Offshore Software Development Archives - Page 7 of 7

What would be a better choice when it comes to architecting a mobile app or a website for your business? Hiring an in-house team? Or offshoring to a tech partner?

Well, this decision entirely depends on what your requirement is, what type of software product you want to build, whether you want just a single product or a number of products, your budget constraints, and similar other questions.

If you want to design world-class software products, hiring an offshore software development company would be the best choice. Besides, if you decide to hire offshore software development services in India , you will benefit all the more. You will get faster market releases, cost-efficiency, reduced team management efforts, better project visibility, high-quality products, a competitive advantage over others, and much more.

So in this blog, we have explained some practical tips and tricks for choosing the right software development firm. Please read ahead to know more.

Actionable Tips to Consider while Choosing the Right Offshore Software Development Company!

Enlisting Project Requirements

Before approaching a software outsourcing company, you need to list down your requirements according to your goals and objectives. This list of well-defined requirements will help you to narrow down your search. For making this list, you need to keep these fundamental questions in mind- Do I need a mobile application, or a website, or both? Do I need one or more software products? Do you want a complete product or want to redesign an older product of yours?

Verification and Background Check

You need to verify using several tactics whether the firm you are going to work with has the required experience, and expertise in the required services. Their core competency must be in delivering software services. This can be verified by connecting with their clients, checking their social media pages for reviews, checking their ratings on authorized sites, etc. Go for a background check by checking their credentials and certificates and see whether the company has been progressing in recent years or downsizing.

Agile Development Methodologies

Make sure that the offshore partner you select follows the agile development process. The Agile Software Development model is essential for proper management of the project, especially during the pandemic. It ensures benefits like

enhanced ability to implement changes on the fly,
accelerated delivery of projects,
better transparency,
improved quality,
time predictability,
lower costs

Scalability of the Product

You need to make sure that your software provider will develop a scalable product for you. The product needs to be future-ready so that additional features can be added to it and its capabilities can be molded as your business grows. So check if the software provider offers customized solutions. Also, enquire in advance whether there are any additional or hidden charges for this.

Intellectual Property and related Agreement

The tech partner must mention clearly in the agreement that the intellectual property of the project, i.e. all the project data will be given in your custody, once the project is over. This will ensure data security and assure you that your property will not be leaked in any condition.

Communication and Transparency

Make sure that the company to whom you outsource your software project has an advanced level of tools for transparent and continual communication. You need to ask them questions like- ‘How often will there be follow-up calls?’ and ‘Will the company set up extra calls if required?’ This will help you understand if the company can establish strong communication with you and avoid miscommunication.

Flexibility in Pricing Structure

Choose a partner who offers several pricing models for you to select one that perfectly suits your needs. There could be pricing models such as-

dedicated development team model for directly hiring the offshore software developers for the project
fixed-price contracts for smaller or medium-sized projects
T&M model for hiring an expert professional temporarily.

Key Selection Criteria for the Right Software Outsourcing Company

The offshore development firm should rank high on overall performance, teamwork, scalability, on-time delivery, security, etc. across various verticals of its clients. It must offer the following services for a software product so that you can focus on your core business.

Development of Software Product:

The development firm should offer end-to-end software development services right from initial architectural design to its release. Their team should have knowledge of both partial and full product life cycle development depending on the specific requirements of the clients.

Product Modification:

As and when required by the clients, the offshore vendor (usually ISV- independent software vendor) should provide product enhancements or add extra features.

Project Migration:

The offshore company should be capable of migrating the projects involving a complete process of a developed client-server product to web-based technology and migration from older technology platforms to advanced ones.

Testing and Quality Assurance:

It is a must that the offshore vendor should provide testing and quality assurance services for the software product from modular and unit testing to integrated functionality and performance testing.

Maintenance of Product:

Once the development and testing of the product are complete, support and maintenance is required from time to time. So, make sure that the vendor provides product maintenance services as well.

Are You Interested in Building a Top-Class Website or Mobile App?

Final Thoughts

Choosing an offshore technology partner is quite a tough job, especially in today’s competitive business world. There are countless top-notch software development outsourcing companies in India and all over the world. Yet, businesses ranging from a small company to a Fortune 500 company prefer offshoring their software projects mostly to India due to the 360-degree services that they can offer.

So, in this blog, we shared some vital tips to hire an offshore software company, along with some selection criteria. We hope that they will be helpful to you in finding the right offshore tech partner.

Do comment here and let us know your experiences on this topic.

Also, here is another post on the topic- “Ultimate Tips on Selecting the Best Mobile App Development Company in India” Do read for better insights on this topic.

The concept of ‘offshoring’ software development projects has been widely adopted ever since its inception. This approach is indeed a lucrative strategy to the path of success. But why?

Well, today most software providers are based in the U.S.A. and Western Europe. However, the development infrastructure expenses and labor costs in these countries are humongous. Consequently, it becomes increasingly challenging for businesses to cope with the dynamic and competitive market. As such, Offshore Outsourcing becomes the most viable option.

The concept of offshore outsourcing is quite complex to comprehend and often baffles entrepreneurs, particularly start-ups. So, I have penned down an all-inclusive write-up on the myriad aspects of offshoring software development projects.

Let’s commence!

Offshore Software Development: In a Nutshell

Offshore software development refers to opening up a new software development center in other countries and hiring dedicated technical professionals for this offshore development center. Employees in this company hold permanent employment just like the local employees and the only difference is that these employees are located in other countries.

Companies adopt this strategy to reap the benefits of cheaper operating costs, a huge talent pool, and the opportunity to scale speedily so that they can optimize their output and enhance their technical proficiency without having to encounter hassles or incur huge expenses.

As per research by Statista published in July 2021, it has been observed that India turns out to be the most preferred location for hiring offshore business services.

This is because an offshore software development company in India promises lower wages and easy availability of skilled professionals in comparison to Western Europe and Asia.

To cite an example, software tycoons like Google, Apple, and Microsoft have set up their R&D centers in Bangalore, India, termed the Silicon Valley of Asia.

Offshore Software Development Outsourcing Models

Fixed-price

Under this model, the client firm and the development team/company decide a fixed price as well as the timeline for project execution, and any new client requirement is usually re-evaluated concerning costs and timeframe. This approach works best when both sides are clear about the specific project needs and there are hardly any chances of deviation regarding requirements.

Dedicated Team and Resources

This model involves the outsourcing agency assigning a skilled development team for the client company and this team is treated as the client’s employees who are working remotely. This approach is suitable for long-term projects wherein the client intends to hire software developers in a flexible manner; usually for creating software with scalability scope, or for maintenance after product development.

Time and Material

As per this outsourcing model, the client makes the payment based on the resource utilization – hours of work and materials used. This approach is implemented when the client is unable to define the project needs clearly, or when a trial is being developed before crafting a full-fledged app.

When should you opt for Offshore software Development over In-house Hiring?

Hiring an outsourcing team is the best option under the following circumstances.

Your budget is limited and you are looking for cost-cutting.
Your region faces a dearth of the required expertise needed by your software development project.
Your in-house professional team is too busy working on other important projects.
You desire faster product delivery and strict adherence to timelines.
You wish to leverage the most recent technology stack for your project and you have to hire experts for the same.

Picking the Right Software Outsourcing Agency: Factors to consider

Hiring the wrong team will create roadblocks in your path to success. So, choose wisely. Check out the major aspects to consider while you outsource your project to an offshore team or partner with a software solutions provider.

Obtain the assistance of an experienced technology expert from your side while hiring an offshore team.
Check the firm’s profile by evaluating earlier/ongoing projects, testimonials, blog posts, case studies, etc., and review references on business listing portals like Clutch; to gauge their overall proficiency.
In case you have a distinct app idea, ensure that the outsourcing firm signs a non-disclosure agreement (NDA).
Mention the technologies you would like to use in the project and clearly define the expected outcome.
Select the right offshore development model – development centers, dedicated teams, or project-based contracts – depending on your project requirement.
Maintain sound communication with your service provider by being in touch, providing the necessary guidance, and exercising control over the development process.
Make sure the partner firm provides support and maintenance services post-development. This way, your software is regularly updated to the recent versions and thus retains its value.

Offshore Software Development Services: Business Benefits

Access to global Talent Pool

Entrepreneurs enjoy access to a huge pool of talented, qualified, and experienced software professionals across the globe. These professionals are not only proficient in the latest technologies, but also keep their skillset updated from time to time as per the technical advancements.

Surprisingly, many developed nations like the U.S. suffers from IT talent scarcity; whereas popular outsourcing destinations like India, China, Vietnam, etc. possess a pool of software engineering expertise.

Lower Operational Costs

Offshoring the product development process comes with the promise of much lower operational costs as compared to hiring an in-house team; owing to lower wages of employees. Moreover, you don’t need to spend on additional expenses like office space, software licenses, equipment, utilities, and recruitment processes.

Shared Responsibility concerning Risk management

Managing risks effectively while executing software development projects is a crucial factor in determining success, and should not be undermined. And the good news is that risk management becomes a shared responsibility when a project is offshored. Besides, the risks involved in the developmental process can be handled in a better way by the offshore company as it happens to be a part of its core business.

More time to focus on Core Business Functions

Unlike in-house hiring, you need not be accountable for every minute detail of the product development process as the vendor manages all important functions right from recruitment to product delivery. As such, you find more time to focus on core business activities like establishing a robust client base or interacting with business partners.

The Opportunity to Scale Speedily

It’s quite challenging to hire in-house professionals as it involves time, effort, as well as significant financial risks; resulting in work overloading, compromised product quality, and losing clients to competitors.

Outsourcing averts such crises situations as payrolls are lower and the firm is able to shoulder down periods effortlessly. Additionally, it helps in scaling up the team and the project speedily without much ado. This leads to readiness for tackling more projects and hence opens up new opportunities for your business.

Profitable Outsourcing Locations

India

India is the most lucrative location for offshoring software projects amongst all other destinations. The reason is it offers a pool of skilled developers and highly trained experts with fluent English language skills, and a comparatively lower cost of project development.

Eastern Europe

For businesses based in Western Europe, nearshoring software services to Eastern European countries is a viable option. It is useful for businesses that need continual real-time collaboration with their in-house workforce.

Latin America

Outsourcing projects to Latin America works well for companies based in North America. This is because their time zones are almost similar which enables client firms to manage projects in real-time and to establish effective communication with their offshore team.

Are You Interested in Building a Top-Class Website or Mobile App?

Final Thoughts:

I hope this post has provided you comprehensive guidance on all aspects of the offshore software development process. This profitable approach is sure to empower your upcoming project with a proficient development team, high-quality codes and ensure a quick developmental cycle. So, think wisely and act smart!

Are you having further queries or looking for assistance? Contact us!

Offshore Software Development, Page 7 Category

Tips on Selecting the Right Software Offshore Company for Your Upcoming Project!