values to a large extent. A developer that matches your values is better than the one who has cheaper price quotation.

2. Certifications and Awards:

• The field of software engineering is a deep well of knowledge and specialized skills. There are many languages, frameworks, technology stacks, implementation methodologies, and more.
• Verifying software development outsourcing companies can help you check the accreditation and certifications of the vendor’s development team. This also ensures the company’s quality standards, security, and confidentiality standards.
• Similarly, check the awards and recognitions received by the development company. Again, specific awards make a vendor stand apart from others.

3. Meet the Team:

• There is always an option of meeting the development team. You can complete the team in person or through video call.
• This experience will help you to learn more about the process, communication style, team harmony and synergy, and outlook of the development team.

4. Check Previous Client References:

• Request the development vendor to share the details of previous projects in the same domain as yours. It will help you to understand the experience of the vendor.
• You can also seek contact information of the previous clients and get in touch with them to fetch first hand feedback of the offshore custom software development team.

Read More: How to Get Benefits of Outsourcing Data Analytics in FinTech?

Conclusion

Are you finally ready to initiate your development project? First, find the most suitable software development team that matches your technical expectations and your company’s culture.

You must not only focus on the technical aspects while hiring a team. While knowledge of leading programming languages, frameworks, and libraries is essential, soft skills such as consistent communication are also crucial for a good end product.

While outsourcing software development helps you to develop, test, and launch the product faster, you can not select outsourcing software development services with a blind eye.

Preparing well before hiring a development partner goes a long way towards the project’s success.

Consult us today for your next project!

Originally published at https://www.geekbloggers.com on September 12, 2022.