So, you have come to the conclusion that it would be beneficial to outsource your company’s software development project. The good news is you’ve made a great decision; however, you now have further choices to make. There all lots of different types of outsourcing firms, for example, nearshore outsourcing companies, and deciding which one to work with can be confusing.
The current marketplace offers a wide variety of outsourcing solutions to those looking to avail of remote workers for software development projects. This means you need to be prepared to carry out in-depth research before deciding which IT outsourcing agency to use. You want to find an agency that will be the best possible fit for your project.
In your quest to find the ideal outsourcing company, you have to think about your main reasons for outsourcing. There are, of course, many reasons why companies choose to outsource software development. Here are some of them:
– Need access to highly skilled professionals, but the cost of hiring such professional via traditional employment contracts is too high and time-consuming.
– Require fast temporary assistance for a short period of time.
– Insufficient budget to maintain an in-house software development team.
– Momentarily lack the expertise to develop or streamline a new high tech product.
Types Of Outsourcing
When it comes to classifying different types of outsourcing companies, using location as a basis seems to be the most logical. So, the three main types are nearshore outsourcing, offshore outsourcing, and onshore outsourcing. Onshore outsourcing involving making use of local software development agencies that are based in your home country. Offshore outsourcing means availing of services from remote software developers located in countries such as India and China. Nearshore outsourcing involves working with an agency that is located in a neighbouring country. For example, if you are based in the USA, nearshore outsourcing agencies are those based in Canada or Mexico.
The main advantage of offshore outsource agencies is that they are cost efficient and have access to a seemingly limitless talent pool. However, the drawback of offshore providers is that they lack cultural closeness and time differences can impact business operations. Nearshore outsourcing software development agencies often offer the best of all worlds when it comes to finding teams of remote workers. It’s important to take time to weigh up the benefits and drawbacks of all the different types of outsourcing in detail before choosing a provider for your company.