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Outsourcing has come a long way from being merely a business tactic to becoming an essential business development component. Outsourcing represents a business practice of hiring a third-party company to perform services which are traditionally executed in-house.

Come 2020, remote work became the new normal considering the pandemic we faced. And even when the pandemic passes over, it is safe to say that majority of the companies will prefer this type of employment type. In addition to this, outsourcing and other finance-related perks will mark business practices in 2021. This year, we are bound to see many changes that can have a tremendously positive impact from several angles and viewpoints. Here are some of the outsourcing trends for 2021:

1. Rearranged priorities:

This year, the business will now focus heavily on outsourcing more of their core functions and the smaller tasks that are normally assigned. This switch in the delegation of tasks comes from businesses understanding the numerous financial benefits of outsourcing. Businesses hire high-quality outsourcing partners and delegate them more essential tasks, like software development outsourcing. This way, businesses can obtain new knowledge and results quickly.

2. More focus on people:

2021 will have a lot more focus on the people than finances. Partnerships won't be driven by price anymore. The most important trend for 2021 will be staying in touch with your employees and your customers’ necessities. Outsourcing companies will modify their approach and stir their work by focusing on the processes and the people participating.

3. Quality moreover quantity:

One main disadvantage of outsourcing was having a heavy focus on the quantity and being stringently profit-oriented. However, results and quality will now play a more valuable role. Concentrating on high-standards and optimal results is the trend that will label outsourcing as favourable and efficient in 2021, too.

4. Customer experience:

2021 will see customers being more demanding. Companies will have to find new ways and tactics to offer their customers with the best service possible. This segment of business requires years of experience and dedication and is a vital part of any business. With rising customer expectations, the business will have to invest in customer service teams. Outsourcing companies can offer you teams that can quickly adapt to your business model and offer your customers with the best services. A happy customer will be the one who can boost your business’ visibility through positive reviews and testimonials. Dedicated customer support will be one of the leading outsourcing trends in 2021.

Conclusion:

If you want to get your software development outsourcing done right, you should follow the trends! Riding the trending wave is a way to ensure you are up and amongst your competitors. So, how do you get your outsourcing game perfect in 2021? What should companies be expecting from their outsourcing service providers? Will companies see an increase in collaborations with software developers in 2021? What technologies will prevail, and what trends will be followed?

If you want to get your software development outsourcing done right, you should follow the trends! Riding the trending wave is a way to ensure you are up and amongst your competitors. So, how do you get your outsourcing game perfect in 2021? What should companies be expecting from their outsourcing service providers? Will companies see an increase in collaborations with software developers in 2021? What technologies will prevail, and what trends will be followed?

The future of tech outsourcing is brimming with loads of opportunities. Here are the top five trends you can expect to see in 2021:

1. Value over price:

Previously, there was a shift in inhouse development to outsourced development, mainly due to cost-cutting reasons. However, companies now are looking for better efficiency, improved process optimization and working with high-quality professionals, which is possible with software development outsourcing vendors. As the competition between outsourcing companies grow, the quality of the service delivered will be increasing too.

2. Small businesses will outsource more:

Small businesses and startups are increasingly using software development outsourcing companies because they offer services at a reduced cost, but you can also get access to a professional team, and there’s no hassle of recruiting them! Previously it was mostly larger companies delegating their projects to offshore software service providers, and now smaller businesses are following the trend too. This is mainly because they get access to complex, innovative solutions like AI, blockchain, IoT, etc all from one vendor.

3. Strategic partnerships:

Finding a reliable development partner and building a healthy relationship with the remote team is not an easy task. However, instead of joining hands with multiple vendors for different projects, companies will now look to mitigate everything by outsourcing with a single vendor. Companies will be focusing on building a strategic partnership with a single software development outsourcing company and becoming a significant contributor to their projects. Vendors should be able to cover any type of tasks necessary for the success of the client.

4. Flexibility:

Software development vendors will need to operate at a high-efficiency level to meet the rising demands from their clients. Companies will expect their vendors to be flexible in several areas. This should begin with the ability to ramp things up and down as per the needs of the company. Vendors must be able to restructure their teams swiftly and deliver results with agility. Companies will look towards software development outsourcing companies that can adapt and accept their business ethics quickly and efficiently.

5. Trending tech:

In 2021, there will be a continuing rise in demand for AI, data science skills, web development frameworks, cloud computing etc. Companies will be looking for experts in AWS, CompTIA, Docker, etc. Therefore, vendors will need to up their game and upskill their professionals in aspects like automation tools, cybersecurity, AWS cloud, etc. There will be an increased demand for emotional intelligence and design thinking too. So, tech service providers will need to learn how to apply these technologies to stay attractive for their clients.

Conclusion:

To grow quickly, you need to be swift to adapt to new software development trends. Adopting a trend as early as possible is the key to stand out amongst the crowd and offer companies unique services before your competitors. The trends mentioned above will definitely make a niche in the market. So, set your path to adoption right away!

As a business leader, you’ll know how important it is to stay ahead of the competition. Operational efficiencies can be made and customers better served through technology, but that takes software development.

Outsourcing software development to a specialist team can offer CEOs the opportunity to carry out digital transformations or enter new markets with less risk. All the while saving time, money and freeing up your internal resource. Here is our guide for the CEO looking to innovate their business fast.

Outsourcing vs using your own IT team

The first question business directors will ask before outsourcing any IT project is why can’t I use my current team? After all they’re employed by the company and we don’t need to enter new service agreements with third party providers However, we’re not considering your software development project and the skills needed to deliver success. Modern IT teams have responsibilities across the whole business operation, making them short on time to fully commit to development projects. With outsourcing you can allow your internal resource to focus on the day to day IT operation and more strategic work for senior team members.

Grow faster with agile software development

Many outsourced software development teams work towards an agile project management methodology, but what does agile really mean and what are the benefits to a business? Agile is founded on the principles of the Agile Manifesto. Where individuals, collaboration and responding to change are the priority over following rigid processes and plans. As a result, projects are able to respond better to change, plus they have a greater emphasis on your business and its customers’ requirements through project collaboration. By working in an agile approach, development teams are likely to deliver value faster, with greater quality and predictability, and a far greater aptitude to respond to change.

Tech experts to help scale your business

As covered previously your existing team might have their hands full with maintaining the operation of your business. Therefore, they are unlikely to spot opportunities to utilise new technologies and integrate them into your digital proposition. What your business needs to stay ahead of its competitors is access to specialists that offer more than just new skill sets, but experts that can guide you through new technologies aimed at delivering greater efficiencies and reduce costs. Outsourcing integrates with your existing teams

A common misunderstanding CEOs have with outsourcing your software development is how the specialist team works with your own IT team. Remember, one of the fundamental principles of agile software development is to collaborate. So rather than existing in an untouchable silo away from the rest of your organisation, you will find the best outsourcing development teams integrating with your internal resource and involving them throughout the project. This collaborative approach results in projects that are more aligned with your businesses internal processes and your customers.

Outsourced development can reduce risk

Whether it’s a digital transformation project or your business is aiming to enter a new market, risk will play a major factor in the CEOs mind. As more time and resource is allocated the greater the concern that the project may not pay off in the long term. Rather than making expensive recruitment moves and hiring full-time specialists in house, outsourced software teams offer your business a scalable solution that can be added to or reduced when your project needs it most.

Looking to grow faster? Speak to us

Every CEO is looking to lead their business to new heights and success, but it’s a challenging landscape that requires an ever-growing digital focus. We are experts in outsourced software development with access to over 1,500 talented software developers. If you are looking to develop new solutions for your business at lower costs and less risk, contact us.