Gigster and the Future of Work
It’s no secret that good engineering talent is hard to find. Diverse industries from retail and transportation to banking and insurance have one thing in common: today they are all tech companies themselves and require highly skilled software teams for mission-critical technical projects. Done well, these projects serve as a competitive advantage, done poorly they risk becoming a liability and can hinder the company’s growth. But outsourced development has fatal flaws: offshore and services firms don’t get access to the best talent, they require a large amount of time managing the project and they almost always cost exponentially more.
On the talent side, freelance engineers want access to a steady stream of interesting projects and usually don’t want to manage clients. And while highly skilled engineers have more opportunity than ever with job reqs outpacing available talent 5:1, full time positions don’t provide the level of flexibility and independence many developers want. Top engineers often want the ability to work from anywhere, to chose their own hours and to select the projects they want, as well as the ability to determine their income based on the amount of work they take on.
Enter Gigster, a marketplace built to manage the two sides of the software development equation. Co-founders Roger Dickey and Debo Olaosebikan saw an opportunity to better align the needs of software developers with companies who need access to the best engineering talent. They started Gigster with the vision to build the world’s engineering department and for the past 2 ½ years have built customer relationships across a range of industries from Fortune 500 to SMBs and mid-range enterprises.
At the center of Gigster’s advantage is its extensive network of 1000+ world class engineers who are aided by the platform’s system of tools that automate many of the mundane coding and project management tasks to ensure a high quality product on time and on budget. This system was a core part of our investment thesis as it learns over time and drives more and more efficiencies across the system.
It’s amazing that in 2017 coding is still such a bespoke process. We think Gigster’s managed marketplace model has the opportunity to disrupt the already enormous and rapidly growing IT services market while re-imagining the future of work for engineers, PMs and designers.
Originally published at www.redpoint.com on August 29, 2017.