When you start a business or are already running a business, what would be your primary objective? For most of us, it is maximising profits and minimising expenses and losses. Minimising your expenses or rather thinking of different ways by which you can get the best services at a cheaper price thereby even creating job opportunities for people in need is one of the main components of a successful business strategy.
This gave birth to Outsourcing. Outsourcing was a good way to hire a third party's skills for the completion of a project by a business. But soon, outsourcing became a problem because of the low quality result it provided due to the low allocation of funds.
Luckily, there came by another business model similar to outsourcing but with better productivity and profitability to make it easier for businesses or companies. Offshore Development Center, an abbreviation for Offshore Development Centre promises saving of money in lieu of better services.
What is Offshore Development Center?
As the name talks for itself, offshoring is when a company looks out for developers usually in the software or IT section from another country. This is like extending your work team- difference being that this team does not work with you in the same office physically but is rather based in some other part of the world working for you.
Who does an Offshore Development Center team have?
- Software testers
- Developers
- Quality analysts
- Copywriters
- Project managers
- Delivery managers
Now, why would a company look for services outside of its own country? Simple. It saves you a good amount of operational cost as the business hires developers from a country with low cost of living and high quality of talent.
