#offshore software developers

Selecting the right outsourcing partner or choosing the most suitable offshore software development company is a herculean task. But, it plays a significant role in paving the way for the growth and success of your company. As it is one of the crucial business decisions that should not be made overnight, here we are going to discuss the top factors that can assist you to hire dedicated offshore developers. This article will assist you to choose the right software development company for outsourcing your project. 

Offshoring has remained an effective way for companies of all sizes for decades now. We come across many success stories related to offshore software development many times. When it comes to considering both value and quality, offshore software solutions always remain handy. The only way to achieve success in offshoring is to choose a reputed software development company. Let’s understand the importance of offshoring for your company before moving to the key factors. 

Why Offshoring is Good for Modern Enterprises

Simply put, offshoring refers to assigning some business functions or projects to a country miles away from your home country. Destinations like India, Philippines, and the like are known for their low costs and superior quality performance of various software. In this pandemic age, offshoring has reemerged as a viable option to meet the challenges related to limited resources and travel restrictions. Hiring an offshore software development company can ensure business continuity in testing times. 

In the recent Statista list of leading countries in providing offshoring services, cost-effectiveness, business environment, and workforce availabiity remained the top criteria. When you select the right offshore software development partner, you can get the following business benefits. 

Big Benefits of Offshoring for Your Business

Expertise

You can hire dedicated offshore developers who have domain expertise and work at a fraction of a local employee’s CTC in your home country. 

Support

Offshoring enables you to get round-the-clock technical assistance for your software, and you can enhance the customer experience. 

Continuity

It is possible to continue operations at a normal level even during a period of crisis or calamity in your home country or anywhere else. 

Talent

You can get the advantage of a talented workforce without spending a small fortune when you opt for offshore software development solutions. 

But here, it is essential to choose the right partner who can assist you in every stage of software development. You can use the following tips to choose the right offshore supplier for the business. 

Tips to Choose the Right Offshore Software Developer

Select the preferred country

India, Phillippines, Malaysia, and Vietnam are preferred offshoring destinations for the US and Europe-based companies. Out of these destinations, India and Phillippines are highly popular among entrepreneurs. You need to select the country from such destinations based on their credibility and popularity in providing outsourcing services. 

Shortlist companies

The second step is obviously shortlisting BPO (Business Process Outsourcing) companies. It is better to check their reviews, client testimonials, and portfolios before selecting a suitable offshore software development company. You can also analyze the shortlisted companies based on overall quality, legitimacy, and engaging models. 

Check for Communication

This is also a necessary step to keep in mind. It is imperative that the team of dedicated developers you have hired should understand your language and requirements properly. Most outsourcing destinations can speak and understand English with ease, however, it is necessary to ensure that the offshoring partner you have selected has good communication facilities. 

You can discuss the purpose and core objectives with your software development partner to get the preferred outcome and make an effective strategy. Most offshore software development companies offer KPIs and metrics to measure the performance of your team. 

Other Important Aspects to Consider while Outsourcing Project

Though offshoring has no one-size-fits-all formula and the strategy that works for others may not work for your company, we can keep the following points in mind while offshoring. 

Have Plans

First things first. You should plan your steps and strategies properly before outsourcing. This planning will act as your handy guide throughout the project development and you can effectively manage the development process at different levels. A roadmap can enable you to get reliable and useful offshore software solutions. 

Think Functions

You can delegate any business functions to your outsourcing partner. But then, it is necessary for you to consider repetitive and mundane features that can be automized to increase the efficiency of your employees. Also, you should clearly identify functions that you can easily assign to the software development company miles away. The rest functions can be handled in-house. 

Consider Culture

Language and cultural compatibility are other important factors to consider while selecting the offshoring partner. Whether you outsource to Vietnam, India, or the Philippines, barriers related to culture and language always come your way. Therefore, it is better to learn more about your preferred destination before approaching offshore software development companies. 

Allocate Budget

Though offshoring is a cost-effective option for software development and other projects, it is better to keep some amount aside to meet additional expenses. You can allocate a budget properly to ensure the timely delivery of all your projects without compromising on their quality. 

Have Backup

This is very important if your offshoring strategy does not work out as expected. Whether your team of developers does not get the desired outcome or you want to change offshoring strategies for expanding business, a robust backup plan always remains useful. In other words, if you need to change the software development service provider for any reason, you need to have an exit strategy or a backup plan ready. 

Wrapping Up

It was in the year 1989 when outsourcing i.e. offshoring the projects started becoming a popular approach, and today, in 2021, it has become an integral part of global business operations. This trend is growing exponentially. So, let’s have a glance at a few statistics on offshore development.

Before the Covid-19 pandemic, the market size for global offshoring services crossed $92.5 billion.

In the USA, every year almost 3 lakh jobs get outsourced.

During the pandemic too, outsourcing of IT services increased from 12.7% in the year 2019 to 13.6in the year 2020.

IT outsourcing market is estimated to rise to $98 billion, at a CAGR of 5%, from the year 2020 to 2024.

About 46% of the firms who outsource the projects say that outsourcing gives them access to talented and skilled professionals who aren’t available in-house.

These estimations by Fortunly.com, a well-known portal for news, reviews, and market analysis, give us a peek into the rising scope of offshore software development services and their demand.

So, this blog gives you a deep insight into the world of offshoring as we have enlisted the top locations across the globe for hiring software offshore development firms. We will also share some tips on how to begin with offshore development. So, if you are an entrepreneur or a start-up company willing to outsource your software project, then this post is for you. Let’s begin.

List of the Best Outsourcing Destinations for Software Development

Asia

Asia is like a paradise for global companies to hire world-class offshore software development services. In Asia, there are approximately 7 million developers and the average rate of these offshore software developers ranges from $20 to $40 per hour. Below is the list of popular Asian countries for outsourcing:

India

China

Vietnam

Indonesia

Philippines

Malaysia

Nepal

Sri Lanka

Pakistan

Bangladesh

Out of these, India is one of the most popular destinations across the globe for outsourcing, due to its budget-friendly prices, availability of talented developers, advanced infrastructure, favorable government policies, etc. Today, the technology and engineering graduates in India are about 2.6 million. Furthermore, India consists of almost 5 million experienced software developers and their charges are comparatively lower ranging from $20 to $30 per hour. Due to all such reasons, today, approximately half of the fortune 500 firms prefer India.

Eastern Europe

East European countries possess a huge talent for outsourcing software services. There are more than 40 tech universities in Romania alone, producing 5,000+ software professionals per year. In Bulgaria, this number is about 3,500 graduates.

Overall, there are almost 1 million software professionals in Eastern Europe and they possess the broad commercial experience required for delivering world-class services. They are also equipped with the latest programming languages like JavaScript, Java, Python, and more. Their hourly rate is from $25 to $40. Besides, their convenient time zones, huge talent pool, cultural similarities, etc. make East European countries a top choice for outsourcing. A host of East European countries that outsource their services are listed below:

Ukraine

Czech Republic

Russia

Hungary

Belarus

Poland

Romania

Bulgaria

Estonia

Slovakia

Latin America

In recent years, Latin America has experienced a growing demand for offshoring its software services. The hourly rates of the developers vary from $30 to $55 per hour, depending on their work experience, and qualification. The countries in Latin America have similar time zones like North America and so, there is very little difference in time zone.

Here is the list of top offshoring countries from Latin America:

Brazil

Argentina

Chile

Costa Rica

Panama

Colombia

Peru

Mexico

Africa

Amongst all the destinations, African countries are the cheapest to hire offshore software developers as the hourly rates of the developers are lower than $20. There are approximately 20,000 software professionals in Africa. But a few professionals with good experience can even charge around $40 - $50.

Here is the list of African offshore development countries:

Egypt

Nigeria

Morocco

Kenya

South Africa

Australia

Australia has steadily emerged as a preferred zone for outsourcing software services. As compared to other Asian countries, Australia has a geographical advantage. Also, their native language is English, which is another huge advantage. However, the hourly rate of developers can be very high ranging from $100 per hour to $180 per hour.

Some Tips to Begin with Offshore Software Development

How to Start with Offshore Development?

While choosing the apt offshore destination for you, you first need to finalize your project requirements and then, choose the best-suited destination to hire offshore software developers. Next, you need to research for deciding the offshore company by looking for client reviews, the company’s specialization, their years of experience, company reputation, team size, etc. Also, before starting the project, you should have a rough picture of your project goals, the budget, and the timelines. This will help to avoid any miscommunication with the offshore team and help achieve the results as required.

Criteria for an Offshore Team

Here are some criteria that you should look for while selecting an offshore software development firm:

Technical education and expertise of the professionals

Ranking of software developers and their firm

Time zone and location differences

English language expertise

Experience in highly complex projects

Tech competency diversity

Final Thoughts

The outbreak of the Covid-19 Pandemic has brought a massive shift in the work culture and forced countless entrepreneurs to partner with offshore software development services for their development needs. And why not? Offshoring saves costs while delivering top-quality services and allowing businesses to focus on their core competencies.

So, in this blog, we have shared some of the top-notch locations for offshore development that will help budding entrepreneurs find the right tech partner for their projects.

So, was this blog helpful? Do share your feedback with us.

For any assistance on hiring an offshore software development firm, get in touch with us.

To know more about our core technologies, refer to links below:

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Flutter App Development Company

Hire an offshore development company from India for all your software development projects. Imenso Software is the best web development company in India that provides offshore software developers services at an affordable cost. They keep a balance of affordability and quality. To check out the complete range of software development services please visit their official website.

Offshore development centers are getting increasingly popular amongst startups, especially IT because of the benefits it offers. Offshore development centers combine the efficiency and skills of in-house development team with speed and cost-effectiveness. Offshore software development is a cheaper, faster and more efficient way to enhance your business operations and productivity.

IT startups often have limited budget, limited time, high turnover and inadequate resources. The only reason startups don’t consider outsourcing to offshore development centers is because they are not aware about its benefits. From speedy development process to cost savings, use of the latest tools and technical support, offshore development centers offer invaluable advantages to every startup. Let us see what offshore development centers can offer.

1. Cost Effective

It is no secret that the app development cost in the US and most western European countries are very expensive. Since almost every startup has a limited budget initially, it is advisable to outsource or hire offshore software developers to cut the costs as much as possible. For instance, in countries like India, you get access to specialized skill sets for much less. It is a smarter choice to hire an offshore app development company with a good reputation, like ManekTech and pay a little more than just going for the cheapest.

2. Time Saving

Working with an ODC can help you save time in multiple ways. Unlike investing so much time in hiring an in-house team, the app development company has a bunch of talents who know what task to accomplish and how to work together. Working with new employees is quite time consuming, since you have to introduce them to  your work culture, the technology available in your enterprise, training sessions and so on. You can certainly save a huge amount of time if you trust an offshore development center rather than doing everything in-house.

3. Boost Productivity

There are many things involved for a new IT business to take off the ground. When you consult offshore development center, they perform a lot of tasks on your behalf, so you get to focus on the core part of your business. It will eventually improve the efficiency of your employees when they are not overwhelmed by loads of tasks. Choosing an offshore app development center means you can focus better on things like fund raising, deal with legal issues, develop a strategy and so on, which are crucial for your business.

4. Better Scalability

Hiring an in-house team is not a scalable solution. The hiring process itself is time-consuming and you have to invest heavily in training as well. When your business takes a downswing, you may have to let some employees go, and when it gets busy, you may have to rush to hire new skill sets. On the contrary, hiring offshore development firm is a feasible solution. You don’t have to conduct interviews, do screening and then hiring employees. You can pay offshore development center when the project is completed and you can scale down. Then, when you are ready to expand, you can hire them again to scale up.

5. Access to Established Infrastructure

It takes a considerable amount of money for a startup to set up IT system that is capable of designing, developing, implementing and testing software applications. However, a well-established offshore application development center will have all the tools and infrastructure required to start building applications and deliver optimum results. You do not have to invest in any hardware equipment that is not related to your core business operations. The offshore development company will not only have advanced physical and hardware equipment, but also latest techniques and methodologies for efficient project development.

6. On Time Delivery

When you outsource to an offshore development center, you must clearly mention your deadlines. Once the offshore company knows about timelines, you can mostly expect to get your project completed on time since they are experienced in developing the project under strict procedures and fully-functional environment. If you choose to work with a dedicated ODC, you can rest assured that there is someone working on your project all the time.  

7. Continuous Support

A competent offshore development partner will provide around the clock support during all stages of the project life cycle, even after the system is implemented. The professional offshore development center makes sure all the information pertaining to your project is retained in their system even if you don’t wish to extend the partnership. This approach of retaining the information by development center guarantees satisfactory support services whenever you need their help.

Conclusion