Outsourcing a part of your software development, especially for start-up companies, nowadays seems to be a very important part in the advancement of the business.
Save your time
Now, whether you already have an in-house developing team, or you need to create one from scratch, big projects require a large chunk of your time.
In the case of an already present in-house developing team, micromanaging details of the product and losing focus from more important work will be a huge loss, as usually in-house developers are also a lot more costly. Getting help from outside of the company will not only save you money, but you will have the product out in a much faster time.
And since we already mentioned, if your company does not already have an in-house software developing team, this will get even more complicated. The hiring process is a dreadful period which can take up three to four months and a vast amount of financial resources. If you are in areas with a smaller population or in general small towns, the pool of potential employees with the required skill-set and extensive experience that are able to deliver good products might not be available at all.
Save your money
Offshore outsourcing companies have lower payment rates for the same required set of skills, sometimes maybe even better. Some larger companies actually start outsourcing just to be able to get into the market and have access to more skilled engineers, but in most cases it’s all about the money.
Lower-price is a factor that largely affects the decision of the companies mostly because if you save money in this aspect, there is more space to promote growth and development of the core team. Being able to afford unexpected overhead costs that the customers require will help expand the business and compete more in the market.