Any business that is contemplating outsourcing for software development is not alone. Nearly 65% of organizations outsource some or all of their application development functions, according to industry research by Avasant.
At the same time, outsourcing can feel intimidating. Companies may worry that their third-party partner won’t deliver on time or on budget, or that they’ll lose control of their own ideas and plans.
In almost every case, the benefits of outsourcing outweigh the risks. Outsourcing is becoming an increasingly integral strategy to remain competitive in a fast-moving economy. Not only does outsourcing ensure that companies get high-quality products without exceeding budgets and timelines, but outsourcing frees up the company itself to focus on higher-value work.
Let’s explore four key reasons why every business should consider outsourcing for all of its software development needs:
Outsourcing is a fraction of the cost
In an ideal world, businesses could afford to hire the best in-house developers – and continue to hire additional specialized expertise as necessary. But that’s almost never realistic.
Outsourcing represents a fraction of the cost of in-house development. Businesses that choose to work with an outsourced partner don’t need to worry about recruitment, onboarding, salary and benefits. The outsourced partner takes care of identifying exactly the right team and expertise for the project. And the partner gets to work immediately; there are no delays because of recruitment, onboarding or retention challenges.
The best outsourcing partners leverage both onshore teams and offshore teams to deliver for clients. Offshore support gives outsourcing partners access to the best possible talent – no matter where in the world it may be. Outsourcing also ensures that teams are available around the clock to support clients. Finally, offshore teams typically work at a fraction of the cost of onshore support – cost savings that gets passed directly onto clients.
Outsourcing unlocks rare expertise and experience
No matter how good an in-house development team may be, it cannot compete with the access to rare expertise and experience that an outsourced partner offers. An outsourcing partner’s focus is recruiting all of the right talent – no matter where in the world they may be – and then investing huge amounts of resources to specialized training and professional development.
As a result, outsourced partners never take shortcuts when it comes to performance, compatibility, security and scalability. They implement rigorous quality-assurance workflows to deliver robust code. They stay ahead of the latest technological advances. They are self-sufficient and dependable. And they know how to identify and remedy vulnerabilities and other smaller issues before they become bigger issues.
Outsourcing accelerates time-to-market
A software product that languishes in development is a useless product. And a useless product can quickly become not only a lost opportunity in a fast-moving marketplace, but also a financial liability.
That’s why it’s so critical to have access to an outsourced partner that can tap into exactly the right expertise and experience to deliver high-quality products at maximum speed. Accelerating time-to-market for a software product ensures an organization is making use of the product as rapidly as possible – to offer a new feature or capability to customers, to increase sales, to help the company realize its long-term goals for stability and growth.
Outsourcing is the most feasible path to scale
As a business grows, its software must scale with the business. But it’s often infeasible for businesses to scale software on their own – particularly at the speed that businesses need. In-house development teams cannot immediately increase server capacity, storage capacity, processing speed, and security infrastructure.
Outsourcing makes it feasible for businesses to rapidly and cost-effectively scale their software products. Outsourced partners take care of all of the planning, coordination, and management. They deploy all of the right resources at the right times. And perhaps most importantly, outsourced partners are proactive about forecasting demand: They often anticipate the need to scale before their clients do.
Final thoughts
No matter what reason a business is thinking about outsourcing, it rarely makes sense for businesses to take on all of their own software development projects. When businesses outsource software development, they benefit from high-quality services for a fraction of the cost of what an in-house team could offer, unlocking rare expertise and experience that an in-house team cannot match, accelerating time-to-market, and scaling to meet demand at exactly the time it’s needed.
At Outcode, we’re committed to ensuring that all of our clients take the most cost-effective, rapid, low-risk route to building and managing software. To learn more about how Outcode maximizes time-to-value for every software development project, please reach out to us.
