What do you do when you can’t build an in-house team for creating software products? You can be like the 68% of US companies that outsource to low-cost countries.

Offshore application development is a preference of the world’s best companies. In fact, the IT outsourcing market is expected to reach $410.2 billion by 2027, with a CAGR of around 27%.

These two statistics definitely suggest that offshore software development is on the rise. It enables companies to build inexpensive applications, along with giving them access to high-quality talent.

An offshore development team comprises developers, engineers, product owners, and managers. They are similar to an in-house development team except for the fact that they are hired on a per-project basis.

Why Should you Consider Offshore Software Development?

70% of companies outsource to reduce their operational and development costs. However, this is not the only reason.

On the other hand, 40% of companies outsource to achieve flexibility, 20% want speed to market, and 15% want access to unique tools and processes.

Here are the top reasons to hire an offshore software development company – 

  1. Access to Global Talent
    • One of the biggest benefits of looking for an offshore development team is that you get access to global talent.
    • Since there are no geo-restrictions to work, companies can hire the best developers and teams from anywhere they want.
    • When there’s a need for someone with specific skills & expertise, offshore companies come to the rescue with their diversified team.

Read more: Software Development Trends 2021

  1. Focus on Core Competencies
    • Another advantage companies get when they hire offshore development teams is an increasing focus on core competencies.
    • For example – a startup working with an offshore partner can delegate the task of app maintenance and support while the in-house builds the application.
    • Similarly, product owners and managers can focus on building roadmaps and achieving the product vision while the offshore team takes care of development.
  1. Affordable Development
    • And probably the biggest reason, as the statistics suggest, is the reduction in the cost of development.
    • You can hire offshore development companies in India, Vietnam, the Philippines, and other low-cost countries at almost half the price of the US developers.
    • On top of that, there’s no need to pay for perks, compensations, insurance, etc. The offshore company will do that. You can let them go once the project is complete.

Apart from this, the offshore company also provides a dedicated development team model that acts as your in-house team. The price is mostly on a monthly basis, but there’s not much difference.

How do I choose an Offshore Software Development Company?

There are millions of outsourcing companies providing software developer services. Answering “how to hire offshore software developers” can be a challenge.

Some of the factors you need to consider before partnering with an offshore development company include – 

  • Assess their Experience
    • Look at the experience of the offshore development team. Always look beyond their years of work. Your goal should be to look at the demonstrated experience – their case studies, website, applications built, and more.
    • By glancing at their experience, you can understand whether they are the right fit for you or not. Identify if they have worked in your industry, their product development approach, and their soft skills.
    • Experience tells a lot about what the company has done and how they operate. It shows whether the offshore programming company has actually done the work or not.
  • Compare the Pricing
    • Before hiring a company for offshore application development, compare the pricing of multiple companies across the globe.
    • The cost will also depend on region to region. India is a leading IT outsourcing destination and offers high-quality talent at a low-cost.
    • Philippines, Vietnam, Thailand, and Poland are also cost-effective locations to hire experts in software development services.
    • While budget should not be your primary concern, ensure that you get your money’s worth. Sometimes, offshore developers provide services based on what the payment is, so consider a company after proper research.
  • Understand Cross-culture Operations
    • Communication and Collaboration are important for offshore development companies and their employees to work effectively.
    • However, cross-culture operations may seem challenging. The solution is to mutually respect each other’s culture and align the work style to achieve the maximum benefit.
    • A good offshore software development team will bridge the cultural gap as much as possible. It understands the importance of working together, so it will align its culture based on your company’s operational style.

Click here: What Can Project Managers Do To Augment The Software Development Process?

How Do you Get an Offshore Development Team?

More often than not, an offshore development company will provide the best team for your application development requirements.

Companies that are looking to hire offshore developers can take interviews as well before they partner with the team. It will give a proper idea about who will work on the project, their experience, and what they can achieve. 

To get an offshore development team, companies can get a reference from their network. It is one of the best ways to find a company.

On the other hand, there are online portals today like Clutch, GoodFirms, Techreviewer, and more that provide a comprehensive list of offshore development companies. 

Online portals are preferred by several companies today because they provide reviews about the company and contact information. You can connect with them and understand what they offer.

Which Country is Best for Software Engineers?

If you are looking to hire an offshore development team, then you have a list of options to choose from.

India is probably the best IT outsourcing destination. It has a pool of talent that is available to work at affordable prices. Indian developers speak a fairly advanced level of English and have a great understanding of programming software products.

Next in line are Ukraine, China, and Poland. These 3 countries have highly skilled developers, and the government’s focus on the tech industry has led to the birth of some of the best developers in the world.

The Philippines, Romania, and Brazil cater to a big chunk of tech companies in Europe and the US. The countries are heavily investing in their tech infrastructure to serve the needs of the global IT industry.

Checkout: Customized Software: What is it, Types, and Examples

Summing Up

Outsourcing software development services is an excellent way for companies to achieve economies of scale while building world-class products. 

Today, many countries that offer offshore development teams have developers who have studied for countries like the US, Spain, Italy, Australia, Canada, and New Zealand. They have the capabilities to work as skilled developers at a really affordable price.

Clients in 10+ countries trust BoTree Technologies for its offshore software development services. We provide a dedicated team that works according to your timezone and delivers the best software products. 

Contact us today for a FREE CONSULTATION.