Earning profit is important for every company but, to save those profits, is more important. A huge amount of profit can be utilised in many ways. It can be used in a more productive way that will increase the growth rate of the company. To earn more profits, it is very important to cut down the extra expenses and to cut down expenses, try going for a dedicated development team. The trends in the IT sector are changing rapidly. This fast-paced change requires new and updated technologies that require more manpower. Getting skilled and experienced staff is not easy and there are different aspects and constraints to it. Read more...
Outsourcing software development can be an effective way to build your business quickly without paying high salaries to in-house employees.
However, if you do it improperly, you could end up costing yourself more money than you’d have spent just hiring someone full-time in the first place!
Here is an ultimate guide on software development outsourcing that you should read before you jump in and sign a contract with a new company.
This guide will help you get the most out of your outsourcing experience and covers almost everything about outsourcing software development, including Software outsourcing benefits, inhouse development vs. outsourcing, Software outsourcing models, Offshore outsourcing, Nearshore outsourcing, and more.Read Now!
It has dramatically pushed humans into a deeper web of internet and technology which has led to much faster adoption and acceptance of software and web applications.Businesses now, more than ever before in our history, understand the value of investing in technological solutions for their survival.Software development has grown exponentially over the last few years and it's not going to slow down any time soon.
If you are a successful software development company owner in the US or UK, you must have seen an unexpected rise in your service and product sales.However, the competition has also grown, and to stay at the top of your game, you must build and deliver innovative software solutions to capture your client’s imagination and crush your competition.But it's definitely a challenge to do so.Getting ahead of the competition To stand out and build your software development company against all odds is hard.
But if you think a little further, you will notice the hidden issues attached to this solution.The unavoidable substantial cost of hiringLocal talent base of developersWeeks, maybe months spent in hiring the right expertWith the above-mentioned factors, the idea of hiring locally doesn't seem that appealing.Another option could be outsourcing to external vendors.
But outsourcing means losing a lot of control over the software development team which might result in low-quality products built by untrained developers which lack client understanding and product vision.The third and most enticing choice is offshoring.
Offshoring brings with it the perfect mix of benefits including low costs, fast scaling, more control over the quality, and increased focus on core expertise.
Hiring offshore developers is the path of minimal risk where you get world-class talent at cost-effective prices and an expert software team that is a valuable addition to your company.Tips to hire offshore software developers for your business To search and hire the best offshore developers in the world, you need a proven process that is put in place for your business to succeed.
The acute shortage of engineering talent, especially in the West, has accelerated globalisation like never before.Businesses are no longer confining their recruitment efforts to hiring only local talent.This has led to the increasing popularity of the concept of building dedicated offshore software development teams with the help of an offshore partner.Who is an offshore partner?Your offshore partner is the company that is responsible for building your development team in a foreign country.They oversee the recruitment process, administrative duties, day-to-day activities, and set up the office space for your team.Building a successful relationship with your offshore teamHowever, building a successful relationship with the offshore company and your distributed team, requires a decent amount of effort, especially if you want the desired results.Here are five effective strategies that you can implement to manage your offshore teams1.
Discuss your goalsYour offshore software development team is not an outsourced team — they are a value-adding extension of your existing workforce.That's why it's important to make them see the bigger picture.If they don’t understand your vision, what you wish to achieve, and where you see your business in the next five or ten years, they simply aren’t going to be invested enough.Talk to your offshore team about your business as a whole, and not just about the product or service that they’re working on.List the business goals that you wish to achieve in the short and long term, and brainstorm with them about how you intend to accomplish them.This allows them to think beyond the scope of a single product or service, and in turn, provide creative and innovative solutions for your business.2.
Avoid micromanagingA survey conducted by Trinity Solutions showed that 71% of employees believed that micromanaging negatively impacts their performance.Given that your offshore team is thousands of miles away from you, it isn’t unnatural to want to monitor their every move.However, if you micromanage them, they will feel like they lack autonomy in their job, in turn leading to lower productivity and a higher employee turnover rate.3.
Have at least one IT specialist on your sideWhile your offshore partner is responsible for building your development team, you still have full control over the IT aspects of your business.And that’s why you need to have a technical lead on your side — a skilled engineer who will act as a bridge between the local and offshore teams.This IT specialist should be someone who has a sound knowledge of the different software you build, the project you’re currently working on, and all the technical responsibilities of your offshore team.4.
Factor in the time differenceDifferences in time zones can sometimes be a challenge when working with distributed teams.However, by using overlapping hours, you can overcome this challenge.Overlap meetings, scrum calls, and weekly catch-up calls to ensure that communication between both teams is not affected because of the time difference.5.
Treat your offshore team as a partnerThe offshore software development company you choose to work with is not a simple service provider — they’re much more than that.If you want to build and maintain a higher level of collaboration, then it’s important to keep aside the hierarchy and treat them as a partner.Similarly, when you treat your offshore software development team as a part of your business, they will go the extra mile for you.Acknowledging the time, efforts, and technical skills that the team puts into building software, spending time with them to get to know them better, and asking them for suggestions on how to build better software can solidify your relationship with your offshore team to a great extent.
