The Future of Nearshore — Product Development as a Service

In this last decade, the world is increasingly being impacted by technology. Jobs that used to be done in offices are now being done at home. We are facing a period of digital transition, where companies work from home, doing the same work they would do in an office, without having to travel to do so. This digital transition is a strategy that is used as a competitiveness factor, especially for companies that work in the IT outsourcing industry.

The COVID-19 pandemic came to speed up this digital transition, as people could not leave home and have physical contact, led most companies to adapt to teleworking, aiming to maintain the productivity of their employees. Staying ahead of the competition is a constant struggle for enterprises across sectors in the quickly changing digital world of today when innovation and efficiency are crucial.

One of the areas that took the greatest advantage of this pandemic period was Nearshore. Nearshore is the outsourcing of work to a low-wage foreign nation that is nearby in terms of distance and/or time zone. The client anticipates gaining from one or more of the following proximity constructs: relationships based on geography, time, culture, language, economy, politics, and history. It is used to distinguish between companies and countries.

Nearshore is quite efficient and brings a lot of advantages to the companies that practice it and to those that are hired, although companies have to cope with various distance factors. You can learn more about those distance factors in our latest post. Companies will be recruiting profiles of professionals to work for them from another corner of the world, which brings a lot of complications due to those same distances.

In order to solve these problems, Ubiwhere has created a solution that frees companies from any liability and where those distances will not be a problem for them.

Utilizing technology and producing quality products become essential as firms work to satisfy customers’ rising expectations. Ubiwhere manages to stay at the top of the competition, not only for its experience in international projects and partnerships/alliances in IT but also with its new solution that goes beyond Nearshore, the Product Development as a Service!

Product Development as a Service (PDaaS) is a solution to implement product roadmaps, ideate innovation plans or build great services with bleeding-edge technologies for clients. Embedded in the B2B strategy, Ubiwhere has a team of professionals that manages, creates, and develops technological solutions to answer clients’ needs by comprehending customers’ key blockers and help on creating a team that can help on achieving their objectives.

The exciting shift from nearshoring to product development as a service is a driving force and shows unmatched benefits. Product Development as a Service provides you useful insights into the realm of collaborative innovation, and it can take your company to new heights, whether you’re an entrepreneur, a tech enthusiast, or a business executive looking to improve your product development processes.

Product Development as a Service provides clients with a strategic partnership that makes use of outside expertise, lowers costs, expedites time to market, reduces risks, and enables better resource allocation, ultimately assisting clients in more successfully achieving their product development objectives.

Product Development as a Service goes beyond Nearshore. Instead of the client hiring professionals from other countries who can temporarily solve the problem, the client directly contacts Ubiwhere to solve its problem. Besides all the benefits that Nearshore brings as a business model, the difference between Product Development as a Service and Nearshore is that the company that hires Ubiwhere is only responsible for defining goals, collaborating in the identification of needs, and monitoring the work done, and Ubiwhere’s Project Manager and the team that is responsible for everything else.

When hiring Ubiwhere for the Product Development as a Service, there will be a Project Manager, who is the connection between both companies, that is in charge of talking to its team about any changes or updates, and who is responsible for checking the work done and the progress of the project. The Project Manager and its team, who are responsible for the development of the product, are allocated to clients’ correspondence, making their focus entirely on the client. Not only does it allow the client to focus on their core business, but it also allows the hired company to keep on innovating and stay on the cutting edge of technology while becoming less dependent on external funding and building long-lasting partnerships with innovative international companies.

If you are interested in Ubiwhere’s Product Development as a Service, you can find more information on the Ubiwhere website!