Offshore Software Development: a Complete Tutorial

Each firm is exceptional in its functioning, aspects, overall performance, targets, and aims. With this specific identity arrives business-specific challenges which requires tailored software, applications, and websites to deal with the aggressive desires of the 21st-century organization. Tons of off-the-shelf software are nowadays offered but mostly they aren’t adequate to fulfill the explicit functional specifications of the business. Offshore software development company is outsourcing tasks to a third-party developer or software agency.

This issue becomes much trickier to tackle for entrepreneurs and beginners who have just started their enterprise and don’t have lots of tools to employ a full-time in-house tech expert. For them, the optimal choice is to outsource software to an IT development company which has a team of professional developers who are proficient to cater demands of unique businesses and industries.

Developers properly know the customized requirements of the customers and know how to add them and offer a custom-built software. From innovative software for huge organizations to basic internet websites for newbies, the programmers understand how to fulfil all. Transferring software creation to a third-party relieves much burden from the customers and they are able to focus more on the creative areas of their businesses.

Variants of outsourcing with regards to the geographical area of the vendor are the following:

Offshore outsourcing – When the office or location of your remote programmer/ growing company is far away from your indegenious corporation and there’s substantial period zone gap then its known as offshore outsourcing.

Nearshore outsourcing – It means that the geographical spot of the software developer/development company you have outsourced is pretty quite to your existing spot and there is a negligible time zone gap.

Onshore outsourcing – When the outsourcing company/developer is in the same nation, in which you are then it’s known as onshore outsourcing.

These terminologies are simply to clear the notion , whereas generally the term “offshore outsourcing” is used for the majority of sorts of development and work achieved by third-party.

Guidelines for Startups

1) Do Your Homework Before Hiring an Offshore Development Team

Selecting the best IT outsourcing company is not like trips to market where you randomly pick anything that’s easily available; it necessitates suitable exploration, knowledge, and evaluation of the offshore developers and offshore development companies considering the fact that thousands of freelancers are outside and each one claiming to be the ideal.

Before you pick any of them for your beneficial IT project, don’t run and evaluate the shortlisted developers/development companies; check their market value and go throughout the individual rankings of programmers, reviews composed on their profile, jump into the projects and history of your vendors and assess customer opinions on their social networking pages.

Gather information regarding their talent group and how much they’re productive in incorporating state-of-the-art technology and tools. Such tiny research can provide you a deep insight about how the IT development company or the group of developers will work, their approach towards their customers and how powerful their remedies are; these will show you the path  to take the correct decision.

2) Learn About The Remote Cooperation Models

A few remote cooperation models come in practice in the tech market nowadays, but the most common encountered ones are, project outsourcing, devoted crew, and elongated team. Before you decide the one for your project, first evaluate the cost composition of each model and examine which model’s cost – to – quality ratio is best for your enterprise. Don’t eliminate the stereotype that high price guarantees high quality; several models simply charge you for the hours a developer spent while some actually pay for the idle period of their developers. So, research your options before taking a choice.

Project outsourcing – The most frequently occurring and the most widely used cooperation model is the project outsourcing; it’s a turnkey solution where the company, to which the job is outsourced, is solely accountable for software development. The customer organisation  doesn’t need to seek in-house tech expertise for managing the development process because the outsourcing company will probably be taking care of all the features of the software creation.

Dedicated team – Usually offshore development companies offer devoted group services alongside project outsourcing. Devoted team model is important for those customers who are enthusiastic in long-term project cooperation because of the extensive workload. Here the vendor company is liable for controlling the technical staff which is necessary to finish  the project and ensure 24/7 function cycle.

Extended team – Extended team is just a refined kind of the devoted team model. Inside this, the vendor company hires exclusive employees for your project according to your specific requirements and demands. In contrast to devoted team, extended team members aren’t the employees of the vendor or from their existing workforce, but they are hired specifically and solely for you.

3) Consider Different Types of Contracts

Various forms of contracts come in clinic nowadays for outsourcing, broadly research them and pick which one suits your project.

Time and Materials

Additionally known as T&M, it’s the popular used contract key in project outsourcing. Within this arrangement, the customer pays only for the hours which were actually allocated on the project.

Pros & Cons: T & M is one of the most elastic models; here the customer retains the hands and is absolutely free to replace features of the project, shift targets or adapt requirements if needed; even if he needs or feel the need of, he can block the growth process at any time or stage of development.

The drawback of this otherwise elastic model is that the customer has very little control over the price and funding of the project neither it can be predicted beforehand. Moreover, as the customer directs the outsourced project, sometimes the companies also charge for the “idle time” their developers spent waiting for the customers suggestion.

This arrangement version is effective for those who expect that their project’s conditions may vary during the evolution approach.

Fixed Price

Fixed price, as its name identifies is really a single-sum deal  and consented, the growth company is bound to finish the job in line with your customers demands in the agreed price and time. Even if they function beyond the deadline to finish the project, they won’t be paid for additional moment.

Pros & Cons: Biggest plus with the agreement is all that the customer is aware of the fee ahead and it won’t arrive as a bad surprise at the end of the undertaking , but all the same for this the customer requirements to be sure and clear about the specifications, needs, and outcomes of the project and should have properly conveyed them to the programmers before enrolling the deal.

This model isn’t elastic like T&M model and varies from the project’s scope or specifications, after the contract has been signed, will be charged additionally. The drawback of this model is that it’s very costly than other models because the vendors are well known of the issues of the development process and the resources it’ll need; therefore they mostly increase the cost up to 30% at the time of signing the contract to avoid risks in the future.

Rate Card

This can be actually a monthly-payment kind of model, in which the software creation provider tells you about the developers who’ll be involved in your job and the amount they monthly charge; you will have to pay the expense on monthly basis.

Pros & Cons: Unlike fixed-price agreement, there are no concealed pitfalls and charges in this agreement and the customer will pay for a month spent entirely on his job. The team of developers work exclusively for single customer and gives their best to the project.

An important pitfall of this model is that you have no idea whether the assigned crew of programmers is suitable for your job or not, in terms of their expertise. Sometimes, the owner doesn’t let you communicate with the developers and you have to convey your needs via the project manager which may cause miscommunication.

Cost+

Cost+ is typically used in the elongated group model and in this contract, the customer merely pays monthly salaries to the programmers but also pay a fixed amount to the vendor for the services it gives which include office infrastructure, taxation,  payroll, workstation and support staff.

Pros & Cons: Often referred as out-staffing, this model is effective because in this the customer holds the entire control of the development process; he interviews the programmers, hire those he finds best for the job and directly communicate with them without a middleman.

But so much control is dicey too because, in case of a tragedy, you can’t blame seller because the responsibility of time, cost, communication, and management depends entirely upon you.

Both Rate card and Cost+ contract models are efficient for those who want to control the funding of even long-term jobs which will need multiple changes with time.

4) Hire an In-House Technical Expert

Communicating with the offshore crew is fairly complicated and sometimes miscommunication halts your job or makes you pay more. So, if you don’t have much time to give to your remote development team or don’t have sound technical knowledge of the job then it’s better to hire a specialist project manager who’ll be responsible for communicating all the technical details to the offshore team and recording the upgrades regarding your job.

5) Establish an Efficient Development Process

Decide characteristics for your target group– Before minding the list of capabilities you need in your software, first, analyze the available software/website/application provided by your competitors. Figure out what’s lacking in them and what additional characteristics you can add to facilitate your clients , expand your target audience, consider their personalized desires and aim to provide a better solution to them as compared to your rivals in the market.

Identify your requirements – You should be magnificent in terms of technologies you need to use for your software; be clear about the specialists you require , e.g, a marketer, a web designer, developer, etc. Choose these before consulting the software development company or discuss your project with them and ask them to give you perfect solution accordingly.

Prepare your objectives – Be specific on your targets , this will help you in establishing priorities and handling job in  a better mean. Furthermore to keep track of your victory and to up the determination level, set metrics which you are intending to accomplish.

Document the product roadmap – Always record the product roadmap, because when you do so and give the crew of programmers access to this roadmap, everyone will stay updated regarding altered aims and the changes job is going through; thus they will work in line with your aims in a better way.

Appoint the product owner – Make one person head of the merchandise to avoid confusion and miscommunication. This one man will carry on all the meetings and communications with stakeholders. He should have in-depth knowledge about your business and should be able to correlate your clients desires  with the project development process.

Communication tools – Pay much attention to the communication tools you’ll be using to connect with your offshore team of developers. Decide beforehand which instant messaging and video-call platforms (Skype, Slack, Hangouts, Google, etc) you’ll be using and which task tracking service (Asana, Trello, Jira, InVision, GSuite, etc) should be availed.

Software development methodology (Agile) – Agile is one of the most effective software development methodologies. It’s ideal if you want to stay updated about the phases of development and remain in contact with the team on regular basis via meetings and artifacts.

6) Build Ties with Your Offshore Team

To repay the geographical distance between you and your remote programmers, start by building cordial ties with them and make them comfortable; this way they’ll work as one integral team in collaboration with your in-house team. Value your team and start by stating “same rules” for all developers (remote and local); this will make your remote team of developers feel respected. Provide your developers with a challenging environment, so that they’ll keep on learning and improving in the entire development process. Moreover, apart from arranging team building events, provide your developers an amicable space to discuss everyday topics too.

7) Give Priority To Communication

Communicate, converse, join– that’s your secret to success when dealing with an offshore development group. The language barrier is the major reason behind miscommunication especially with technical concepts and explanations of ideas; make sure that there is one common language between you and your remote development team to avoid glitches in communication. Make use of the latest messaging apps, these will make communication more efficient and ensure your round the clock availability (or in the pre-decided working hours) to answer queries of your offshore employees and to minimize misunderstandings.

8) Hire a Quality Assurance Engineer

Most beginners are short of funds and usually to manage the costs they skip hiring a Quality Assurance (QA) engineer believing that the developers are talented people and they’ll better check their work themselves. While, the fact is only a QA engineer knows how to test-check your product; he tests the code, figures out the bugs and make the development process more efficient.

If you will keep on going without a QA engineer, the bugs and technical glitches in the product will pile up and eventually you’ll have to spend more time and money to fix them.

Benefits of Offshore Software Development Services

  • Cost and Budget

Outsourcing a remote crew of developers is much more economical than hiring an in-house team and as per demanding quotes , a remote developer will cost you 34% less than your local developer. That’s because mostly the offshore development companies and freelance software programmers are from developing countries like India, Ukraine, Indonesia, etc and therefore they’d cost you much less than your local developer. For example, the average cost of IT outsourcing in India is $18-50 / hour, whereas you’ll have to pay $25 – 250 / hour for similar service in the UK and USA. This is a great cost-effective choice for start-ups who are already running low on funding.

  • Innovation and Quality

Innovation and quality would be the USP of offshore companies; they have groups of highly qualified professionals who are best in meeting your needs and ensuring top-notch final product. Training young professionals and making them as productive as an offshore developer is will be time-consuming or budget-consuming if you’re aiming to hire a mature practitioner.

  • Qualified specialists

Outsourcing gives you a chance to seek the best pool of developers from across the globe. Within your restricted budget range you can get the best experienced and certified developers who are prepared to build up the product just in line with your desires.

  • 24/7 Development Cycle

When you are managing with offshore developers, there is great probability that they will be residing  in an entirely different time zone and naturally will have different working hours; this gap in local and remote working hours can be utilized to make sure 24/7 development cycle. The difference in local days of unique developers residing in different corners of the globe will aid in finishing the project in the least time.

  • Can Focus on The Creative Aspects of The Business

By outsourcing the tough software programming task, you will have more time to spend on core business activities. For start-ups, it’s even more crucial because their business is taking baby steps and require full attention to grow. By sparing yourselves from the development process, you can pay your full attention to the business strategies, its creative aspects, management and implementation of novel ideas.

  • Shared Responsibility

Risk direction to beginners from companies is dicier than it is for established businessmen, especially if the client company is a non-IT company. With outsourcing the risk management and its impact is shared between offshore developers and customers and offshore company will mitigate the risks in a better way because it’s part of their project.

  • No Need for New Infrastructure

Apart from the minimal hiring cost of programmers, outsourcing is proficient in terms of lower operating expenses. You don’t need to rent an office to give working space for the developers, buy equipment and other necessities for software development. The offshore development company will look after all these and eventually will speed-up the development process.

Drawbacks of Availing Offshore Services

  • Communication Barriers

Time-zone gap usually contributes to slower communication and organising meetings with the programmer will be quite complicated as you have to wait for the overlapping hours. Besides, sometimes it results in halting the job for the time being when the developer wants to ask an important question from the customer and have to wait for him to come online.

  • Cultural Differences

Cultural barrier effects when the remote developer lives in entirely different continent than yours, for example, you are in the U.S and the developer is in Asia or UAE, contrary to the situation where the developer will be in Europe or Australia as they’ve almost relatable cultural realities to the U.S. Sometimes language difference create unnecessary barriers and it becomes difficult to properly convince your idea to the programmer.

Best Countries to Outsource Software Development

Following are the top-rated countries for outsourcing software development because of the elite technological services offered by these regions at aggressive prices.

  1. Ukraine (before War)
  2. Poland
  3. Philippines
  4. Brazil
  5. Indonesia

Conclusion

Outsourcing IT-related projects to overseas development organisations is today’s truth; it’s a tried and tested successful model. Availing offshore software development services is trickier and fruitful at the same time. Beginners in the field should do their homework before signing an agreement; they need to be explicit in their needs and after extensively evaluating their shortlisted developers, they should select one. One incorrect decision will cost them a little amount of funding and a huge amount  of time. With the help of a QA engineer and by developing an important development process, they can capitalize on the proficient pool of programmers living in different geographical areas across the globe. 

Meta description: This tutorial shows the complete description about the offshore software development company and is a complete guide for startups.


  • Benefits and Risks of Outsourcing Software Development
  • In-House or Outsourcing – Which is More Effective for Small and Large Businesses?
  • Indian IT Outsourcing Market: Recent Updates
  • Challenges in Software Development Projects
  • IT Outsourcing Market in Baltic Countries
  • Why Israeli Companies Outsource to Ukraine
  • What You Should Know About IT Outsourcing in Czech Republic
  • Bulgaria: Top IT Outsourcing Destination
  • IT Outsourcing Trends in 2019
  • IT Outsourcing Guide: Everything You Wanted To Know About Distant Software Development
  • Top IT Outsourcing Destinations: the Philippines vs. Ukraine
  • IT Outsourcing to Asia

The Ukrainian firms have headquarters in the country’s biggest cities — Kyiv, Lviv, Kharkiv, and Dnipro. They are SteelKiwi, CiklumInfopulseMiratech, Softengi, ELEKS, Intellias, N-iXSigma SoftwareProgram-AceSoftServe, and AMC Bridge.

Outsourcing administrative services: 5 Reasons

Virtual assistants are the most sought-after subcategory of administrative support. As more companies realize the advantages of virtual assistants, they are increasingly in demand. You don’t have to sign contracts – if they fail, you can simply terminate them.

Virtual assistants today are smart, skilled, and able multitask. Virtual assistants can take over your business’ administrative functions so you can focus on what you love: selling your products or services, handling accounting reconciliations, managing staff and so forth. Virtual assistant associations exist in certain parts of the globe. There are many of them.

The International Virtual Assistants Association is one such organization. A virtual assistant is an independent worker who offers remote support for admin tasks or niche services. Remote support can be provided via the Internet using a telephone, fax machine or other means.

Other apps like Skype, MSN messaging and Google chat have provided tremendous support to clients and virtual assistants, allowing them to communicate with one another without worrying about long distance charges.

Virtual assistants are available to work a day or only during peak season depending on the needs of the business. Some have been indispensable and are now full-time virtual assistants for their employer. They have complete flexibility because they work remotely.

Virtual assistants can work independently or as part of a group. They work together to create a Manpower type organization. This group consists of temporary workers who are waiting to be assigned to clients and are classified based on their skills. They may also be eligible for fringe benefits if they work in a larger company.

1. Why outsource your administrative support tasks?

Reason #1: Organization

Virtual assistants can help you organize your business in many different ways than you might think. Entrepreneurs like yourself have more important tasks than just cleaning out their mailing lists, researching, and typing.

Reason #2: Reminders

Virtual assistants can help you “rein” yourself in, especially if your priorities are jumbled, you miss important dates, or you pay bills late.

You will need a “calendar boy” to inform you that it’s time to call a customer, talk to a supplier and order party tables for your daughter’s 10th Birthday bash.

Reason #3: Customer support

Your virtual assistant could also serve as your customer’s go-to person. Your virtual assistant can help you deal with your customers’ concerns.

Reason #4: Versatility

Your virtual assistant can do more than just office/admin tasks. They can also perform routine marketing tasks if they are a versatile worker. Your virtual assistant can also take over tasks such as sending auto-responders out to subscribers to your email course.

Reason #5: Writing Services

Do you need copywriting services for your business? Virtual assistants are able to write. This is a huge advantage for businesses that grow and have increased needs.

2. Other administrative support tasks that can be outsourced

Virtual assistants are not the only type of administrative support specialist. Other roles are equally valuable for business owners.

These include:

  • Bookkeeping and accounting
  • Data entry and processing
  • Email response handling
  • Processing of orders
  • Telemarketing
  • Planning for events and travel

These services can be easily outsourced to freelancers online. This can help you save time and money as well as diversify your talent pool. Full-time and part-time jobs are available. You also have the option to hire on-demand. Freelancers only need to pay for work completed successfully or documented hours. You don’t have to pay for vacation, downtime, or other benefits.

You should consider outsourcing these roles to someone who is a specialist in each of these areas. These roles can be done by one person, but not all. This can lead to errors, excessive work and poor customer service. A specialist can perform all of your tasks, increasing your quality, allowing you to spend more time on other work, preventing mistakes and diversifying your business’ talent pool.

3. What should I expect from my provider?

You must first decide which type of provider you require. This will allow you to determine the skills that they need to contribute to your business. Some outsourcers require an administrative assistant, while others may need someone to do a specific task.

You want someone who is able to do everything. You want your assistant to be able to concentrate on one task. Make sure you are clear about it.

4. Communicate often

It is possible to create a virtual office environment, where your assistant can be found outside of your office and is available for communication throughout the day.

Your provider should have certain key skills and qualities to ensure smooth outsourcing. These qualities are applicable to all types of administrative support. Referrals and profiles can help you verify their qualifications.

These are the skills and qualities:

  • Technology and equipment
  • Language skills
  • Available
  • Professionalism
  • Trust

1. Technology and equipment

Before they can work with you, your provider should have access their own tools and technology. This includes internet, computer software, paper products, and computers. These business expenses are included in their hourly or fixed rate. Be careful when a provider asks for payment for their internet, hardware or software subscriptions.

2. Language skills

Administrative support tasks require communication. Many of these jobs require frequent communication between you and your provider. Some even involve customers. It is important to make sure that your provider can speak any language that is frequently used in these tasks. Fluency can be verified by asking for a sample of writing or looking at their profile online for language tests and certificates.

3. Available

Before you start working with someone, ensure you know when you will need their services. It is not a good idea to start a project only to find out that your freelancer is not available when you need them. It is important to clearly define the services you require, what frequency, and when your provider will be available to meet with you, update you, or do general correspondence.

Make sure you are clear about what services you require, how often you need them, and when your freelancer will be available to meet with you.

4. Professionalism

Professionalism is essential for any position. Professionals are punctual, reliable, and aware of their role in your company. This is what they do every day, at work and out of it.

Professionals are respectful of confidentiality rights and do not share company secrets or cross borders. Asking a former employer for information about the provider’s performance and conduct can help you verify their professionalism.

5. Trust

When outsourcing online projects are being done for the first time, business owners often raise trust concerns. Because administrative support positions deal with customer data and financial information, these concerns can be magnified. They also require access to credit cards or other payment methods.

Although it is easy to understand why someone might distrust a freelancer that they met online, the truth is that there are the same risks when hiring employees in-house. Use confidentiality agreements and other contracts to ensure your safety and security.

You should consider retaining a virtual assistant who meets your needs on a permanent basis. This will allow you to save time by explaining your business and how you want it to run. It also allows you to provide training on any software or forms that you use regularly.

Summary

Every business needs administrative support such as event planning, data entry, accounting and data entry. These tasks can be outsourced to freelancers online to save time and money. It can also diversify your business and give you access to experts in all areas. A virtual assistant can help you increase productivity and reduce the likelihood that you forget important meetings and events.

Look for certain qualities in outsourced providers, such as professionalism, availability, language skills. You might also consider implementing contracts on your outsourced projects.

The Ups and Downs of Software Outsourcing for your Startup

Do you know what takes up a lot, if not most, of the time and resources of a startup company? Getting the business off the ground and then managing to keep it afloat. Unfortunately, most startup companies are scarce in resources, making this an extenuating task. Proof? Well, approximately only 1% of new businesses are successful in raising money from investors.  

So, you have a great product idea that requires perfect execution. How can you make the most of your few resources and still reach your short-term and long-term goals? Software development outsourcing is a tangible way to get more business opportunities and value for your money. This is especially good for new businesses since budgets are tighter, and making every dollar count is essential. 

With most startups looking for ways to stay nimble and lower costs, outsourcing software development services have become the answer. Luckily, it’s easier to access quality custom software development services nowadays. No wonder many believe the software developer role will be the first genuinely global role—and we agree.  

These are the ups and downs of software development outsourcing, so buckle up! 

The Ups

  1. Cost efficiencies. Every business wants to save money. If you outsource development, you ensure a dedicated team looks after your project, helping you release products on time and focus on the whole business instead of putting all your time, effort, and resources into developing software.
  2. Aligned vision. Startup businesses depend a lot on how well their first few months go. By hiring the right software outsourcing company, you will work with a strong development team that will commit to and aligns with your vision, taking it upon themselves to improve the brand and product/service offering. 
  3. Rapid development. If a dedicated provider takes care of all your software development needs, you can focus on your business’s main tasks instead of getting bogged down in technical details. A trustworthy partner will offer software development services that cover the whole process, from designing and programming to launching and providing support. 
  4. Scalability and flexibility. Most software outsourcing companies offer startups ways to work with them that are very flexible and scalable. This helps you get a good idea of costs before the process starts, and you can change the different factors that affect costs to control them. Need more developers? No problem. Need to scale down on developers and add testers? All good! You choose what’s right for you. 

The Downs

  1. Gaps in Communication and Collaboration. As a startup owner, the software product development company you outsource to is likely in a different country or time zone. Ineffective communication and teamwork make it harder to cross physical distances. Work schedule differences can slow development, and the risk only increases if you don’t choose an open-and-understanding companion. Don’t forget to put a lot of effort into selecting the right provider and setting up the right ways to communicate and work together.
  2. Spiraling out of Control. Owners are attached to their products, so delegating and handing up control can be tricky. This is a genuine concern when strategy alignment is missing between the client and the software outsourcing provider. We recommend doing your homework while choosing the right vendor you’ll trust.

Weighing the ups and downs, the decision lies in your hands. There are plenty of good things that come from outsourcing software development services, but you must choose your partner carefully to minimize the risks. Who you choose to help you accomplish your goals will be fundamental to the success of your endeavor, so don’t be afraid to shop around and find the vendor that offers you the right outsourcing and engagement model for you.

For instance, if you are searching for a partner with impressive history of successful projects, Svitla Systems has nearly two decades of expertise offering top-tier developers and other IT pros for your software projects, and flexible and comprehensive engagement models for software outsourcing, allowing us to meet the varying needs of businesses in a wide variety of industries. 

The foundation of these engagement models is a detailed account of the work performed to fulfill the requirements of the customer and bring their vision to fruition.

The Complete Guide to Writing a Successful Fintech Software Development Proposal

Engineers who specialize in fintech software design, maintain, and update products with a financial element.

Fintech developers are skilled in web & mobile development, as well as cutting-edge technologies like DevOps, cloud computing, AI, IoT or blockchain development.

Introduction: What is a Software Development Proposal?

A software development proposal is a document that is submitted to a client in order to obtain funding for a project. It includes the following information:

  • A summary of the proposed project
  • The cost and timeline
  • The risks and potential benefits
  • The team that will be working on the project
  • A detailed description of how the project will be completed

Step-by-step Guide to Writing a Winning Fintech Software Development Proposal

How to Write an Outstanding Cover Letter for Your Financial/Fintech Software Development Proposal

Your cover letter is your first chance to make a good impression and convince the recruiter to read your proposal.

A cover letter is a one-page document that introduces you and your skills to the reader. It should be concise, well-written, and professional. The following tips will help you create an outstanding cover letter for your fintech software development:

  1. Remember that it is not about you – it’s about the company and what they are looking for in a candidate.
  2. Keep it short.
  3. Focus on skills that are relevant to the position.
  4. Show how you can benefit the company and why they should consider hiring you over other candidates.

If you are making an offer and a letter for the first time, it is better to use a agreement checklist from some developer company. Ask for a software development agreement checklist so that it becomes your foundation and helps in the process of making a proposal.

How To Tackle The Project Scope of Your Tender

A project scope is the total work required to complete a project. It includes the end product and all of the activities that need to be done in order to achieve it.

A software development tender can be defined as an invitation for bids for a software development project. The scope of work will include what is needed to be developed, how much it should cost, and how long it should take.

It is important that you have a clear understanding of everything that needs to be done before you start bidding on a tender. Secondly, the features and functionality you want to develop and integrate into your app will also affect fintech development app estimate.

What are the Best Practices in Writing the Technical Specification Document?

The technical specification document is a document that describes the technical requirements of a product. It is created before the design phase and it can be used to communicate with vendors. It should be written in such a way that it is easy for the vendor to understand. The following are some best practices in writing the technical specification document:

  1. The document should include all aspects of the product, including its design, performance, and functionality.
  2. The language used in the document should be simple and clear to avoid confusion or misunderstanding on behalf of the reader.
  3. The specification should include only those requirements that are necessary for designing or manufacturing the product.
  4. It is important to keep in mind that there may be multiple stakeholders who will read this document so it has to be written

The Importance of Creating a Unique Software Development Proposal in the Financial Industry

In order to create a good fintech software proposal, it is important to have a clear understanding of the project that you are proposing. You need to understand the product and its features, as well as the target market.

The introduction should be short and concise. It should mention what the section is about, provide keywords for the reader, and a brief introduction on why this topic is important.

Stage 1: Identify the Problem & Structure the Solution

The first step in problem-solving is to identify the problem. The second step is to structure the solution.

Identifying the problem: Identifying the problem can be done by asking a variety of questions, such as what is wrong? Why does it happen? What are the effects of not fixing this issue? What will happen if it continues? These questions help identify and clarify what needs to be solved.

Structuring a solution: A solution can be structured by dividing a large task into smaller tasks, which are then given an estimated time frame for completion.

Stage 2: Compose the Business Case and Value Proposition

This section is all about positioning and marketing strategy. The positioning strategy is the way in which you position your product or service. It is important to think about this before you start marketing your product or service so that you can decide what kind of audience you want to target.

The marketing strategy is the plan for how you will market your product or service in order to attract potential customers. This section will help you with the research, planning, and execution of a marketing campaign that will increase awareness of your company and its offerings.

Stage 3: Seek Client Input & Develop Strategy

This stage is the most crucial in the SDLC. It is where all of the planning and requirements gathering take place. The stage includes four main tasks:

  • Gathering Requirements
  • Developing a Strategy
  • Evaluating Alternatives
  • Reviewing Deliverables

It is also important to note that this stage does not end when an application has been released to production. It continues through the entire life cycle of the application.

Stage 4. Execute and Deliver with Quality Work Product

Stage 4 is where the software development process ends and the software product is delivered. This stage is about delivering high-quality work products to customers, stakeholders, and other interested parties.

The quality of a software product can be measured in many ways – from how much it costs to how well it meets customer needs. The best-in-class software development process ensures that all stakeholders are satisfied with the final product.

Is outsourcing fintech software development a good idea?

If you are looking for expert, cost-efficient and reliable Fintech product development, outsourcing software development can be a great option. Relevant offers extensive cybersecurity and NDA/SLA agreements that cover sensitive data handling.

Which technologies are used for fintech development?

Java, Python and.Net are the most popular programming languages for Fintech software development. The most popular languages in blockchain projects are Java, Python, Java (Ruby on Rails), Scala and C ++. Developers prefer the Solidity language (for Ethereum platform) to develop smart contracts.

What’s the future for fintech?

Implementing agile technologies and improving data security policies are key to fintech’s future. It is vital to meet the needs of tech-savvy customers in the digital age and keep up with technological advances in order to stay competitive.

Blockchain technology is the future of fintech. It offers transparency and trust, which reduces transaction times. Blockchain technology allows banks and fintech companies collaborate in sharing resources and makes it easier for them to stay ahead of the changing world.

The Lost Secret of IT Outsource

Details of Outsource

Outsourcing doesn’t necessarily compromise quality. It is one of the most efficient ways to save cost. It requires constant monitoring, managing, and measuring to ensure the process is cost effective. It has been the cause of much debate in recent times. Outsourcing to a different business or agency can help in many ways.

The Nuiances of Outsource

Outsourcing takes place when a company or individual hires another company to supply services that may otherwise be done by in-house employees. It is also used if a certain company or individual has the inability to perform a specific task and get the result they want. It can provide you access to a need that is not available at a local level. It can simply be defined as the continuous out-tasking of a specific part of your business process. Outsourcing, also called offshoring” when referring to overseas workforces, is normally known as the custom of transferring jobs to other nations in an attempt to lessen company labor expenses.

Today, firms are now hiring different companies in different countries to do their enterprise marketing or part of their company. It is essential that each person or company closely assess their needs to learn if outsourcing is a practical option which is going to be beneficial for the very long term success of the business. The company that provides offshore outsourcing services will do the company procedure or part of the company practice.

Outsourcing Python Development

Python is a general-purpose, high-level programming language that can be interpreted. Its design philosophy emphasizes code readingability and the use of significant indentation.

Python can be dynamically typed and garbage collected. It supports many programming paradigms including object-oriented, structured and procedural programming. Because of its extensive standard library, it is often called a “batteries-included” language.

https://en.wikipedia.org/wiki/Python_(programming_language)

What is Outsource Python Development?

Outsourced Python Development is a process of developing software using Python and other related technologies. The process is outsourced to a company or an individual who has the required knowledge and experience in the field.

There are many benefits of outsourcing your project to an experienced developer, such as –

  • – Save time: By outsourcing your project, you save time by not having to do the coding yourself.
  • – Get better quality: You get better quality because you can hire someone who specializes in this field and knows what they are doing.
  • – Get more flexibility: You have more flexibility with outsourced development because you can work with someone on a part-time basis or hire someone for just one specific task.
  • – Get help when you need it: When your business needs some extra hands

Why Python?

Benefits of Outsourcing Python Development to IT Experts

Outsourcing your python development to IT experts can be a great option for startups and small businesses. You get the benefits of having a dedicated team that will work with you on your project.

The benefits of outsourcing your Python development to an IT expert are:

  • – Dedicated team who will work with you on your project
  • – Cost efficient
  • – Faster delivery time

How to Find the Best Freelance Developers for Your Project?

One of the most effective ways of finding a freelance developer is to use online platforms. Platforms like Upwork, Freelancer, and Clutch provide a space for hiring freelancers from all over the world. These platforms have a wide range of freelance developers for hire and you can find one who matches your requirements.

These freelance developers for hire might be more expensive than other options but they provide better quality work. The platform provides an opportunity to get feedback on the work done by developers so that you can avoid getting scammed.

My own list of good Python Developers:

  • https://www.altamira.ai/
  • https://www.fiverr.com/categories/programming-tech/buy/web-programming-services/python
  • https://www.n-ix.com/python-development/

4 Tips for Negotiating Your Outsource Python Programming Fees

  1. Understand the scope of the project
  2. Prepare a detailed proposal
  3. Get a quote from at least 3 developers/teams
  4. Negotiate your rates and terms

Conclusion:

Why Should You Outsource Python Development and Mobile App Projects To Experts?

Outsourcing python development and mobile app projects to experts has become a norm in the IT industry. This is because the demand for these services has increased tremendously in recent years.

There are many reasons why you should outsource your python development and mobile app projects to experts. These include:

  • Expertise: A developer that specializes in python or mobile app development will be more skilled than someone who doesn’t know anything about it.
  • Speed: When you outsource your project, you can get it done faster than if you do it yourself.
  • Cost: It is much cheaper to hire an expert than to hire multiple people on your own team.

5 Reasons You Should Outsource Admin Support

Virtual assistants are the most sought-after subcategory of administrative support. As more companies realize the advantages of virtual assistants, they are increasingly in demand. You don’t have to sign contracts – if they fail, you can simply terminate them.

Virtual assistants today are smart, skilled, and able multitask. Virtual assistants can take over your business’ administrative functions so you can focus on what you love: selling your products or services, managing your staff and accounting, reconciliation, and marketing. Virtual assistant associations exist in certain parts of the globe. There are many of them.

The International Virtual Assistants Association is one such organization. A virtual assistant is an independent worker who offers remote support for admin tasks or niche services. Remote support can be provided via the Internet using a telephone, fax machine or other means.

Other apps like Skype, MSN messaging and Google chat have provided tremendous support to clients and virtual assistants, allowing them to communicate with one another without worrying about long distance charges.

Virtual assistants are available to work a day or only during peak season depending on the needs of the business. Some have been indispensable and are now full-time virtual assistants for their employer. They have complete flexibility because they work remotely.

Virtual assistants can work independently or as part of a group. They work together to create a Manpower type organization. This group consists of temporary workers who are waiting to be assigned to clients and are classified based on their skills. They may also be eligible for fringe benefits if they work in a larger company.

1. Why outsource your administrative support tasks?

Reason #1: Organization

Virtual assistants can help you organize your business in many different ways than you might think. Entrepreneurs like yourself have more important tasks than just cleaning out their mailing lists, researching, and typing.

Reason #2: Reminders

Virtual assistants can help you “rein” yourself in, especially if your priorities are jumbled, you miss important dates, or you pay your bills late.

You will need a “calendar boy” to inform you that it’s time to call a customer, talk to a supplier and order party tables for your daughter’s 10th Birthday bash.

Reason #3: Customer support

Your virtual assistant could also serve as your customer’s go-to person. Your virtual assistant can help you deal with your customers’ concerns.

Reason #4: Versatility

Your virtual assistant can do more than just office/admin tasks. They can also perform routine marketing tasks if they are a versatile worker. Your virtual assistant can also take over tasks such as sending auto-responders out to subscribers to your email course.

Reason #5: Writing Services

Do you need copywriting services for your business? Virtual assistants are able to write. This is a huge advantage for businesses that grow and have increased needs.

2. Other administrative support tasks that can be outsourced

Virtual assistants are not the only type administrative support specialist. Other roles are equally valuable for business owners.

These include:

  • Bookkeeping and accounting
  • Data entry and processing
  • Email response handling
  • Processing of orders
  • Telemarketing
  • Planning for events and travel

These services can be easily outsourced to freelancers online. This can help you save time and money as well as diversify your talent pool. Full-time and part-time jobs are available. You also have the option to hire on an as-needed basis. Freelancers only need to pay for work completed successfully or documented hours. You don’t have to pay for vacation, downtime, or other benefits.

You should consider outsourcing these tasks online if you don’t have the expertise to do each task. These roles can be done by one person, but not all. This can lead to errors, excessive work and lower quality services to customers. A specialist can perform all of your tasks, increasing your quality, allowing you to spend more time on other work, preventing mistakes and diversifying your business’ talent pool.

3. What should I expect from my provider?

You must first decide which type of provider you require. This will allow you to determine the skills that they need to contribute to your business. Some outsourcers require an administrative assistant, while others may need an assistant for a specific task.

You want someone who is able to do everything. You want your assistant to be able to concentrate on one task. Make sure you are clear about it.

4. Communicate often

It is possible to create a virtual office environment, where your assistant can be found outside of your office and is available for communication throughout the day.

Your provider should have certain key skills and qualities to ensure smooth outsourcing. These qualities are applicable to all types of administrative support. Referrals and profiles can help you verify their qualifications.

These are the skills and qualities:

  • 1Technology and equipment
  • 2Language skills
  • 3Available
  • 4Professionalism
  • 5Trust

1. Technology and equipment

Before they can work with you, your provider should have access their own tools and technology. This includes internet, computer software, paper products, and computers. These business expenses are included in their hourly or fixed rate. Be careful when a provider asks for payment for their internet, hardware or software subscriptions.

2. Language skills

Administrative support tasks require communication. Many of these jobs require frequent communication between you and your provider. Some even involve customers. It is important to make sure that your provider can speak any language that is frequently used in these tasks. Fluency can be verified by asking for a sample of writing or looking at their profile online for language tests and certificates.

3. Available

Before you start working with someone, ensure you know when you will need their services. It is not a good idea to start a project only to find out that your freelancer isn’t available when you need them. It is important to clearly define the services you require, what frequency, and when your provider will be available for you to meet, update, or simply correspond with you.

4. Professionalism

Professionalism is essential for any position. Professionals are punctual, reliable, and aware of their role in your company. This is what they do every day, at work and out of it.

Professionals are respectful of confidentiality rights and do not share company secrets or cross borders. Asking a former employer for information about the provider’s performance and conduct can help you verify their professionalism.

5. Trust

When outsourcing online projects are being done for the first time, business owners often raise trust concerns. Because administrative support positions deal with customer data and financial information, these concerns can be magnified. They also require access to credit cards or other payment methods.

Although it is easy to understand why someone might distrust a freelancer that they met online, the truth is that there are the same risks when hiring employees in-house. Use confidentiality agreements and other contracts to ensure your safety and security.

You should consider retaining a virtual assistant that meets your needs on a permanent basis if you find one. This will allow you to save time by explaining your business and how you want it to run. It also allows you to provide training on any software or forms that you use regularly.

Summary

Every business needs administrative support such as event planning, data entry, accounting and data entry. These tasks can be outsourced to freelancers online to save time and money. It can also diversify your business and give you access to experts in all areas. A virtual assistant can help you increase productivity and reduce the likelihood that you forget important meetings and events.

How to Find the Best Software Development Outsourcing Companies?

Why Outsource Software Development to a Company?

Outsourcing software development is an effective way to get the work done. It saves you time and money. You are not only saving on the cost of hiring developers, but you are also saving on the time it takes to find, hire, and train them.

There are many benefits to outsourcing software development with IDAP. It can be a great way for companies to save money while still getting high-quality work done.

The Benefits of Outsourcing Software Development

Outsourcing software development is the process of finding a company with the necessary skills to develop your software. This is usually done to reduce costs, save time or to find developers who are better suited for the project. Outsourcing software development has its benefits and drawbacks.

The benefits of outsourcing software development are many. The cost of outsourcing is cheaper than hiring in-house developers, which saves you money in the long run. You can also hire developers who specialize in certain fields, which can lead to better quality work because they know what they’re doing. Time spent on developing your product can be reduced by outsourcing because you don’t have to spend time on recruiting and training new employees, instead focusing on other aspects of your business that need attention.

Introduction: How Do Software Development Outsourcing Companies Work?

Software development outsourcing is a process of outsourcing the software development needs to third-party companies with expertise in that area.

Software development outsourcing can be done on a project-based or a time and materials basis. In the former, the client hires an outside company to develop software for them. In the latter, the client pays an outside company for their services based on how much time they spend working with the client.

The process of finding and selecting a software development company can be difficult because there are so many variables to consider, such as cost, location, size, and specialization.

Steps for finding the best outsourced software developers in your niche

Source Devox

Outsourced software development is a process where a company outsources the development of its software to a third-party vendor. Outsourcing software developers has been one of the best ways to keep costs low and maintain quality standards.

In this article, we will talk about how you can find the best outsourced software developers in your niche.

There are many top 5 outsourcing companies that you can choose from, but it is important that you take into account their reputation and experience before making a decision.

Best Software Development Outsourcing Companies

  1. IDAP is a full-cycle software development company specializing in the most premium mobile and web-based solutions.
  2. Anadea is a custom software development company specializing in web and mobile solutions for business automation.
  3. Innovecs: Recognized software development company for those who are looking for premium outsourcing software services in USA, Europe, Israel, and Australia.
  4. Eleken is a design partner for SaaS businesses. We provide the best design talent to create world-class digital products.
  5. Intellectsoft – a digital transformation consultancy and engineering company that delivers cutting edge solutions for global organisations and technology startups.

The advantages of hiring an outsourced development team versus hiring in-house engineers

Outsourcing development teams can be a good solution for companies that need to hire in-house engineers. They can provide an alternative to hiring expensive talent and could help you save money.

There are many benefits of using an outsourcing company, including:

  • lower costs
  • more time for your own business
  • less risk of losing top talent
  • access to a wider pool of developers

The disadvantages of hiring an outsourced development team versus hiring in-house engineers

Outsourcing companies are not always the best option for small- to medium-sized businesses. They are often more expensive than hiring in-house engineers. They also often lack the specific expertise that a company may need.

Hiring an outsourced development team is not always the best option for small- to medium-sized businesses. While outsourcing companies are often cheaper than hiring in-house engineers, they can be more expensive depending on what type of work is required and where it’s being done. Outsourcing companies also lack the specific expertise that a company may need.

How To Choose the Right Outsourced Software Development Company for Your Project Needs?

When it comes to outsourcing software development, there are a lot of things that you need to keep in mind such as the cost of the service, the quality of the service and also how they communicate with you.

Why Outsource Your Next Project Instead of Hiring in-house Staff?

Outsourcing can help you to get your project done with a lower budget. You can also get the best-suited team for the job by outsourcing to a company that specializes in your industry. There are many benefits of outsourcing and it is something that you should consider for your next project.

Outsourcing is a good option for many businesses, and it’s something that they should consider when looking for new projects.

TOP 3 Software Outsourcing Best Practices and What You Can Learn From It

What is Outsourcing in Software Development?

Outsourcing is a process of contracting out the development of software to an external software outsourcing company.

Outsourcing has been around for quite some time now and continues to grow in popularity. There are many reasons why companies may decide to outsource their software development, with the most common one being that they don’t have enough in-house resources to develop their software, or they simply want to save money by not hiring full-time employees.

Outsourcing software development is a way for companies who may not have the necessary skillsets on their own staff, or who are looking for a more cost-effective alternative, to get their desired product developed without having to invest heavily in resources on staff.

There are three primary types of outsourcing models:

  • Team augmentation – You can have developers from the outsourcing provider on board if you need support or a timely solution to a problem. The overall project development and management is still your duty, but you can get temporary expertise fast when needed.
  • Managed Team – You and an external provider share ownership and responsibility for the development project. We agree on who has which responsibilities.
  • Project-based model Your outsourcing partner will complete your projects according to your specifications, and take control of the project from start to finish.

Your choice of mode should depend on the project and how much control you want to give over to your external provider.

The 4 Major Benefits of Outsourcing Software Development

A software outsourcing company is a great way to boost the productivity of your business. Not only does it allow you to focus on what you do best, but it also helps you save money and time.

There are four major benefits of outsourcing software development:

  1. It saves money and boosts productivity.
  2. It allows businesses to focus on what they do best.
  3. It facilitates better communication between clients and developers.
  4. It allows for better quality work to be done by developers who specialize in that area of expertise.

Best Practices for Successful Software Development Outsourcing

Outsourcing software development is a great way to reduce the costs and time associated with developing software. However, it can be difficult to find an outsourcer that is a good fit for your company. There are many different factors that need to be considered before outsourcing your software development. To help you find the best outsourcer, below are some of the best practices for successful outsourcing of software development.

Remember, you’re dealing with people. So a little flexibility is necessary. It is important to set realistic goals. It is impossible to manage a large project that involves multiple complicated parts, and only give it a limited timeframe. It can lead to unusable or incomplete software. You should also plan for the unexpected and allocate resources. It’s better to have than not to need, rather than to be lacking.

However, this does not mean that you should be lazy about setting goals and expectations. You can achieve great results by applying a little pressure. To achieve the best results, it is important to know when and how to apply pressure.

Tips to Ensure a Positive Experience with Software Outsourcing

Software outsourcing is one of the most popular ways to boost your business. It is a cost-effective way to outsource software development, IT services and other technical requirements.

However, there are some mistakes that can be made when outsourcing software projects. These mistakes can have a negative impact on the project and make it unsuccessful.

Here are five tips that will help you avoid these mistakes:

  • Do not underestimate the importance of communication: Communication is key to any successful project. You should ensure that you are always in touch with your outsourced vendor, so they know what you need from them and their responsibilities. The more open and honest you are with your vendor, the more likely they will provide a good service for you.
  • Be clear about what is expected: You should be as clear in your expectations of your outsourced vendor as possible.
    For example, you should make sure that you outline exactly what is and isn’t expected from their service. If a project has a certain deadline and there is no communication about the deadline, it can delay progress significantly.

Conclusion

Although it might take some time to find the right match, your business will be able to grow and expand in new ways. This arrangement can have a profound impact on your business. It is important to take the right steps.

It is not an easy task to form a partnership with a team of software developers. This should be taken seriously. The above steps will help you to achieve seamless cooperation.

Data Entry Process Outsourcing: Step-By-Step Guide

Outsourcing your data entry can be a great way to save time and energy while still getting the job done accurately and efficiently. But before you jump in and start working with a company, there are a few things you need to do to make sure the process goes as smoothly as possible.

In this guide, we’ll walk you through outsourcing your data entry, from finding the right company to work with to making sure everything runs smoothly once the transfer is complete.

So whether you’re just getting started or looking for ways to improve your current process, read on for helpful tips and advice!

What is Data Entry and Why Do it Yourself?

Data entry is the process of inputting data into a computer system or database. This can be done manually by typing information into a form or spreadsheet or automatically using scanners or other devices that read and convert physical data into digital form.

Data entry is often used to create records of customer transactions, inventory levels, employee information, and more.

It is vital to Record Keeping of Customer Identity and Transactions necessary to comply with the Anti-Money Laundering rules & regulations. Firms required to abide by the rules must keep records to help deter money laundering activities.

There are many reasons why you might choose to outsource your data entry rather than doing it yourself. Maybe you don’t have the time or staff to handle it all in-house. Or perhaps you want to free up your employees’ time so they can focus on other tasks.

Outsourcing can also save you money since you won’t need to purchase expensive software or hardware, and you won’t have to pay for employee training.

Whatever your reasons, there are a few things you need to keep in mind before you start working with a data entry outsourcing company. Below, we’ll walk you through the entire process, from finding the right company to work with to make sure your data is transferred safely and securely.

Step 1: Find the Right Company

When it comes to finding data entry outsourcing services, you have a few different options. You can search online, ask for recommendations from friends or business associates, or contact a professional association or trade group. Once you’ve compiled a list of potential companies, it’s time to start doing your research.

First, take a look at the company’s website. Does it look professional? Are there any spelling or grammatical errors? These may seem like small things, but they can indicate a company that doesn’t pay attention to detail – and that’s not what you want when it comes to your data.

Next, read through any online reviews you can find. What do other customers say about the company’s service? Are they happy with the results? If you can’t find any reviews, try reaching out to the company directly and asking for references.

Finally, make sure you understand the company’s pricing structure. Some data entry outsourcing companies charge by the hour, while others charge by the project. There may also be additional costs like rush orders or special formatting requests. Be sure you understand all the potential costs before making your final decision.

Step 2: Prepare Your Data

Once you’ve chosen a data entry outsourcing company, it’s time to start preparing your data for transfer. This process will vary depending on the type of data you’re working with and how it’s currently stored.

If you have paper records, start by scanning them into digital form. You can do this yourself with a scanner or all-in-one printer or hire a professional scanning service. Save your documents as PDFs or image files once your documents are in digital form.

If possible, use optical character recognition (OCR) software to convert the PDFs into text files that can be edited. This will make the data entry process much faster and easier.

If you already have digital records, look at how they’re currently stored. Are they in a database? A spreadsheet? Or are they just lost files on your computer? If they’re not already organized in an easily accessible format, take some time to do that now. It will make the data entry process much simpler.

Step 3: Transfer Your Data

Now it’s time to transfer your data to the data entry outsourcing company. This should be a relatively easy process if you’ve done your preparation work.

First, decide how you want to send the files – by email, through a file-sharing service, or on a physical storage device like a USB drive.

Once you’ve decided on a method, send the files to the company. If you’re sending sensitive or confidential data, encrypt the files before transferring them.

Step 4: Check-In With the Company

After you’ve transferred your data, it’s essential to stay in touch with the company to ensure everything is going smoothly. Ask for regular progress reports to see how much work has been completed and what remains to be done. If you have any questions or concerns, don’t hesitate to reach out to the company directly.

It would be best if you also planned to review the finished product before it’s delivered to you. This will allow you to catch any errors or ensure the data is formatted correctly.

You can outsource your data entry process with confidence by following these steps. With a bit of preparation and the right team in place, you can get the job done quickly and efficiently – freeing up your time to focus on more important things.

3 Tips for Making the Most of Your Data Entry Outsourcing Experience

When you outsource your data entry, you can do a few things to ensure the process goes as smoothly as possible.

First, be clear about your expectations from the start. What kind of turnaround time do you need? What format do you want the data in? Are there any special instructions or requirements you need the team to follow? By being clear about your expectations from the beginning, you can avoid misunderstandings and delays further down the line.

Next, make sure you provide high-quality data. This may seem obvious, but it’s crucial – if the data you provide is incomplete or inaccurate, it will only slow down the process and lead to errors. So take some time to double-check your records before you send them off.

Finally, stay in touch with the team throughout the process. Check-in regularly to see how things are going and answer any questions. By staying involved, you can help ensure a successful outcome.

Wrapping Up

Outsourcing your data entry can be a great way to save time and improve efficiency. By following the steps in this guide, you can find the right company to work with, prepare your data, and transfer it smoothly.

And by keeping a few things in mind, you can make sure the process goes as smoothly as possible. So if you’re looking for a way to streamline your workflows, outsourcing your data entry is worth considering.

The Characteristics of Outsource

Outsourcing typically costs more than in case the work was done in-house since you’re paying some `fixed expenses and profit’ dollars as a piece of the charge to do the job. It can be a very polarizing topic within an organization. It occurs when a company or individual hires another company to provide services that might otherwise be performed by in-house employees.

The Do’s and Don’ts of Outsource

Outsourcing is essential as you will be working with people that are experienced, therefore, they will make improvements based on their previous experiences. It is important because your company may only require your creative work from time to time. It helps you generate new ideas. It does not always compromise quality. If yes, it may be the correct solution. It is one of the most reliable solutions for the substantial growth of your business. It is important because it improves the company focus because different companies work differently.

There are lots of approaches to think about companies through metaphor. It is essential that each person or company closely assess their needs to learn if outsourcing is a practical option which will be beneficial for the very long term success of the business. These days, every organization, no matter it’s a big company or a little firm, in the computer business, networking or electronics utilize complex partnership.

The Ugly Secret of Outsource

The Do’s and Don’ts of Outsource

Outsourcing is critical because your company may just require your creative work from time to time. It has proved to be an inevitable part of most western businesses and companies, who outsource at least one business function to countries like India. It has become a very common practice nowadays by game development companies. It occurs when a company or individual hires another company to provide services that might otherwise be performed by in-house employees. It typically costs more than if the work was done in-house since you are paying some’fixed costs and profit’ dollars as part of the cost to do the work. It also helps to secure jobs internally across all departments without any risks.

The Fight Against Outsource

Outsourcing can help you generate new ideas. It is necessary because you will be working with people who are experienced, therefore, they will make improvements based on their past experiences. It does not always compromise quality. If yes, it may be the correct solution. It is one of the most reliable solutions for the substantial growth of your business. It is important because it improves the company focus because different companies work differently.

What Everybody Dislikes About Outsource and Why

If you’ve ever ran a company, you know there are tedious business tasks which every business should look after. Business Process Outsourcing is a technique utilized by business proprietors to not need to deal with various small business functions. Amongst the first businesses to go into the area of outsourcing was the publishing market.

Outsource – in Deep Analysis on What Works and What Doesn’t

Details of Outsource

Outsourcing doesn’t necessarily compromise quality. It is one of the most efficient ways to save cost. It requires constant monitoring, managing, and measuring to ensure the process is cost-effective. It has been the cause of much debate in recent times. Outsourcing to a different business or agency can help in many ways.

Outsource and Outsource – The Perfect Combination

Outsourcing takes place when a company or individual hires another company to supply services that may otherwise be done by in-house employees. It is also used if a certain company or individual has the inability to perform a specific task and get the result they want. It can provide you access to a need that is not available at a local level. It can simply be defined as the continuous out-tasking of a specific part of your business process. Outsourcing, also called offshoring when referring to overseas workforces, is normally known as the custom of transferring jobs to other nations in an attempt to lessen company labor expenses.

The Honest to Goodness Truth on Outsource

Today, firms are now hiring different companies in different countries to do their enterprise marketing or part of their company. It is essential that each person or company closely assess their needs to learn if outsourcing is a practical option which is going to be beneficial for the very long term success of the business. The company that provides offshore outsourcing services will do the company procedure or part of the company practice.

Outsource – the Story

The 30-Second Trick for Outsource

"Outsourcing" has come to be a terrible word in the United States of America. While it may prove highly beneficial for many companies and individuals, it can also have a few pitfalls. If you choose to turn to offshore outsourcing, you may wind up with other cultural challenges, and language barriers.

Outsource Options

When it’s really the very first time for a business to outsource, another aspect is vital. Furthermore, remember that there could be little to no profit a corporation can gain by revealing client’s information. A lot of the global companies which provide outsourcing services have the ability to do the job for considerably less money than it costs to pay a regional in-house employee, because they don’t need to provide benefits to their workers and have fewer overhead expenses to be worried about.

Outsource Options

Outsourcing can help you generate new ideas. It does not always compromise quality. It is important because your company may only require your creative work from time to time. It is necessary because you will be working with people who are experienced, therefore, they will make improvements based on their past experiences. If yes, it may be the correct solution. It is one of the most reliable solutions for the substantial growth of your business. It is important because it improves the company focus because different companies work differently.

No Longer a Mystery

Outsourcing is essential because your company might only require your creative work from time to time. It can be a very polarizing topic within an organization. It has become a very common practice nowadays by the game development companies. It also helps to secure jobs internally across all departments without any risks. It is an efficient way to save costs. It has proved to be an inevitable part of most western businesses and companies, who outsource at least one business function to countries like India.

There are lots of techniques to think about companies through metaphor. The companies which outsource are in a position to capture new efficiencies and better their productivity. There are many web application development outsourcing companies but you should look at the grade of the people whom you are partnering with, rather than simply the cost you’re saving.

Outsourcing makes it possible to generate new ideas. It is necessary because you will be working with people who are experienced, therefore, they will make improvements based on their past experiences. It does not always compromise quality. It typically costs more than if the work was done in-house since you are paying some’fixed costs and profit’ dollars as part of the cost to do the work. If yes, it may be the correct solution. It is becoming among the important sectors in the world today. It is important because it improves the company focus because different companies work differently.

Outsourcing Software Development has 5 Benefits

Outsourcing is becoming a more common tool to cut costs as businesses learn to balance quality and cost. Outsourcing is not just about shipping manufacturing jobs overseas. Typically, small-scale outsourcing is when any size business uses any company’s resources to deal with repetitive, non-core business processes and often works remotely.

Cost reduction is the main benefit. By outsourcing tasks to another company, companies can use their corporate resources in other business areas, such as product improvement or expansion. Moreover, it allows software developers in Latin America to focus on activities they’re naturally good at rather than spending time forcing their in-house staff to expand their scope of work.

1. Resource Maximization

It does not mean you should delegate all of your issues to your team of talented developers. To critically evaluate what is at stake, you must first evaluate the time and effort involved in tasks. In most cases, allocating top talent to IT support isn’t efficient or cost-effective. Your company’s developers are likely busy with what directly contributes to your business goals.

Resources can be optimized through outsourcing since it allows talented employees to focus on their most important tasks. Reliable outsourcing firms offer dedicated teams and flexible options. New employees don’t need to be trained.

You will have effective programmers on your team from day one, regardless of the size of your internal team. outsourcing ensures a smooth operation and completion of your IT project even with illness, vacation, and unforeseen circumstances.

2. Improves Efficiency

You can hire experts outside of your region through outsourcing. It is beneficial, especially for businesses in small towns with limited access to human resources. They can outsource to specialized vendors. Companies that specialize in telecommunication solutions often outsource their call management systems. When you run a business in Hong Kong, you should work with a company that specializes in the area. Click here for more information.

3. Utilizing the latest technology

The customer must use the modern technology stack in modern IT projects. There is a need for specialists who have extensive experience in this area. Developers in many customer companies cannot master all IT areas as technology stacks change dramatically every year. It is necessary to apply for outsourcing to utilize the latest technology stacks. 

We take the right steps to understand the new technologies stacks, and System has an expert team in a wide range of fields. We will provide customers with projects and solutions in the required volume based on the most recent technical solutions and methodologies.

4. Creates an environment of comfort

If you communicate remotely instead of managing in person, it’s much easier to manage employees. Many employees benefit from remote work since they can work while staying close to their families. Employees with family obligations benefit from remote work arrangements.

5. Cost-effective

Outsourcing is primarily motivated by this reason. Businesses can hire more employees at a lower cost thanks to the lower overhead it allows. Labor savings are unrelated to quality, which remains the same. The difference between costs-per-hour and the overall reduction in utility expenses makes all the difference. 


Outsourcing business tasks reduces the number of employees in an office. You can reduce your office space and lower your energy and utility costs. Moreover, a good outsourcing provider has the tools and systems needed to perform outsourced tasks, so you don’t need to invest in additional apps and tools. The cost of outsourcing is reduced.

5 Reasons Why Companies Use Outsourcing

As the world has become more connective, businesses have also become more competitive. Companies have been forced to use various cost-cutting strategies to increase profits and keep shareholders happy. One of the most effective strategies is known as outsourcing. In this article, we will break down what outsourcing is and why so many businesses do it!

What is Outsourcing?

Outsourcing is the act of a business hiring another business or freelancers to perform a function that they traditionally would perform themselves. For example, instead of a business hiring employees to handle customer support, they would hire an external company whose employees would perform support-related tasks. When outsourcing functions, a company does not have to deal with hiring, training, and managing employees and instead can focus on other key business areas. Now you know what outsourcing is, let’s look at the reasons why companies do it.

1. Save Costs

Outsourcing’s popularity has coincided closely with the rise of the internet. Thanks to improved communication technology, companies based in developed countries can now hire employees in developing countries and instantly save on salaries. For example, an American company could hire a full-time software developer for $100,000 per year or an equally experienced developer from countries like Ukraine or India for $30,000 per year or less. Salaries are one of the biggest expenses companies face, and by performing arbitrage on labor markets via outsourcing, they can instantly increase their profitability. Cutting costs is the easiest way for companies to improve their profitability, and outsourcing is an incredibly effective way to do this. 

Outsourcing doesn’t just help companies save on salary costs but also reduces hiring, training, and firing costs. Companies spend millions of dollars on recruiting employees, training them, and if something goes wrong, firing them. In many countries, companies are forced to pay severance when letting an employee go, which can really hurt a company’s profitability. When outsourcing, companies don’t have to worry about sick leave, holiday pay, overtime, and other extra payments, which can cause salaries to skyrocket. Another way that outsourcing helps companies save money is by reducing their payroll tax. Companies have to pay a percentage of their employees’ wages in taxes, but that is not the case for outsourced workers.

2. Access Global Talent Markets

One of the major benefits of outsourcing is it helps companies utilize the very best talent. For example, if a company lacks qualified employees for specific roles, they can simply connect with a 3rd party firm specializing in that function. We are now seeing certain countries specializing in certain business functions and building a competitive edge. For example, the Philippines has established itself as a major customer support and business admin specialist. Companies that need high-quality and professional English-speaking customer support but still want to save costs can now connect with one of the many firms in the Philippines and instantly gain world-class support capabilities. They no longer have to worry about training local staff or dealing with unprofessional companies in developing countries. Thanks to globalization, companies don’t have to settle for local employees. If they aren’t satisfied by the talent in their region or country, they can search the globe and find the very best talent for their firm.  

3. Focus on Key Competencies

In the ultra-competitive marketplace, companies can’t afford to be generalists. They need to find small niches and establish a competitive edge. To build this edge, many companies are pouring all of their resources into their business’ key functions and outsourcing all other business areas. For example, a company that manufactures pools wants to outcompete its rivals by spending all resources and time on designing and building the best pools in the world. To free up time and resources, they outsource all functions that aren’t directly related to manufacturing pools, such as marketing, customer support, accounting, and more.

Companies that have chosen to specialize view outsourcing as a way to focus on business functions that they excel at. Their thought process is, “Why would we spend our time doing functions like accounting when we are not an accounting firm?” They believe that performing tasks that are too far away from their key function leads to inefficiencies, and other specialist companies can handle their functions more effectively.

4. Expand to New Markets

Many companies have goals of expanding internationally and tapping into new markets. Unfortunately, if a company offers a physical product, this can be costly and risky. Therefore, to ensure a smooth entry to new markets, companies will outsource production and logistics to a 3rd party based in the country they wish to expand to. 

For example, a Swedish company that produces microphones might want to start selling its products in China, but the costs are prohibitive. So instead, they could find for external help a local Chinese company to produce the microphone in China and handle the shipping. By outsourcing, the Swedish company can sell their product at a price where there is significant demand and does not have to worry about purchasing a factory in China or trying to navigate the logistics of delivering their products throughout China.

Without outsourcing, many companies would not be able to offer their products internationally as the costs would be too high. Outsourcing also helps companies reduce risks when entering new markets as they can reduce bureaucratic red tape by contracting a local operator who is already licensed and knows how to operate within the local laws.

5. Improve Failing Aspects

Thanks to collecting and analyzing data, companies are constantly studying their different functions and performance. As a result, many companies can quickly realize areas of their business where they are performing poorly. These failing aspects can seriously negatively impact the company’s financial performance and reputation. For example, a company may receive thousands of complaints about slow customer support, rude employees, and failure to solve problems. Companies can analyze the data and calculate how many customers and how much revenue they are losing through offering poor customer support. 

To respond to this challenge, companies will often shut down their internal customer support team and hire a specialist 3rd party. By hiring a 3rd party focused on providing incredible customer support, a company can quickly fix a weakness without spending a huge amount of money and time on firing, hiring, and training new customer support staff. The speed at which a company can solve a lagging business function and the effectiveness of the solution is why outsourcing is such a common strategy.

Conclusion

Outsourcing has proved a very effective model for businesses looking to cut costs, improve efficiency and focus on their key business function. Many companies would not be profitable if they didn’t outsource certain departments. However, outsourcing is not a perfect solution and can lead to various issues, including loss of control, communication issues, and a decline in quality. Outsourcing alternatives such as extended teams are being used to produce superior outcomes than traditional outsourcing.

All About Argentina Software Development Outsourcing

What is software development in Argentina like?

Outsource Company has been collaborating with software development teams in Argentina for a few years now. But I still struggle to answer simple questions from clients like, ‘What is software development in Argentina like?”

For most countries, it’s easy to describe their IT sector in very general terms, but the outsourcing to Argentina is a mixed-bag and defies simple characterization — it’s consistently inconsistent.

Our clients rave about outsourcing to Argentina

Let me first say: our clients rave about the Argentinian teams we’ve introduced them to. We also have increasing demand for software development companies in Argentina. So, this October I’ll be spending a few weeks in Argentina learning the business culture and immersing myself into the software outsourcing landscape.

Buenos Aires is the top requested region so I’ll be based there, but I’ll also be visiting Cordoba, Mendoza and possibly some other cities in the area.

According to our database of offshore software teams, I will be seeing a huge range of hourly rates, even among very similar companies. Our partners provide different explanations, but usually they attribute this to the instability of the economy in Argentina. Instability causes undue fluctuation of currency, constantly shifting pricing, and subsequent inconsistency in general business practices.

We see some companies that can easily compete on price with E. Europe and other companies with rates very close to domestic US rates

We also see rates being affected by market pressure from nearby Brazil as well as domestic consumption of IT services. Argentinian companies have to deal with inflation, a high tax burden, and complex employment laws that bring serious overhead to developer salaries. As a result, we see some companies that can easily compete on price with E. Europe and other companies with rates very close to domestic US rates.

When it comes to process and quality, we see a similar ‘no theme’ theme: Argentinian companies are all over the map. Some teams have seasoned, battle-hardened managers with a deep understanding of software delivery. Others have an abundance of junior developers, but a critical lack of management. Neither of those things are unusual, but often, they correlate with a nationwide lack of seasoned managers, such as in India. Not so in Argentina, where there appear to be plenty of great managers, depending on where we look.

Assessing Argentina’s higher educational system has also proven to be a bit tricky. There are excellent universities in Argentina, which are critical for feeding the IT sector with fresh, new graduates. And yet many locals report that most of the schools are mediocre and produce graduates who need considerable on-the-job training to reach a professional level.

So, what is really going on with Argentina’s software sector? Will they emerge as a powerhouse player on the global IT scene? It’s not clear at this point, but it will be this fall. I’ll be meeting with many companies and industry leaders as possible and mapping out the landscape so that we can provide clients with the best insights and guidance as they choose an outsourcing destination.

Reasons You Should Outsource Your IT Helpdesk

Today, companies are striving to implement more and more technology solutions that help improve the productivity and customer focus of the business. One of them is IT support. It allows you to build the right interactions between technology and the company. But this is only possible by hiring highly qualified employees who can guarantee uninterrupted operation.

Establishing an IT support department within a company is an expensive practice and is only suitable for large businesses that would be willing to support it. But is a whole department needed even for a lot of money?

With the advent of outsourcing companies, the issue of organizing a workspace for an entire office of employees has automatically disappeared. By 2021, the total outsourcing market was 92.5 billion. Qualified and staffed specialists work for the company on mutually beneficial terms, providing uninterrupted and high-quality support.

Today we will cover all the reasons why you should outsource your IT help desk.

Reasons for introducing outsourcing

The main task of outsourcing for an IT support service is to ensure continuous improvement of companies and maintenance of all equipment. But this is not all that a professional outsourcing team is capable of.

№1. No reason to worry

Working with a qualified team of outsourcers, you do not have to worry about possible problems in the operation of your IT system. All obligations for their prevention and solution rest solely on the shoulders of specialists. Even if something goes wrong, you will not be involved in the resolution. In addition, you do not have to involve your internal employees and detach them from their main tasks.

Outsourcers will carry out all the repair work of system operations: errors, work stoppages, incorrect work results, etc.

№2. Cost savings

Outsourcing is a great way to save your budget. About 70% of business executives surveyed said they choose it only because of the economy. There is no need to buy additional equipment, organize a workspace, search for premises and pay for insurance. You will receive a working mechanism on favorable terms for the company.

№3. Saving staff resources

Your internal team will only do their own thing. They do not need to play the role of multidisciplinary specialists and reduce productivity. This is important because each employee should deal exclusively with their duties, only then can we talk about competence and productivity.

№4. Customer satisfaction

Unqualified IT support is the first bell for the loss of a client. Shifting responsibility on internal employees or people with no experience is not a saving, on the contrary, you will spend even more. When slurred speech and lack of constructiveness are heard on the other end of the line, productivity is lost. The time of all the participants in the conversation is wasted, and few people may like it.

The ability to receive qualified support at any time of the day or night will increase customer loyalty.

№5. 24/7 support

Hire an outsourced IT support team on a 24/7 basis. This will allow not to leave a single call unanswered, which means it will increase loyalty. The team will be able to work 24/7 365 (366) a year without lunch breaks and weekends on the occasion of the holiday. Yes, your company may not need it, but most will love this kind of workflow.

№6. Reporting

All work of the outsourcing team is subject to reporting. You, as a manager, will receive all the results: abandoned tickets, the time they were sent, ways to solve problems, the time to close the application, average performance indicators, the number of applications processed per day, and much more. All data will be sent via remote software, which will also improve work efficiency. You can evaluate all the information and analyze the team’s performance at any time. This will improve the quality of customer service.

№7. No need for personnel management

You no longer need to recruit staff, introduce and represent the company, provide ongoing education and training, and fire IT support staff. The outsourcing team is hired by their managers and HR specialists. You just have to find the best company that guarantees the provision of highly qualified specialists. If you are unhappy with the productivity of outsourcers, contact their managers and they will solve the problem on their own.

№8. Change management

Outsourcing team leaders continually refer their IT support staff to a variety of training and education. You can monitor and benefit from changes in the level of professionalism of your remote specialists.

№9. Convenient service payment system

You can pay for outsourcing services in a way convenient for you. Most teams offer a flat rate payment for the time worked or for the completed project. This is useful if you do not need IT support on an ongoing basis. If on the contrary, then you can also agree on convenient cooperation, both for the team and for you.

№10. Reliable partner

The field of technology is constantly evolving and more and more professions appear. As tempting as it is to hire a multidisciplinary specialist, it is better to give preference to a narrowly specialized professional. A team of such outsourcers will become a reliable partner for your company.

Conclusion

Outsourced IT support teams are a cost-effective, easy-to-manage way to replace your in-house peer team. With them, you will not have to worry about hiring or firing, about solving technical problems and preventing them, on the contrary, you will transfer all responsibility to the team leaders and the outsourcers themselves. We highlighted all the benefits of introducing third-party employees for the IT help desk, now it remains to find a worthy partner.

The Complete Guide to the Dedicated Development Team Model

As a customer, you will never have to deal with any of the typical frustrations of outsourcing your operations. With Argent Team, you can sleep soundly knowing that all your expectations will be met, and that we have a dedicated team to take care of your operations.

Introduction:

It is very important to have a team of more than one person. There are so many different skills that are needed for a team to work on the project. For example, one developer may have skills in business analysis and website design while another can be specialized in coding. Another developer may have skills in marketing and growth hacking while another has skills in design.

The development team model is an agile, iterative process that enables teams to share their knowledge with each other and collaborate on projects quickly.

What is the Dedicated Development Team Model?

The Dedicated Development Team Model is a variation of the traditional software development methodology. This model is based on the idea that in order to produce high quality software, you need to have an experienced team of specialists. With this approach, there is no need for generalist developers.

Instead, the team consists of specialists who are experts in their field and are committed to implementing that specific feature or technology.

The advantage with this model is that it can reduce costs considerably by minimizing communications between different departments or teams.

How to Get Started with Dedicated Development Team Model?

One of the best things about a dedicated development team is that you will have the opportunity to learn from experienced developers.

When it comes to a dedicated development team, there are some factors you should keep in mind:

  • What is your budget?
  • What is your time frame?
  • How much experience do you want on your team?
  • What’s the size of your project?

Is the Dedicated Development Team Model Right for Your Organization?

The dedicated development team model is a popular method used by many companies today. This includes startups, established businesses, and even government agencies.

A few of the pros to this model are that it helps increase focus on the project at hand, it can also help create an environment where teamwork is encouraged, and it encourages creativity among team members. There are cons to this model as well though. This includes not having an easy way to view other projects or tasks happening across different teams or departments in the company, not being able to take on other projects while working on one specific project, and no opportunity for outside perspective when trying to solve problems related to a specific project.

Conclusion

We hope this guide has given you some insights on how to get your dedicated development team set up for success. We know that the process can be daunting, but once you get it down, you’ll see that it’s both cost-effective and scalable.

Work with Best

Argent Team is a leading company in the field of outsourcing and creating offshore teams. They have a 5-year experience in this industry, and we are proud to say that we have support more than 1,000 companies from all over the world. Contact AT today and get a unique ROI with your business!

Grow Your Business by Outsourcing IT

Have you ever thought about the potential benefits of outsourcing your company’s IT function? Plenty of owners do. The most common reasons they mention include two things: saving money and receiving basic tech services that in-house employees can’t provide. Those are both excellent reasons, but there are many more. In fact, when organizations move this key functional service to a third-party provider, they receive multiple benefits, including enhanced monitoring, better all-around support, less hardware to look after, stronger security, lower system expenses, fewer compliance hassles, and more. 

Still thinking about moving forward with your plan to say goodbye to information technology chores? One method is to do outsourcing as a temporary measure while completing a computer-related degree. After that, you’ll be able to bring the job in-house and take care of managing it yourself. Here’s a step-by-step plan for making the plan work.

Assess Your Skills

Besides taking a personal inventory of your technical skills, check to see if any of your company’s principals or managers have what it takes to do the job. Chances are you will need to opt for at least a temporary outsourcing plan. That makes good sense if you can find the right provider and build up your own skills in the meantime.

Earn and Pay for a Degree

Many of today’s entrepreneurs pursue online degrees either part-time or full-time while running their organization. A smart first step is paying for all educational expenses up front with a student loan. Private lenders offer competitive rates and flexible terms. For example, Earnest private student loans can be tailor-made to your financial situation and cover all the costs of an IT, or any kind of degree you choose to pursue.

Choose Your Providers Carefully

Whenever you outsource a core company function, it’s imperative to select providers carefully. When it comes to information technology, you can choose a small, local company or a large, national or international organization. Be sure to find an entity that can match your needs exactly and give the level of personal service you require.

Measure Results

How do you plan to evaluate the services you pay for? This is a question you’ll want to ask prospective service providers during the vetting process. If they are slow to answer or avoid the question, consider moving on to the next name on your short list. Try to identify a few candidates who give thorough, informative responses. High-quality specialists should be able to rattle off at least a half-dozen ways for you to measure their performance, including faster website load times, better data security, and efficient long-term log-file storage.

Reap the Benefits

What should you expect from a top-quality provider? Turnaround time for support requests should be brief. Any questions your team has about compliance issues should be dealt with quickly. There should be an immediate decrease in what your company was spending on system-related products as well as hardware. Finally, you should not have to worry about security breaches of any kind, including malware, spyware, hacks, or ransom attacks.

What Is Staff Augmentation?

IT Staff Augmentation is a strategy that helps organizations respond to changing business requirements by augmenting their in-house staff with additional skills and expertise. The term is used to describe the process of adding additional staff to an IT department or project. It also refers to hiring an agency to provide additional staff for a specific project or business objective. Here are some of the benefits of IT Staff Augmentation. Read on to learn more.

IT Staff Augmentation is a viable solution for start-ups. While the services of an outsourcing agency may be cost-effective in the short term, they are not ideal for long-term teams. The services offered by such an agency often fail to deliver the level of performance that a company requires. In addition to the cost of hiring additional employees, companies must also consider the risks of hiring a poorly trained, inexperienced developer. Not only can an inexperienced developer halt the project, but they can also create security issues that affect the end-user.

One of the biggest benefits of IT Staff Augmentation is the ability to scale your team quickly. This approach saves companies money in the short-term but also requires a significant amount of dedication from the hiring firm. It also provides the flexibility and expertise that is important to the success of a project. While IT Staff Augmentation is a valuable option for any company, it is not without its risks. There are many considerations to take before implementing this method.

Hiring IT Staff Augmentation can be expensive. Not only is it time-consuming, it can also lead to problems. An inexperienced IT Staff Augmentation service can save your business time and money. While hiring in-house staff is always a smart choice, it’s never a good idea to make the decision yourself. It is also a better option than letting the IT Department hire an entire team.

IT Staff Augmentation is a great option for small projects. Because it can help you find skilled professionals, it can also decrease your overall costs. However, it can also be risky, since the team isn’t fully familiar with your project. The in-house IT staff can be more efficient and flexible in their work, but it can also increase the risk of security breaches. Furthermore, outsourced teams can be ineffective at managing sensitive information, which makes them more susceptible to data breaches.

Outsourcing is a great way to solve a company’s capacity problems and improve its quality of service. With IT Staff Augmentation, you can focus on the core activities of your business and get more outsourced resources. Whether you need a web developer or an IT manager, outsourced workers are an ideal choice. The company can control workflow and project management and avoid the hassle of integrating an in-house developer.

Top Reasons for Outsourcing Front-End Development

Long story cut short, the development of a web application can be completed within a few days. Especially if you have an in-house team at your disposal. On the other hand, outsourcing has incredible advantages for any business, regardless of its size. After all, you get to work with the most experienced IT professionals from across the globe. Therefore, if you have never outsourced such services before, now is the best time to think about them. In this feature, we will sift you through the top reasons to consider outsourcing web development:

  • Simpler Operations

Once you decide to hire an in-house team, the process will entail going through hundreds of resumes, shortlisting potential candidates and conducting an interview session. It is a tough job that requires a lot of time. Secondly, when you think of hiring a web developer, you will have to stress on account of training, managing and sharing the workstation with them. However, when the front end optimization team is outsourced, you will only be working with a remote team. 

  • Fewer Costs

No doubt, every business aims to save a lot of money in the long run. Therefore, one of the biggest advantages of outsourcing is, you get to benefit from cost-cutting. Enough evidence suggests that you can save up to 20% of the total costs on outsourcing such a team. The biggest difference is due to the service charges. Outsourcing is a good option if you’re working on a budget and willing to cut down the total charges. 

  • Time Savings

If you look around, you’ll find that the most complicated operations will be handled by software outsourcing companies. Therefore, when you hire such an agency, you can focus on other business operations such as sales, marketing and customer care. This means you can eventually launch a product, immediately post the completion of the development project. Because time is the most valuable resource in today’s world, every business owner should know how to make the most out of it. 

  • Scalability

When a remote team is hired, it becomes easier to scale the team in various ways. Therefore, during the initial stages of the project, you can look for more designers, developers and project managers too. Therefore, as soon as you get into maintenance mode, you can leave the rest of the work to a couple of programmers. Understand the current requirements of your business and get in touch with the team members to know how they can help. 

  • Speed

One of the leading reasons to hire a remote agency for front end development is due to their speed. Not to forget, in the highly competitive business world, every firm needs to have a stellar official website. Therefore, this goal can only be achieved when a top-notch agency is hired. Because IT professionals in top-notch firms have hands-on experience in helping various businesses, they can quickly understand your needs and take your work to the next level.

Tips to Successfully Manage Outsourced Remote Teams

Remote team management is about keeping balance and being able to address the issues before they turn into major issues. Although work from home became a new trend a while ago, some managers still find it tough to deal with all the hurdles of communicating with teams sitting miles away from them. 

Virtual team management might become an easy task once you understand how to approach it correctly. The right strategy will help your company achieve the desired results and keep your employees satisfied. 

Having analyzed the best practices implemented by the companies that leverage the cooperation with remote employees from different countries, we came up with the following list of practical tips:  

1. Establish healthy relationships between team members

This is the golden rule for any company that strives to achieve success in its field. It’s critical for the employees to understand how to communicate with each other and adhere to the same goals. Besides, they’ll have to make decisions, which is complicated if each employee shares contrasting opinions about the issues. 

So, make sure your team members are on the same page and motivated enough to impact the overall performance positively. Also, you can share the workers’ achievements and not forget about praising them for reaching their goals. By doing this, you encourage the remote employees and emphasize equality in the team. 

2. Leverage right technologies 

There’s a handful of tools and software that can facilitate your remote team collaboration. You can use the most suitable ones to maximize productivity and make day-to-day work more potent. 

Although video chats are excellent for remote communication because they perfectly substitute the in-person conversations, it’s better not to overuse them. There are various messengers in which you can quickly discuss any issues or exchange updates on the progress. You can even introduce an internal social networking platform, which will make communication safer and help you to save costs and increase business productivity.

Also, there is a multitude of project management tools that help to stay on track with all the updates to the product development and address any questions as soon as they arise. Besides, they help to stay more organized and spread the load more evenly. 

3. Ensure regular check-ins

Be it daily or weekly catch-ups, make sure you have them. These should be one-on-one calls via video because it helps to establish a better connection with the employees. Such calls make the team members understand that their work is valued, and they are always welcome to reach out to their managers in case they need help or support. 

Schedule the calls depending on your team’s approach to work and avoid having unnecessary calls because it will make employees think you don’t trust them. Also, emphasize that people can text you anytime they need some assistance, and you can discuss their concerns via chat or video call.

It’s about letting workers know there’s nothing wrong with asking for help and discussing the challenges they might be facing. 

4. Clarify expectations

Since each person has their unique approach to work, all the processes might become too disorganized if you set unrealistic expectations. So, to avoid that, make sure to educate your team on why you need them to complete specific tasks and help them understand how you’ll evaluate results. 

Pay attention to clearly defining the scope, deadlines, and goals the team should achieve. This helps to avoid miscommunication between team members and be confident everyone’s up to completing the defined tasks. 

5. Focus on results, not process

When working at home, many people face certain difficulties, which mainly come to managing distractions. So, instead of making your employees work 9 to 5, offer them more flexibility. Besides, we all have different biorhythms, and if someone delivers excellent results in the morning, the other does it in the evening. So, pay attention to these specificities and don’t try to manage every aspect of the remote team’s work.  

Instead of focusing on the hours worked or activity, focus on the delivered results and their quality. It will help to enhance your business productivity and measure the team’s success more precisely. 

6. Introduce flexibility

If you give your team enough freedom to choose the time their productivity is at the highest level, you’ll see the positive outcomes of these decisions soon enough. Remote work isn’t about working for eight hours straight anymore. It’s about giving employees more freedom and flexibility to get their tasks done by spreading the load in the most convenient way for them. 

To make sure such working conditions won’t become an excuse for not getting things done, make sure to set deadlines and stay in touch with the employees. 

7. Find an approach that works

There’s no one-size-fits-all approach when it comes to outsourced teams. Each person has different skills, traits, and preferences, so the method you implemented earlier might not be effective anymore. Understanding that each member has their own needs and customs paying attention to them is a key to setting up a productive remote team,

So, communicate with your employees, try to determine their preferences about the working rhythm, and ask them to share their visions about the project and remote collaboration. Such insights will help you create a healthy working environment in which everyone is equally appreciated.  

8. Be mindful of different time zones

Although different time zones might seem like an additional challenge for some companies, many businesses use them to their advantage. For example, if you opt for Ukraine IT outsourcing, there will be four hours of overlap with the US, meaning that even when your local team is off, the outsourced one will be working, and vice versa. 

Although asynchronous communication might pose some difficulties, there are many time zone meeting planner apps that show who’s online and when. 

In other words, with the right approach to managing outsourced teams, you’ll be able to leverage the advantages they offer. 

Conclusion

The key to successful outsourced remote teams management is about creating the proper strategy and ensuring balance in the workplace. The employees stay longer if their needs are addressed, and the working atmosphere encourages them to achieve better results.

That being said, these eight tips can help you manage your virtual teams more effectively and inspire them to perform better while enjoying the benefits of working from home.

Extended Team vs. Managed Team vs. Software Outsourcing

A Powerful Trident Software Outsourcing service should not be a one size fits all process.

The outsourcing process for any project should be tailored to the needs of that project and not a single “one size fits all” solution. Depending on the stages or scope of your project, there are at least three ways to address workload: assigning in-house tasks and outsourcing partner tasks, dividing in-house and partner tasks, and combining in-house and partner tasks.

Extended teams, managed teams, and outsourced teams all serve a slightly different purpose, so managers should evaluate which option best suits their current project.

Here are the notable differences to consider when choosing a solution that could help advance your business.

What is an extended team?

An extended team model allows you to integrate top engineers into your in-house team, even if they work from abroad. Instead of outsourcing the entire development process – including management – your project manager remains in charge of the process, sharing the project between an in-house team and a small group of top engineers. By being able to scale your team quickly and efficiently, the extended team model allows for a better work-life balance. And because you’re in charge of all aspects of the development process, you’ll be able to produce products on time without compromising quality.

What is a managed team?

A managed team is the intermediate option between an extended team and a completely outsourced solution. This approach will allow you to apply the highest skilled engineering talent while sharing the risk and responsibility for delivering quality results. Key decision making roles are designated first to establish the rules of engagement and communication as well as make critical design decisions. Teams are quickly spun up around functional areas, from Software Architect to Scrum Master.

What is an Outsourced team?

Outsourcing is the most traditional type of development strategy, and you’ll barely have any direct control over the process. But if your team is small enough, this might be an attractive option to save time and resources. Outsourcers will provide a finished product based on your specs by the due date or sooner.

In this case, your project manager will not need to involve themselves with the development team all the time and can stay focused on management.

How to choose the right outsourcing option for your project:

Different kinds of outsourcing software help companies be more time-flexible. The type you choose depends on how much management you can spare for your team.

Starting up a new business? Create your software based on what the end user needs, by quickly modifying it as you go along. In this case, an extended team may be the best option; your project manager can continuously update the project because there is no set work agreement.

Being able to work with the extended team enables you to grow & improve your business without having to hire new staff. They operate just like your in-house team, so you can successfully bring new projects into being without any hassle.

However if your company regularly releases new software and is always busy, it might not be suitable for your team to scale the number of project managers.In this case, an outsourced team might be a better option, since it adds little to no work for the project manager, and the project will be delivered complete and on-time.

You can break your project down into smaller tasks to complete with the help of an external team. This way, you don’t need to worry about changes happening at the last minute.

When comparing a freelance project with a team, a managed team might be the perfect balance of quality and cost. If your project manager is short on time, but you still require a level of in-house supervision and flexibility for your project, consider hiring a managed team to fill in the gaps.

Sometimes, getting help from a professional in a field that is outside of your expertise can save you a lot of time and frustration in the long run. Hiring an expert company will always result in you getting the best possible service done on time and to your exact specifications.

When to Outsource and Mistakes to Avoid

Outsourcing can help cut costs and boost revenue, but it is not something to take on lightly. Outsourcing can completely reshape how your business operates, and if it’s not done right, it produces a level of uncertainty that can create more risks and potential losses. Knowing when to outsource work from your business is equally important as knowing how. Follow this guide to avoid common mistakes and find the right talent for your needs.

Your Growth Rate Exceeds Your Manpower

When a business takes off, a small team may not be able to keep up with all the demand. Customer service can suffer, turnaround times may dwindle and other disruptions can hinder your performance.

For most business owners, the initial phase of their company is a waiting game. They’re often busy trying to figure out what to do until business picks up. Then, the question shifts to, “What do we do first?” 

When you find yourself in this position, it may be time to outsource some services. The most important thing to consider in this case is how long you plan to outsource and what internal changes you’ll make to encompass your growth. You should also be sure that you know and understand tips for managing outsourced remote teams because they are still employees even if they’re outsourced. Scaling a business is a strategic process, and outsourcing will either be a transitional support for permanent fixture. Choose wisely at this stage as the workers you hire will become an integral part of what your company becomes in the future.

You Lack Specialized Skills

You may be in an industry that you do not have the specialized skills for. Your own knowledge may have gotten you to this point, but you’ve identified a gap in your own skill set and customer demands that require an expert. In this case, outsourcing can get you the services you need.

Whether it’s a software developer or social media manager, specializations that require professional management and attention to detail shouldn’t be handed over to amateurs. Avoid hiring beginners with no portfolio or demonstrable experience. In an effort to save money, some businesses opt for the most affordable option rather than the most experienced candidate.

While you do have to be mindful of your budget when hiring, you should never hire for price alone. You have to consider the impact their skills and abilities to meet your evolving needs will have on your customers.

You Don’t Have Enough Managerial Experience

If a company expands to the point it requires specialized management, then outsourcing can help. One area this is common is fleet management. A person can start a business but not have the time, know-how or ability to continually track a fleet of delivery vehicles. Outsourcing management can be an easy way to lower your stress, but it has to be done with a scrutinous eye. Make sure that anyone you hire knows the industry and meets compliance regulations. If you decide to outsource your fleet management, you may want to read a guide on DOT compliance management software, which details regulations that must be met.

Additional management outsourcing roles include human resources and finance. You may not be able to oversee these divisions on your own, but there are plenty of qualified professionals who can handle them flawlessly.

How to Manage an Offshore Software Development Team

Managing an offshore software development team is an important challenge you will face to have a successful business. However, to get to the main purpose of this article about how to do it more efficiently we need to start by explaining what it exactly is and give you everything you need to know about successfully managing, having an offshore development team, and keeping everything in control.  

So what is an offshore software development team?

Offshore software development teams usually consist of a certain number of people who can be located in different parts of the world but nevertheless, they work together remotely. 

Most of the communication is held through video chats, phone calls, and messaging. Even though it may seem to be less effective, a lot of companies choose this method of working in order to reduce budget and time-to-market without compromising quality. 

Offshore development has become especially popular now when the whole world is “on pause” and almost everyone had to adapt to the situation and work from their home. You know what they say: “Modern problems require modern solutions.” 

Take for example these successful companies that work with offshore software development teams:

  1. Google
  2. Slack
  3. WhatsApp
  4. GitHub

The prominent names on the list should convince you that offshore outsourcing is a reliable and proven solution.

Managing offshore teams

Having an offshore software development company usually helps to attract top talents worldwide and save on development expenses but it also has some nuances to remember regarding managing it. When you know what problems may arise, it is easier to avoid them. And here we list possible challenges and most effective solutions to run successful cooperation with an offshore team:

English language level

A possible issue to know about is different English language skills. This can impact not only communication in the team but also the work itself. Developers can have lower language levels than you would expect and it will be harder for them to freely communicate with other employers and colleagues from different countries, and describe the problems they face in the process, which can affect the duration of the project and its quality. 

Solution: When communicating with your offshore team avoid complicated grammar, slang, and dialects. It’s a good way to prevent misunderstandings and be with everyone on the same page. Let them know that you understand each other and encourage them to be open while talking in a foreign language. 

Also, you can make the communication easier and more effective by employing a Project manager. A PM with a good command of both the team language and English is a silver bullet for managing offshore teams. 

Different time zones

Because of distance and different time zones, it can be harder to schedule a conference or a call. 

Solution: When hiring a team abroad, it is better to choose a country where the working hours overlap with yours for at least 2 hours. This way you won’t have to wait hours or days for an answer. Scheduling a call won’t be an issue as well. 

Also, respect the time of your team. You need to take into consideration the national holidays of their country.

Working experiences and approaches may differ  

Every developer in your team is going to have different working experiences, skills, and his personal approach to fulfilling tasks, which can lead to more issues with code, deadlines, bug detection, and communication within the team. 

Solution: Make sure the people you hire have the essential skills you require beforehand. It is important that the team uses the required tools and follows an established workflow. 

Cultural differences

Another thing you need to be prepared for is that when hiring developers from around the world you can face confusion and miscommunication because of cultural differences. It can be harder to communicate and unite your team when everyone has different cultural backgrounds. 

Solution: Create a comfortable working space and have a video conference with the team where you can discuss not only work-related issues but also hobbies, interests of your colleagues, etc. It is important to ensure that your team has open communication when everyone can share their visions and ideas. Always encourage dialogs, it will lead to better results in the future.

Build a culture of being open-minded and emotionally connected despite the distance. 

Tools for better managing an offshore development team:

All the work will be done remotely, so using verified and popular tools is necessary for attaining productivity and good communication while managing an offshore team. It’s easier with the help of these tools that are perfect for communication, video chats, etc.:

  1. Skype 
  2. Zoom 
  3. Microsoft Teams 
  4. Google Meet
  5. Slack
  6. Discord
  7. Hangouts

There are also other great tools that a lot of teams use for task tracking and organizing work:

  1. Trello
  2. Jira
  3. Asana
  4. TimeCamp
  5. HeySpace

Offshore software development is very popular within startups and large companies despite the described challenges. Using effective solutions in offshore team management and proven digital tools enables them to largely benefit from offshore cooperation.

The best way to start is to collect the information and see for yourself that it’s actually attainable and has a lot of advantages.

Tips for making offshore team management easier

Offshore software development team management is not the easiest task to have. It has many advantages and reasons why so many companies use it. Managing an offshore team can be challenging sometimes but not impossible. There are many ways of improving offshore team management and we collected the best tips for you.

Assign a project manager

Proper work process organization is key for having a dedicated development team. The success of your team and work will be highly dependent on the person who manages it all. That’s why it is vital to have a professional Project Manager who will keep everything in control. A good Project Manager can foresee problems and find solutions beforehand. 

The advantage of this approach is that while the PM works with the team in the office, the customer doesn’t need to control the product development process personally. Instead, he can dive into strategic tasks, such as planning, marketing, partnerships, sales, etc. 

Explain and give clear requests, vision, and idea

It is important that your team understand what you want to be done and how. Ensure understanding between you and your offshore team before starting to work on a project. Be specific about all the requirements and approaches to work. Explain exactly your ideas, your vision of the end product, and the contribution you expect from them. But don’t micromanage them too much, they need to know that you trust them with their job. 

Respect team members and motivate them

Remember to respect your team and involve everyone in finding solutions and sharing ideas. If you let your team be open about their visions and motivate them to express themselves, they will know that their ideas are valuable and it will motivate them to be more creative and dedicated to what they do. Also, people tend to show better results at work if they feel respected. Let your team know that they can rely on you too and keep in mind that “Men are respectable only as they respect.” – Ralph Waldo Emerson.

Provide training

By providing training for developers in your offshore team you can quickly raise their skills and expand knowledge in specific topics regarding your project, which will lead to better results at work. Moreover, this can improve trustworthy relationships during the work process and their inner motivation. 

Working with Agile Development 

When managing offshore teams, the best way to maintain successful software development is with an agile methodology. There are a lot of pros and cons regarding working with agile development but it is used worldwide as an effective framework. Agile methods stimulate the project management process, encourage teamwork and organization for delivering high-quality results. It focuses on sequential processes and creating minimum viable products (MVP) with a number of iterations before the final result. 

A lot of offshore software development teams across the whole world are successful due to good communication and the correct distribution of tasks. Because of that, we made a shortlist of the main things to keep in mind for the productive work of an agile team: 

Focus on the process organization from day one.

You need to keep the focus on planning the working process and prioritizing tasks. Offshoring is impossible without the right schedule, plan, and communication.

Share every knowledge you have. 

Give your team the precise description of the project, it can be done with the help of sketches, tables, graphs, and videos as well. Share all small and needed details, ideas, and knowledge you have because the more detailed information your team will have, the more efficient their work will be. 

Treat your offshore development team as you would your regular team. 

Include your offshore team in all communication and meetings and treat them as your regular team. Make it important to always communicate with them, share all the news, and make sure they are not left in the dark.

Have short iterations.  

Having short iterations gives you an overview of specific requirements, reporting, and reviews without excess information. And it simplifies an overall work course. 

Have common standards. 

It can become harder to track what your offshore development team does but having set common standards will prevent them from making unnecessary mistakes and allow your team work better and smoothly.  

Product development

Offshore development is suitable both for supporting small projects and for product development when you need a team to build a complex system from scratch. Here is where a dedicated team comes for help.

A dedicated team in a nutshell

A dedicated team is a team of professionals that you can choose according to the requirements of your project and then hire them to work for you. A dedicated team focuses only on your project, which brings a better quality of the final work. It is a viable solution because it helps you to expand quickly and have the right people with specific skills that are needed for specific tasks. You can hire a full-time team that will work for you but if you have a small project, you can hire them part-time, which will help you not to overpay.

Hiring a dedicated team means having a team of specialists with the required skills who will help your business with attaining the goals. And not only it saves you costs but also ensures that your project will be delivered on time and without quality compromises. 

Where to find a dedicated team?

A dedicated team will help you deal with difficult tasks and schedules. It is one of those things that will completely facilitate the workflow. Many companies provide offshore software development services and offer you a custom team of experts with the required knowledge and seniority in a short period of time. Offshore companies can easily arrange a team extension for you if needed so you won’t need to worry about that as well.

Summary

Now you are convinced that having an offshore development team is not a problem in our reality and is actually highly effective and popular nowadays. Knowing how to manage such a remote team helps you to avoid pitfalls and benefits in the long run

First, working with and managing an offshore software development team it may seem to be too difficult because of a lot of problems and challenges you can face. It may seem like it’s impossible to keep everything in control. But following industry best practices and employing modern technologies it is more than possible. There are many services, tools, and information sources that will help you on your way to successfully managing your offshore software development team. 

We really hope that our tips and advice showed you more efficient ways of having an offshore team, clarified the questions that may arise, and now you are ready to successfully manage offshore software development teams from around the globe.

Outstaffing vs Outsourcing Software Development

Off-the-shelf software vs. Custom Software Solution

The software development industry is growing with lightning speed, yet the supply does not seem to match the high demand for products. And while the amount of products that are available to use is greater than ever but there is still an insatiable need for niche software products that serve a very specific purpose with excellence. 

So how will those products be developed? Will the industries who need this software wait until the right app drops on the market? Is that a reliable way to grow and advance the industry? My answer is no. 

Waiting for the just-right product to drop and serve your niche business and service, is not a reliable source to be able to be marketable and is also not a good strategy to beat the competition. 

So what can you do? You can work with a software development team that can help you create a specific product that makes the most to present what you are offering in a way that is reachable, reliable and also has long-term prospects. 

Why do you need custom software?
– Glad you asked…

Customization and efficiency 

There may be hundreds of other applications that do just well enough to serve your company. However, those tools are available to anyone who wishes to enter the niche industry – so you are hardly in a stable position, allowing for competitors to be neck to neck with what you are offering.

Customization allows building an application that completely optimizes your service and also performs in a much more efficient way. There are no features that you are not using. It is highly flexible to the point where you can create any functionality, and have it work in a way that is completely coherent with the rest of the product.

While there is a lot you can do with an off-the-shelf app that can serve a wider circle of employees and also services, it is likely you would be paying for features you may not need. Also if you are occupying a

How to buy your VoIP system?

You just need to make a few easy steps to purchase a cloud-based phone system for your needs. Pass the registration at one of these services and choose the service you need to buy.

niche industry, chances are there is simply not something that is exactly what you need. Or perhaps you have had to change your processes to be able to use the tools you have available to you.

Scalability

Having custom solutions created for your company allows for growth that pre-purchased apps do not offer. Or they do – for a significantly higher price. If you are working with a custom product, you have the option to scale it up in any direction you may need. You can target certain buyer persona profile, you can tweak it to serve that. If you want to reach a wider scope or reach farther locations, you can do that on your own terms, in a way that you are not paying for anything that is not of use and also you have full control of what the product becomes as it evolves.

What are your options?

Let’s say you decided you want to jump at the chance to beat out your competitors with custom software that serves your business better. How can you go about it? Should you hire your own team? What technology should you choose for development? How do you know to hire competent professionals without having worked with developers before? 

How can you plan the software development process as a Product Owner or a Tech Lead without understanding the internal processes that go into creating the product? Luckily for you, there are options for you to not only be in charge of the software you want but have all of your concerns are handled by the right team. 

Software development outsourcing

One of the most widely used outsourcing methods is actually is project-based. An outsourcing company is hired and is taking care of the entire production process, from planning to employee management, task delegation and so on. The company usually works on multiple projects at a time, while each project is assigned a dedicated team of specialists that are the best fit for it. Both in terms of their technological specialization, and they are often approved by the product owner if they choose to be involved in this part of a project.

The product owner that is hiring the outsourcing company has direct contact with the project manager and sometimes the tech lead if the positions are occupied by two different individuals, but rarely communicates with the developers.

Advantages and disadvantages of outsourcing

Pros:

  • The outsourcing company is in charge of all of the management in terms of developers
  • All of the equipment needed for development is provided
  • No responsibilities for the hiring of competent developers – teams are put together by the company, based on their skills that are the most compatible with the product
  • The quality and execution of the product is up to the outsourcing company

Cons:

  • More expensive as you are paying for the management
  • No direct control over the development process
  • Requires specificity when you lay out what you want, as it is slower to change the direction of the project – timely communication is key

Software development outstaffing

While one of the best things about outsourcing is that the hired company takes care of the entire project management, while you oversee simply if the product is up to par or you want to take it in another direction there is the option of outstaffing as well.

The main difference between the two is that in outstaffing, you can choose to hire your development team directly. You can either have someone on-site to manage them. Or hire someone who is solely responsible for the organizational side of the development process, and overseeing it to be sure it is running smoothly.

Advantages and disadvantages of Outstaffing

Pros:

  • Outstaffing allows for direct management in terms of the development team
  • Potential to be more flexible as it is entirely in your control or your delegate’s to manage the ongoing development process
  • Direct access to the developers
  • Less expensive

Cons:

  • All of the equipment and software needed for development has to be provided by you
  • The responsibility of hiring and managing a competent team of specialists is entirely up to the client.
  • The delivery responsibility is entirely up to the client and if unequipped to properly manage the development process, it can be potentially risky
Outstaffing Model
Outstaffing Process
Outstaffing Ukraine
Outstaffing Agreement
Outstaffing Risks

Which should you choose?

Naturally, if you decided to take a step towards having a custom solution, you will have to make the choice on how to approach it. There are definitely factors to consider such as budget, how much time can be dedicated to the project, whether you would rather have hands-on management or delegate this aspect of the project to an outsourcing company to allow yourself to have the time to focus on other aspects of your service. 


I hope this article was helpful in showing you the options you have when it comes to going about creating custom software.

Nearshore or Offshore Outsourcing App Development: what’s the best option?

Nearshore outsourcing presents the most viable options considering cost, labor, and geography.

Are you thinking about creating an app? Offshore vs nearshore is the first doubt you will need to solve. The global outsourcing market earned $76.9 billion in revenue, and is expected to grow at a rate of 6.7% from 2015-2025. IT companies, in particular, have demonstrated their interest in outsourcing web and mobile application developers from abroad, along with other tasks. The outsourcing budget for technology companies increased 10.6% in 2016, and they spent $84.5 billion on application outsourcing alone in 2015.

Not only can technology companies save money through app outsourcing, but they also benefit in other, discernible means. In order to maximize the potential of outsourcing, it is important to understand the different options available. Which one offers the services and benefits that most effectively fulfill company goals?

These are the available options for outsourcing:

  • Offshore – refers to sourcing devs and other resource needs from a region far away from the place of origin. US companies often outsource to India and Eastern Union in the offshore application development model.
  • Nearshore – services labor are sent out to a geographical region near to the origin. Still, it’s not within the same borders. In the US case, it would mean outsourcing to Latin American countries.
  • Onshore – describes the strategy of assigning roles and services to a company located within the same geographic borders.

Offshore vs Nearshore Outsourcing – What’s the best model for me?

If you are looking for iterative and Agile development strategies; cooperative development procedures; fast and easy communication; rapid prototyping; and user-centric design, nearshore is the option for you. For these reasons and other essential factors, nearshore is the best option for outsourcing.  We’ve laid out the three major reasons for why this is the case, and how your company can benefit from pursuing a nearshore outsourcing model.


If you want to know more about it, take a look at our webinar “Tips to maximize outcomes from outsourcing”. You will learn how to prepare your company for an outsourcing strategy. UruIT has worked with nearshore outsourcing for over a decade and our clients believe this is a great option to boost results and reduce risks.


3 Major Reasons Why U.S. companies choose Nearshore Outsourcing

#1. Cost-Efficiency

For a process like outsourcing web and mobile application development and design, reducing costs is often the priority. In fact, a Deloitte survey revealed that 59% of businesses that outsource did so for cost-cutting purposes. In the IT sector, this number jumped to 87%.

Utilizing a nearshore outsourcing option for mobile and web development is cost-effective. Meaning this method provides advantages in both the initial cost standpoint, and in its risk-averseness. There are a few factors to watch out for that contribute to the cost of delivery, as enumerated in a recent Everest Group study:

  • Scalability
  • Language skills and proficiency
  • Tech skills
  • Types of services
  • Complexity of work
  • Geography served
  • Talent offering
  • Choice of location

By hiring a foreign development team in a nation not too far from home, you can still reap the benefits of lower costs regarding all of the above when compared to sourcing onshore within the U.S.

Additionally, nearshore outsourcing avoids the quality concerns associated with offshore apps development. Nearshoring outsourcing in Latin America is especially attractive for US companies seeking cheap outsourcing options. With financial attractiveness being the most important feature of outsourcing factors, a 2016 A.T. Kearney Study ranked six Latin American countries among the top 20 in fulfilling these aspects.

Evaluating the best investment

If we compare, onshore outsourcing is the most expensive outsourcing option. Though it is still cheaper than internal hiring, native restrictions, wages, and other factors remain to run up costs. In the U.S., where even the minimum wage (which is often lower than what an IT professional–even an outsourced one–charges) exceeds the rate of offshore or nearshore talent. Therefore, onshore outsourcing can be a costly endeavor.

Offshore software development, though cheaper than onshore by 40-55%, often includes hidden costs that arise from doing business in such a faraway nation. As demonstrated in the Everest Group study, the complexity of the work in terms of it being judgemental vs transactional, the quality of skill required (generic vs niche), and experience level (entry vs experienced) can contribute to higher costs.

Whenever an issue arises with an offshore app development partner, the costs of handling it can add up to the point of offsetting the funds saved at first. Geography served and choice of location are the Everest Group delivery cost factors to be wary of. And keep in mind: When outsourcing app development, problems are likely to arise. It’s the nature of conducting business externally; hence the importance of constant communication. Problem-solving becomes more difficult (and costly) when there is a language, time, and/or culture barrier.

#2. Skilled Labor

In some cases, there aren’t even enough qualified, internal employees to cull from. In IT, this is especially true: A study of HR managers revealed that 86% of them have difficulty hiring for technology-related positions in companies. Additionally, technology businesses require a level of skill and experience that is unprecedented in other industries. Concerns over H-1B visa are the latest obstacle to offshore IT development, presenting employers with a further dilemma even once they’ve made the decision to outsource. As a result, finding a federally-approved source of labor, and a skilled one at that becomes a major factor pushing application development companies to nearshore outsourcing.

Nearshore outsourcing can provide the skilled, foreign web development team a company requires. And it is at the same level of onshore labor but at a fraction of the cost. Latin American nearshore outsourcing, in particular, has the resources and development necessary to cull a team of experienced developers.

This information was recently published by Focus Economics. A major reason for this development was the greater emphasis on technology and the benefits of free trade provided by NAFTA and CAFTA. $31.5 million in venture capital was distributed among 1,333 startups in the region in 2016, and major investment companies like HCL, Infosys, and Wipro were in the area as of 2015. Furthermore, the Internet penetration rate reached 61% in 2015 (far ahead of the global average of 45%).

Top-notch talent

All of these internal conditions allow for the domestic labor force of Latin America to increase their skill level by making the technical resources more readily available. With economic development comes greater access to the tools, education, and experience software developers need to become more adept. As a result, Latin American is an appealing option for hiring skilled app coders that are becoming increasingly capable due to domestic conditions.

Onshore outsourcing presents an option for hiring labor within borders, which often ensures a high level of quality. However, this method is only recommended for companies with enough funds to allot to outsourcing, as it is also the most expensive. Additionally, onshore outsourcing doesn’t necessarily mean avoiding the same pitfalls as other outsourcing options. Because the labor force is still working remotely, so communication is challenging anyway.

For 28% of businesses that rely on outsourcing for core business functions, offshore app development is probably not the right choice. Ensuring a high standard of education and experience is difficult when working with a company so far away. Besides, other barriers, from language to cultural, result in a deficiency of reliable, skilled workers.

#3. Geography and Its Implications

The role geography plays in outsourcing is often overlooked for the cost benefits. However, how near or far a region in differentials like time zone, culture, and language. These factors play a major part in determining the overall effectiveness (and pleasantness) of apps development outsourcing.

Nearshore outsourcing addresses all three implications of geography in the outsourcing procedure. To begin with, most of Latin America is on the same or very similar time zone as the United States. Being in the same time zone allows communications to occur on the same schedule. As a consequence, it encourages greater cooperation throughout the development process.

Cultural and language similarities are key for ensuring standards. Therefore, both ends understand the goals and communicate well. Language and cultural barriers can cause frustration and higher fees (e.g. miscommunication about costs), so it pays (literally) to outsource development to Latin America.

More info in the EF English Proficiency Index.

Culture & other limitations

For iterative and innovative software development, traveling is a crucial part of the quality assurance process and product development. The costs of traveling to and from the U.S. to Latin America vs India or China are very different. From New York City to Mumbai, the average price is over $800 and average flight time is approximately 15 hours (nonstop). Traveling to Colombia, meanwhile, is on average a three-hour flight and costs only $250.

Offshore app development presents the greatest risks when it comes to geographic consequences. Countries are often far away, with extremely different languages and cultures. As a result, companies that go the route of offshoring often experience miscommunication that leads to slower turnaround. Other problems that come out are low productivity and an overall unpleasant experience. Building innovative apps requires an understanding of the native users’ culture. Nearshore outsourcing to Latin America accomplishes this task because the U.S. and Latin America share similar media, consumption habits, and even history. Thus, it is easier to understand the more nuanced aspects of an American app user’s behavior when developing the product.

Nearshore outsourcing presents the most viable options considering cost, labor, and geography.

These are the most important aspects to any business pursuing this method. By keeping prices low, having a similar language and culture to the U.S. to prevent miscommunications. Also, having a developing economy spurring the growth of a skilled labor sector, Latin America provides everything an outsourcing IT company should be looking for.

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Queppelin is an Augmented Reality and Virtual Reality Development Company founded by serial entrepreneurs who are proud geeks. Our tech platforms have been showcased at Mobile World Congress, Barcelona and have impacted millions of users worldwide.


#3 Dreamstel Technologies

http://bit.ly/2ox57xZ

Dreamstel Technologies is a leading global IT solutions & services company, headquartered in NSW, Australia, with development centers in Noida, India. Certified and ascertained as an ISO 9001: 2015 company, Dreamstel has been passionately helping businesses grow to become recognized entities, since the year 2005.

IT Outsourcing: Key Insights, Benefits, & 3-Step Procedure

IT outsourcing is popular among companies of all sizes. The Spending and Staffing Benchmarks study for 2018-2019 found that larger companies had increased spending on nearshore software outsourcing from 6.3% to 8.7%, while medium companies increased their investment into technology outsourcing from 4.7% to 6.5%.

These days, information technology outsourcing has become a common practice among companies from all over the world. The global market size of IT outsourcing services reached $85.6 billion in 2018. There are many reasons why they choose to outsource, from the ability to reach a more diverse talent pool to cutting costs.

Looking for the Best Offshore Developers?

If you’re searching for the best offshore developers, you’re probably overwhelmed by companies pitching their services from all over the world. One easy way to narrow the choices (assuming you already know your tech stack) is to focus on the regions that are most likely to have excellent resources in the technology platform of your choice.

We evaluate hundreds of companies annually and while there are plenty of exceptions, we do see some reliable trends that can help direct your search.

All Offshore Development Destinations Are Not Equal

If, for example, you are looking for enterprise development skills such as .Net, C#, or Java you’ll definitely want to stick to regions with a mature IT outsourcing industry, strong university system, and some big players who are already outsourcing there such as IBM or Microsoft. The simple reason is that good enterprise developers will usually need to learn the ropes from inside a big, stable firm rather than a startup or a boutique shop. We see mature outsourcing ecosystems like this in places like Kiev, Minsk, or Mumbai. A city or country that is just starting to build their outsourcing ecosystem may not have enough of these large, structured companies to support a community of developers that can excel in enterprise work.

Young, Trendy Cities Have More Ruby, Python, and Node Developers

If you’re involved in a startup, there’s a good chance you’re looking for node.js, Ruby or Python developers, or some other technology that is bit hipper and more aligned with startups. Software outsourcing firms who specialize in these newer-stack technologies seem to be a bit smaller, younger, and less formal (i.e. decidedly not enterprise level companies). You’ll find the best offshore developers with these types of skills in cities that have lots of IT graduates and the critical mass required to build a ruby or python community of developers. Look for things like Meetups and other events as evidence that you on the right path. We see great software teams and software companies for technologies like this in places like Sao Paulo, Tel Aviv, & Krakow where there is a vibrant community for startups, but not so much in places like Sao Paulo where enterprise work rules the day.

Look at Upstart Outsourcing Regions For Newer Skills Like Meteor.js or Bitcoin

Ok, for enterprise skills follow the suits and for newer technologies follow the hipsters — but what about if you’re searching for a harder to find skill, like node.js, meteor.js, bitcoin, or coco2ds-x?

To find the best offshore developers with these skills, it’s easier to predict where you won’t find them than where you will. Simply put, the hottest skills are the the ones that will be snapped up by the big companies, which will reduce availability of developers available for outsourcing clients.

In a place like Delhi or Bucharest, an effort by companies like IBM to develop a node.js or mongodb practice can take just about every great JavaScript developer off the market, leaving only the freelancers and junior developers. It will take a few years before these skills are readily available for outsourced development, but they are probably available today in smaller regions that aren’t dominated by the big players. So, look for cities that have a strong startup ecosystem and lots of younger developers who love using cutting edge platforms.

Resource availability worldwide is always in flux, so the above observations are not meant to be hard rules as much as examples of how you might use your technology platform to inform your hunt for the perfect outsourcing team. Using this kind of approach will hopefully help speed up your elimination round and reduce the pain of the vendor hunt!

5 Industries Perfect for Outsourcing Software Development

Curious if your business or upcoming project will make a good fit for outsourcing? The truth is that most software development projects are successful with the right team. However, according to a recent SourceSeek survey, these 5 industries are best for outsourcing software development. The entire report, which contains data from over 600 software development teams from across the globe can be found on Clutch.

E-Commerce

This may seem obvious, but the data shows that E-Commerce is truly perfect for outsourcing. According to our report, 18% of teams list E-Commerce as one of their top-3 specialties — nearly 50% higher than the next closest specialty. What’s even better is that the average hourly rate for top notch E-Commerce specialists is only $29/hour, 7% below the average for all offshore development.

Finance/Banking

Financial Technology (FinTech) continues to make news with the widespread adoption of new consumer-facing technologies. Betterment, WealthFront, Mint.com, as well as world-changing ideas like BitCoin are making a dent in this legacy industry. Development teams are catching on to these trends, and 13% of survey respondents report Finance/Banking as a core expertise. While, the $33/hour average these teams charge is slightly above average for offshore development, it’s still a bargain given the complexity of many finance and banking applications.

Healthcare

Everyone is waiting for the heath care industry to modernize. Our data shows offshore teams are a great way for healthcare companies to upgrade their technology at a reasonable price. 12% of survey respondents identify healthcare as one of their top specialties, and with an average hourly rate of $30, healthcare companies would be wise to look offshore for development talent.

Education

Similar to healthcare, the education industry is infamous for slow technological adoption. Schools, teachers, and universities need better software but often lack the funds or skills to produce it themselves. That may be changing, however. Over 8% of survey respondents have an expertise in education technology (EdTech), and only charge an average of $30/hr. That is a rate even educational organizations with small budgets should be able to afford.

Entertainment/Media

It’s no secret that the internet an entertainment are made for one another. From live content, to steaming movies, to video games, it’s safe to assume new and novel entertainment sites will continue to pop up with frequency. It’s a competitive market, but one area to gain an edge over competitors is development costs. By using an offshore team, you could pay just $34/hr for teams with an average of 8 years of experience in digital media/entertainment.