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    5 Reasons Why Companies Outsource Software Development

    Many companies require custom software to meet their business needs. In such situations, purchasing software already available in the market doesn't always work. Companies can consider building their own software from scratch, but it can be challenging.

     

    First, you need a software development team. You need to hire people, which requires a considerable investment of time and money. If you build an in-house software development team, you may not have enough work to keep them engaged at all times.

     

    You can outsource your software development to companies that provide such services. You can hire a team of software developers to work for you on a contract basis every time you have a project that requires your attention.

     

    A large and ever-growing number of organizations have decided to outsource their software development. Here are some of the main benefits that push companies over the edge when considering outsourcing their development:

     

    1. Saves on Software Development Costs

    Outsourcing software development is much more cost-effective than building an in-house team. When you hire full-time software development resources, you have to pay their salary and several overheads, including training costs, benefits, and recruiting costs.

    Consider the positive impact of outsourcing on your company's bottom line. When you outsource software development, you only pay for the service you get, which is the project's cost. This is a significant saving criterion because, with in-house teams, you have to pay regardless of the amount of work.

     

    2. Saves Time from Hiring and Training New Staff

    Recruiting and onboarding new employees takes a considerable amount of time. It is a slow and arduous process that can cause a lot of hassle and be expensive. Training them also takes a while. By the end, you'll have lost out on some golden opportunities.

    One advantage of outsourcing software development is instant access to a team of fully-trained experts. You won't have to spend time hiring and training them, and you can get your product out to market much faster.

     

    3. Decreases Risks

    Outsourcing software development also comes with fewer risks. A team of fully-trained professionals will already have the skills and experience to build your custom software. You won't need to allocate as many resources to them, and you'll still maintain access throughout the process.

    If you don't already have an in-house software development team, chances are it's not your core competency. Building a team can be risky when you don't have the necessary skills and experience. You can spend significant time and money on an in-house team only to have the project fail. This can be financially devastating, and you may or may not recover from it.

     

    4. Allows You to Focus on Your Business

    Simply put, most companies don't want to become software developers themselves. Your organization likely isn't equipped for software development. An in-house team divides your time and attention, which can hinder other business functions.

    By outsourcing software development, you can let an external dev team build the software for you. That way, you can focus on your strengths and grow your business without distractions.

     

    5. Improves Your Flexibility and Scalability

    Scaling up or down can be challenging for an in-house team. You may need to fire people when going through a lean phase. Conversely, where there is a spike in demand, it can be tricky to find readily available resources.

    By contrast, if you outsource software development, the external team can quickly adapt to the fluctuating needs of a project by allocating the necessary. Software developers can work on a contract basis if you need to scale up quickly or have a time crunch for a project.

    Save Yourself the Hassle – Reach Out Today!

     

    Outsourcing software development can be one of the best things you do for your business. With ExpertTal, you get access to best-in-class software developers ready to help you scale your business and deliver projects on time.



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    About the Author

    Kamal Rastogi is a serial IT entrepreneur with 25 yrs plus experience. Currently his focus area is Data Science business, ERP Consulting, IT Staffing and Experttal.com (Fastest growing US based platform to hire verified / Risk Compliant Expert IT resources from talent rich countries like India, Romania, Philippines etc...directly). His firms service clients like KPMG, Deloitte, EnY, Samsung, Wipro, NCR Corporation etc in India and USA.


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