When considering outsourcing software development, it’s natural to feel hesitant about entrusting another company with such a critical task. However, regardless of your company’s size, outsourcing can provide numerous benefits and relieve the burden on your shoulders during this stage of the business process. 78% of businesses hold a positive view of outsourcing, boosting your confidence and reassuring stakeholders that the software development aspect is in capable hands. At Trustify Technology, we offer remote-first software IT staff augmentation services, enabling you to access top talent in Vietnam and scale your team according to your needs.
Top reasons why companies choose to outsource software development
Below are several reasons why companies should consider outsourcing software development. It is important to carefully review these factors before deciding and communicate your needs in a request for proposal (RFP) to potential partners. Our article also provides an overview of the advantages and disadvantages of outsourcing, which you can read for more detailed information.
Reason 1: Reduce software development costs
The costs can be substantial if you have an in-house software development team. Not only do you have to cover salaries, but also benefits, holidays, and other expenses. Research suggests that the total cost of a new in-house developer for a startup can be 2.7 times their base salary, including perks, taxes, and meetings. By outsourcing, you can significantly reduce these costs by offloading them onto the outsourcing company. Since outsourced developers are hired non-permanently, the company you hire takes care of benefits, taxes, and holidays. This approach allows you to bring in more skilled professionals for less money, creating a win-win situation.
Reason 2: Access domain knowledge
While your in-house team may possess the skills required for software development, outsourcing allows you to tap into a team of highly experienced developers with diverse expertise. Fresh minds can drive innovation, improve teamwork dynamics, and introduce new technologies to enhance the project’s overall quality. A reputable software development company seeks to assemble a team with a wide range of skills, avoiding redundancy and fostering a culture of continuous learning. By leveraging this diversity, you can benefit from niche experts who offer valuable insights from a user perspective, providing invaluable information for your project’s success.
Reason 3: Save time on specialist hiring
Time is a precious resource, and by outsourcing, you can save significant amounts of it by bringing in pre-approved specialists. The average job interview process for businesses takes approximately 23.7 days, but outsourcing eliminates the need for extensive candidate searches and time-consuming interviews. Instead, you can rely on an outsourcing company already doing the legwork. Hiring an outsourcing team can be equal to or even shorter than hiring a single in-house developer. This time-saving aspect translates into cost savings as well.
Reason 4: Access world-class talent
While in-house methods may attract talented developers, dedicated software outsourcing companies have a higher chance of recruiting top-quality professionals worldwide. These outsourcing companies have access to fresh talent on an ad-hoc basis, allowing them to find the right individuals for your project, regardless of location. Outsourced software developers are in high demand globally, and their expertise extends beyond the tech sphere. Whether you require stunning graphics for a marketing campaign or specialized software for an in-car entertainment system, outsourcing provides a way to access these sought-after professionals effortlessly.
Reason 5: Increase project scalability
Projects rarely unfold precisely as planned, often presenting unexpected variables that can affect timelines and costs. Scaling a project can be challenging with an in-house team, as having too many or too few people can lead to inefficiencies and wasted resources. Software development outsourcing agencies offer the flexibility to add or remove team members as needed, providing scalability that saves both time and money. Scaling your project based on its requirements offers significant advantages, allowing you to adapt quickly and effectively to changes.
Reason 6: Benefit from a managed team
Outsourcing reduces the workload on individual developers and relieves your company from extensive management responsibilities. When outsourcing, each team is already managed, removing the need to find the right manager for an in-house team. While you still require management to guide the project, the outsourcing company assumes much of the management burden. This streamlined approach frees up your time and lets you focus on the project’s direction.
Reason 7: Focus on your core business
The most crucial benefit of outsourcing software development is the ability to concentrate on your core business. By entrusting the development tasks to experts, you can avoid distractions and focus on your original idea. This undivided attention enhances the chances of achieving optimal results. Outsourcing allows you to offload software development responsibilities and dedicate your resources to your core competencies and strategic goals.
Outsource Software Development with Trustify Technology
Through IT Staff Augmentation, our team seamlessly integrates with yours to form a cohesive unit. We meticulously pick out team members with the necessary skills and knowledge to meet your needs. They fully engage themselves in your project, upholding your company’s values and pursuing objectives in alignment with your long-term plan.
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Conclusion
Outsourcing software development provides compelling advantages for companies of all sizes. Companies can significantly improve efficiency and project outcomes by reducing costs, accessing specialized knowledge, saving time on hiring, gaining access to top talent, increasing project scalability, benefiting from managed teams, and focusing on core business activities. Trustify Technology offers 15+ years of experience in software development outsourcing, providing access to quality tech professionals and a streamlined hiring process. With a risk-free two-week trial, you can experience the benefits of outsourcing without any obligations, ensuring a smooth transition and successful software development projects.