The Benefits of Outsourcing Software Development

The Benefits of Outsourcing Software Development

As businesses become more and more reliant on technology, the need for software development grows.?To remain competitive and gain advantage businesses need to continuously improve their products and how they deliver services to their customers. Technology becomes a great enabler, helping businesses transform and shape their offerings to the ever changing needs of their customers.

One way of businesses focusing their time and effort on their core business and gaining competitive advantage through breakthrough technologies without making significant long term technology investments is by outsourcing software development.

Software development outsourcing is common, especially among businesses that don’t have in-house teams that provide this kind of service. Businesses choose outsourcing because of reduced costs, saved time, and a team focused solely on the task.

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Below are 3 models for software development outsourcing :

Model 1: Staff Augmentation is about borrowing a team of specialists to perform a particular task. The process is happening in your company. You’re responsible for everything that’s going on in the software project.?

Model 2: Dedicated Team is a model in which your in-house team and the outsourcing team share responsibility for project deliverables.

Model 3: Project-Based is a collaboration where the software development company takes care of the whole process according to your requirements.?

Below are some of the benefits of outsourcing software development:

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1. Reduce software development cost

Whether you have an in-house software development team or not, you’ll have to admit that the costs are quite high. Not only do you have to pay their wages, but you’ll also need to fork out for their benefits package, holiday and more.

2. Work with a managed team

It’s not just individual developers that can save you manpower, and therefore time and money. Management is a huge part of this too.

Hiring the right manager for an in-house team can be one of the most difficult things you will do with your company, but you don’t have to worry about that as much when outsourcing, as every team will already be managed. You’ll certainly need management to guide the project down the line, but a lot of the weight of management can be taken away from your own company. It also takes some of the weight away from yourself. There will be no need to swoop around asking for updates, which will give you more time to focus on the overall direction.

3. Focus on your core business

And that brings us nicely to the final benefit of working with an outsourced software development company. Being able to focus on your core business will undoubtedly allow you to get a better result overall, as there will be nothing to distract you and lose sight of your original idea. This could well be the most important thing to focus on overall.

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