Access to the Global Talent Pool
If you’ve been looking to hire software developers lately, you’re definitely aware that high-skilled developers are in high demand and low supply. The downside is that the developer crisis is only likely to deepen – the U.S. Bureau of Labor Statistics estimates that 162,900 new developers will be needed annually until 2031. And that’s not taking into account the positions that are already unfilled.
But here’s the thing – the developer shortage crisis isn’t global. The current (and more than likely future) market conditions necessitate a change in perspective. You shouldn’t expect to find American or Western European developers ready to take on your projects. On the other hand, if you access the global talent pool, you can expect to find developers with the skills you need. This is why you outsource development – to have access to the world’s experts.
Lower Rates, Same Services
But outsourcing software development isn’t just about finding developers that can get the job done, is it? It’s also done to cut costs and increase your profit margins. There’s no doubt that offshore software companies charge lower rates. The wages in these countries are lower, there’s less overhead, so they can get away with charging less, while still making a profit.
Yet, the lower rates beg the question – are they cheaper because their services are not as good? That would be a resounding no. They charge lower rates because it helps them stay competitive in the global market, that’s all there is to it.
Google outsources development to Argentina, Shopify to Brazil, Microsoft to Peru, Verizon to Ukraine, Apple to Romania, and there are hundreds more examples. Would these companies outsource software development if they were getting subpar services? The short of it is that the best companies from these countries are as good as any in the world.
Get the Job Done on Time
At the end of the day, the business world functions according to deadlines. Maybe you need a payment platform for your website to be up and running on the day of launch. You may need to transfer all of your information to the cloud to improve your security protocols. Maybe you need a custom mobile app to launch your product.
Whatever it is, you can’t wait until local development companies just happen to become available. And that’s the third main advantage of outsourcing software development – you can complete your projects on time. The best outsourcing companies offer entire dedicated teams of developers that can work on a tight schedule and get the job done according to your needs.
The Main Problem with Outsourcing Development
Yet, with all the benefits of outsourcing software development, there’s still one major hurdle you need to overcome if you’re going down this route – how do you find a partner that can meet your needs? This is where Global Software Companies come in. We probe, investigate, and examine so you don’t have to. So check out our curated lists to find a company you can outsource software development to.