Fewer resources, high developmental cost, and technology dearth divert the IT companies towards getting their projects built by companies from other countries equipped with a greater manufacturing capability. Moreover, the process includes using offshore development services offered by the foreign land companies to develop software for in-house use. This concept broadly captures the essence Offshore Development Center. The model is widely being adopted by a range of small-scale and start-up IT companies which are gradually placing a foothold in the industry and looking forward to a steady business growth.
The IT industry has witnessed a rise in this trend wherein apart from designing and developing software products, the software companies are extending their business by setting up a dedicated space to offer offshore web development services. Such offshore development company possess a team of offshore developers who work specifically in this space and build customized products on behalf of the customer.
The primary purpose of offshore development is to serve as an extension to your organization. The implementation of offshore web development reveals a number of business opportunities and at the same time, cut down high in-house development cost. Though the model includes certain risk factors, there is also a brighter side which weighs down the limitations of the model to some extent. Let’s have a glance through the advantages offered while hiring an offshore development company.
1. Cost Effective- By offshoring the work that is supposed to do in-house reduces the cost of recruitment, salary, perks & allowances, utilization of equipment, etc. The company does not need to invest in setting up any infrastructure and hiring people, thereby making a huge cost saving, up to 30-60% generally.
2. Immediate Availability- Offshoring allows you to hire people of an offshore development company and buy their services on an immediate basis. The offshore development companies already possess a dedicated team to work on such domain and can immediately lend you the team or services for your project as and when required.
3. Better Control- When you hire people for your project, you become the main player in the game. You get control of all the processes as well as the team and guide them on how to go about with the development. Your word is the last word.
4. Single Focus- The goal of developing the project is the sole focus of the team. They work on the guidelines and the processes laid down by you in a way that completely fits your business requirements. This brings a continuous increase in effectiveness.
5. More Time for Core Activities- Proper planning of infrastructure, recruitment and training allows you to focus your energy on your core business activities. By offshoring, you can spend more time to plan and direct rather than performing auxiliary functions by yourself.
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