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Offshore Software Development Companies in 2022

With the tech world getting more competitive by the minute, companies are expected to bring to the market quality products at lower costs and via shorter development times. These high expectations on tech companies and businesses has led to the emergence of the offshore software development model; a boon to companies across the world. These offshore software development companies help businesses bring to the market quality software solutions in a short span of time and yet keep their overhead costs low. With deciding to go for an offshore software development company over in-house developers quickly becoming the norm, the challenge lies in choosing the right company in the right country that matches the needs and requirements of the client. Here at Selected Firms, we have put together a list of the best offshore software development companies that can help you build quality software products at affordable prices.

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Offshore Software Development Companies

Magneto IT Solutions

Empowering Digital Transformation

5.0 (31 Reviews)

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Suite 1402-182, 347 Fifth Ave, New York

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50 - 249

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$50/hr

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$10,000 - $25,000

Magneto is an award-winning eCommerce agency. Our core competencies lie in developing market-leading end-to-end B2C, B2B eCommerce solutions development, ERP, CRM integration & Digital Marketing. From creating strikingly beautiful web stores to innovative mobile applications, our team uses the agile methodology to develop industry-leading User Interfaces to deliver the perfect experience to the end-user. Using our resource strength of 90+, we help our clients scale their eCommerce businesses by implementing ground-breaking Digital eCommerce solutions. We help our clients increase the efficiency of their in-house team by improving and streamlining their customer acquisition and retention practices. We are closely working with eCommerce ventures since 2011 and he has helped 200+ brands for building/improving their online ventures in the area of UI/ UX, Development, Launching, Revenue Enhancement, Marketing strategy, and much more and 90% of ventures are generating very good revenue.

Startbit IT Solutions Pvt. Ltd.

Designing The Future

5.0 (11 Reviews)

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C-6/82, Chitrakoot, Vaishali Nagar, Jaipur-302021, Jaipur

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50 - 65

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$18/hr

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$500 - $2,500

Startbit IT Solutions Pvt. Ltd. an ISO 9001 and 27001 certified company, is a Global IT Services provider company with expertise in outsourced product development and custom software development focusing on web app development, mobile app development, and tailor-made solutions, etc. We consistently deliver offshore outsourcing solutions, quality software products, and solutions to start-ups, mid-size and large enterprises worldwide. We have 1400+ satisfied clients worldwide. We develop web, windows, and mobile applications using all the latest technologies i.e. Microsoft Technologies (ASP.Net, C#, VB.Net, Azure, Entity/MVC framework, SSRS, Crystal Reports, etc.), MEAN Stack, Front-end, PHP, WordPress, Magento, Shopify, Ruby on Rails, Android Development, iPhone development, Hybrid mobile app, etc. We have a team of 55+ members, having expertise in web application development, framework knowledge, project management tools, and all required documentation. We are a young, nimble team with a passion for delivering superior software solutions, products, and customer services. Our team is well qualified and dedicated to work; most of them are certified by Microsoft and Sun Microsystems. Being a customer-driven company, Team Startbit constantly strives to provide the highest quality services to its customers.

BairesDev

Powered by Technology. Driven by Talent.

0.0 (0 Reviews)

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2 Embarcadero Center, San Francisco

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1,000 - 9,999

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$50/hr

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$50,000+

We are the leading Nearshore Technology Solutions company. We architect and engineer scalable and high-performing software solutions to meet the business challenges of our clients. Using our tech expertise and cross-industry experience, we evolve digital transformation into digital acceleration. Our ultimate goal is to create lasting value throughout the entire digital transformation journey.

Belitsoft

Custom software development ISO:9001 certified.

0.0 (0 Reviews)

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ul. Elektoralna 13/103, Warsaw

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250 - 999

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$25/hr

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$10,000+

Belitsoft is a software development company with HQ in Poland, Warsaw. We have 400+ software developers, testers, project managers, business analysts, DevOps distributed between Poland, Latvia, Georgia. We are a reliable partner for our clients in the United States, UK, Europe, including both small businesses and companies with thousands of employees.

BYTRIX - Technologies

A One-Stop Solution to All Your Technical Needs

0.0 (0 Reviews)

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Suite 350, 9160 Forum Corporate Pkwy, Fort Myers, FL 33905, United States, Fort Myers

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10 - 100

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$50/hr

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$5,000+

ByTrix Technologies offers professional 3D game design and development services for creating entertainment products for every platform. Unity is by far the world's best real-time game development platform, and we use it to guarantee your success. Our team of qualified experts is proficient in game art, design, Unity 3D, Unreal Engine, RGP story games, character design, and programming. In short, we have command over everything you need to create a successful game and everything you need for an app to succeed.

Techigai

Where Technology Meets Purpose

0.0 (0 Reviews)

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7924, Preston Road, Plano

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250 - 500

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$$ 30 - 40 USD/hr

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$0+

Techigai is a global IT consulting and services firm that offers impactful technology solutions to help growth-oriented businesses across industries lead their markets. We help our clients accelerate their digital transformation journey through custom software development, product engineering, data analytics, cloud enablement, AI & automation, and technology advisory services. Our mission is to deliver empathy-driven software solutions without any last-minute surprises to our customers worldwide. We strive to achieve this with integrity, deep commitment to quality, and mutual respect towards our customers, partners, and employees.

CSSChopper

Your Technology Partner

5.0 (1 Reviews)

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477 Madison Avenue, 6th Floor, New York

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199 - 398

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$25/hr

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$25 - $99

CSSChopper is a well-established web development company with a team of 200+ members. Since our inception in 2009, we have grown exponentially with 7500+ happy clients and 9000+ project deliveries.    We offer web development, eCommerce development service, and dedicated developer hiring. We cater to all businesses ranging from startups to enterprises. With expertise in technologies like WordPress, Shopify, Drupal, Magento, ReactJS, AngularJS, PHP, Python, etc., we can build innovative web development solutions.    Key services we provide include AngularJS development, ReactJS development, WordPress development, Shopify development, Magento development, and custom web development. You can hire web developers like WordPress developers, Shopify developers, PHP developers, etc.   

Anadea

Game-changing apps start here!

0.0 (0 Reviews)

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Alicante, Calle Clara Campoamor, 12 Alicante (Alacant), 03540 Spain, Alacant

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150 - 200

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$50/hr

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$10,000+

Anadea helps build a solid basement for your tech business. Both web and mobile, we guarantee you'll get the custom solution users will like and the market will accept. Together, we change the way people do things, for the better. For inspiration read https://anadea.info/for-clients For the industry experience proof check https://anadea.info/solutions To check if there's something like you want to build visit https://anadea.info/projects And if you prefer to talk about your project in person, we'd be glad to find your request here https://anadea.info/free-project-estimate Have a great day! See you Key services: Web design | Mobile apps development | UI/UX design | QA and testing | Discovery Phase | Project audit Technologies we work with: Ruby on Rails | Python | Java | JavaScript | React

Biztech Consulting & Solutions

Agile Extended Team for Your Next Innovation

0.0 (0 Reviews)

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2600 West Olive Ave - 5th Floor, Burbank

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250 - 500

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$25/hr

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$5,000 - $100,000

With over 15+ years of experience and 1200+ successful projects, BiztechCS is an ISO 27001 and ISO 9001 certified company. We are on a mission to help businesses like yours get ready for tomorrow.

CodeRiders

You trust, we solve.

0.0 (0 Reviews)

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41/3 Holy Abgar King Street, Yerevan

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15 - 20

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$25-40/hr

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$5,000+

CodeRiders is a custom software development company with a variety of technology stacks, software solutions, and an individual approach to each professional, business owner, or organization that requires web or mobile applications. We are a team of technology experts and IT enthusiasts whose aim is to provide quality software solutions and services that facilitate everyday work and automate manual business processes. We deliver services to small and medium companies, and startups, as well as are open to discussing partnership opportunities with large enterprises. We have delivered 290+ completed projects, worked with 30+ clients across the world, and have 170K+ users to date. Our service and solution list include but is not limited to: – Web development and design – Mobile development and design – Custom software development – Software outsourcing and IT consulting – E-Commerce development – ERP development – CRM development – Business intelligence solutions development – API integrations solutions – Real-time solutions – Big data & analytics We are partnering with companies worldwide to help them with development teams or individual developers with tech stack like PHP, Laravel, JavaScript, Node.js, Vue.js, Angular, React, C#, .NET, Python, Ionic, Flutter, WordPress, and not only. At CodeRiders we value our team as an important asset in the software development business. Our team mostly consists of CodeRiders students who knew each other during their studies before making the team. This helps us build a healthy and friendly relationship in the team spirit. All of the members of the founding board were childhood friends, so the feeling of a friendly atmosphere is in the roots. Don't hesitate to contact us whether you are in need of custom software development, or you are simply looking for a tech team to join your current projects!

CrawlApps Technologies Pvt. Ltd.

We Build Web & Mobile Applications. Beyond your imagination.

0.0 (0 Reviews)

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A-706, RJD Business Hub, New Pushpakunj Society, Katargam, Surat, Gujarat 395004, Surat

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1 - 50

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$20/hr

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$1,000 - $10,000

CrawlApps Technologies Private Limited. (Established in 2018) is an end-to-end e-business, mobile app, and web solutions providing company. We exist to innovate solutions and services to help you gain a competitive advantage and show you the way forward to a successful digital future.  

Desuvit

Your trusted IT Solutions Partner that you can count on.

0.0 (0 Reviews)

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Skullerudbakken 42, 1189 Oslo, Norway, Oslo

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10 - 49

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$25-50$/hr

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$20,000+

Desuvit AS is a Norway born IT solution company delivering quality-driven services across Europe, having an Offshore development center in India. As an IT solution company, we offer a full range of Mobile Application Development, Web Portals, Turnkey Solutions and .Net custom solutions for a wide variety of verticals and business domains. We are a team of experts who are passionate about IT and love solving business problems. We have 15+ years of experience working with companies of various sizes and executing small, medium, and big size projects. This experience has enabled us to be cost and time-effective while maintaining quality. At Desuvit, we put our clients first and believe in establishing long and trusted relationships with our clients which is more than a business transaction. We help you to solve your business problems so you can sleep better. We deliver solutions on a variety of technology platforms to organizations across industry verticals. We work with multiple technologies so we can choose the right technology for the right use case. Some of the technologies we work with are: React Native, Ionic Framework, React JS, TypeScript, Angular, .Net, Azure, NServiceBus, Azure Service Bus, Azure Queues, MS SQL, Azure Table Storage, MongoDB etc. Share the details of your project – like the problem you want to solve. Scope or timeframes. We will get in contact with you so we can discuss and be part of your journey to solve your business problem or grow your business.

Folio Manager

Leading digital marketing agency in Australia

0.0 (0 Reviews)

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Fairfield Rd., Brisbane

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5 - 15

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$65/hr

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$1,000 - $15,000

Folio Manager is an Australian owned business and we offer our digital marketing and other services across Australia. You can contact us from any part of Australia and we will get the job done for you. We provide real figures, real performance targets, real revenue growth, and real return on your investment.

Jploft Solutions

Best Mobile App Development Company

0.0 (0 Reviews)

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B-3, Sundar Nagar, New Sanganer Road, Opposite Patel Marg, Mansarovar Extention, Jaipur

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50 - 249

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$25/hr

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$5,000 - $50,000

Being the best IT consulting company, JPloft solutions Pvt Ltd delivers high-quality mobile app development solutions according to client’s needs across the world since 2015. Having a team of 100+ highly skilled and experienced IT experts, the agency has been growing with the digital ecosystem to support every stage of the product life cycle. They Develop next-level digital products that fulfil business requirements and enhance the user experience. The company offers end-to-end IT solutions including native mobile apps, web development, voice interfaces, and cross-platform. JPloft Solutions has spread its wings globally with its offices in the USA, UK, Australia, New Zealand and all other regions worldwide that outsource IT services. The firm has a vision of becoming the most reliable IT consulting service provider in the world. To achieve this vision, the agency adopts new and trending technology that meets market needs. The company’s biggest strength is its team which dedicates to their work and delivers the best solutions on the time.   Being the best IT consulting company, JPloft solutions Pvt Ltd delivers high-quality mobile app development solutions according to client’s needs across the world since 2015. Having a team of 100+ highly skilled and experienced IT experts, the agency has been growing with the digital ecosystem to support every stage of the product life cycle. They Develop next-level digital products that fulfil business requirements and enhance the user experience. The company offers end-to-end IT solutions including native mobile apps, web development, voice interfaces, and cross-platform. JPloft Solutions has spread its wings globally with its offices in the USA, UK, Australia, New Zealand and all other regions worldwide that outsource IT services. The firm has a vision of becoming the most reliable IT consulting service provider in the world. To achieve this vision, the agency adopts new and trending technology that meets market needs. The company’s biggest strength is its team which dedicates to their work and delivers the best solutions on the time.  

NEX Softsys

Offshore Software Development Company

0.0 (0 Reviews)

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Royal Square, 1st Floor, Off No. 110, Nr. Shilp Tower, Tagore Road, Rajkot

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100 - 200

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$25/hr

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$1,000 - $25,000

NEX Softsys is a renowned software development company that offers software development services, Java Application development services, Magento development services, ASP.Net development services, Big Data Related services, Microsoft dynamics 365 implementation services, etc. Since 2003, we have been and will continue to provide the industry-best digital IT services to our clients. We have a team of experts that are highly skilled in the latest and trending technologies.

Nimblechapps Pvt Ltd

Enterprise App Consultant

0.0 (0 Reviews)

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529, Iscon Emporio, Jodhpur Cross Road, Ahmedabad

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50 - 60

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$25/hr

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$5,000 - $100,000

We are a mobile & Web application development company that cares. We assist startups thrive by providing both business and tech insights. Begin your partnership with outsourcing mobile and web application development company in India today. Nimblechapps converts ideas into technological reality.

RepuNEXT

Your Reputation to the Next Level

0.0 (0 Reviews)

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D.No.24, Plot 41A, 2nd Floor,, 6th Main Road, RamNagar North Ext, Chennai

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15 - 20

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$25/hr

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$200 - $4,000

Repunext is awarded as the “Successful business of the year 2022” by IIVA and recognized as the “Top 3 Web Designers 2021 & 2022” in Chennai. They are best at creating highly responsive and SEO-optimized web designs. Repunext team has proficient developers who can develop and design static as well as dynamic websites for both B2B and B2C. They are having 5+ years of experience in offering IT services including web applications, app development, e-commerce, Chat-bot, Content writing, software development, software development, and also Branding services. They are said to be very specialized in Web development, CMS Web designing, and SEO services for which they got recognition recently. Currently, they have completed more than 2000+ Projects including offshore (UK, USA), 300+ Active Clients, 100+ SEO projects, and 200+ other services. Repunext focuses on delivering 100% guaranteed and reliable services with a customer-centric approach. The 1000+ genuine review from their customers defines their integrity and seamless services.

Smart Soft Team

SST

0.0 (0 Reviews)

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Võru tn 11 Tallinn Harjumaa 13612, Tallinn

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50 - 250

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$35/hr

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$5,000+

Smart Soft Team - Estonian IT company. We specialise in full-service software development with expertise in health & medical, sport & fitness, automotive, employment & recruitment spheres. Providing services - Development of websites, web solutions, chatbots, mobile applications and PWA Project prototyping and management UX/UI prototyping and development System and business analysis Providing a dedicated development team

SunTec India

Multi-Process IT Outsourcing Services Since 1999

0.0 (0 Reviews)

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1968 S. Coast Hwy #499, Laguna Beach CA 92651, Laguna Beach

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250 - 500

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$<15-25/hr

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$1,000 - $5,000

Drive your business towards growth and expansion with custom-crafted end-to-end IT services by SunTec India. With 20+ years of extensive industry experience, 7800+ global clients, and a 95% retention rate for completed projects, SunTec India is the one-stop destination for your IT outsourcing requirements. The company offers a full spectrum of multi-process outsourcing services. It includes app & web development, digital marketing, image editing, ePublishing, data entry & management, catalog management, eCommerce web development, hire dedicated full stack developer, etc. The dedicated resource pool at SunTec India functions as an extension to the in-house team and takes great pride in being a part of clients' success journey. Moreover, the company uses the industry's best tools, technology, software, and time-tested business processes to ensure optimum work accuracy. Partner with SunTec India for bespoke multi-process IT outsourcing services. 

WPWeb Infotech

Trusted and Reliable eCommerce & Web Development Partner to Empower your Business

0.0 (0 Reviews)

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704, City Center 2, Nr. Sola Over Bridge, Science City Road -380060 Ahmedabad, Gujarat, India, Ahmedabad

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50+

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$15$/hr

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$15 - $25

WPWeb Infotech is a leading Web Development & Mobile App Development Company based in India and USA. It excels in offering elegant & profitable web solutions for a global clientele. We offer a one-stop solution that includes comprehensive technologies like PHP, WordPress, Shopify, Magento, Codeigniter, Laravel, Drupal, React, Angular, Node.js, android, ios, and flutter assisting businesses to build their brand. 

Ascent24 Technologies

One-Stop Destination for Digitalization!

0.0 (0 Reviews)

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Door No. 7 & 8, 1st Floor VV Complex KS Ramasamy Street, K K Pudur,, Coimbatore

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12 - 25

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$<25/hr

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$10,000+

Ascent24 Technologies is an offshore custom software development company specialized to design, develop, and deploy custom software solutions, with the trending and on-demand technologies. We've worked with startups, small, medium, and large businesses, travel agencies, and have helped them to simplify their digital presence with our unique and affordable digital platform.  SaaS Solutions Cloud Solutions Mobile Applications Custom-built Solutions API Integrations eCommerce Website Website Applications Desktop Applications Website Modernization Custom-built Solutions

Competenza Innovare

Think innovative, Deliver excellence

0.0 (0 Reviews)

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815 E Fremont Avenue #59, Susanville

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10 - 49

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$25/hr

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$5,000+

Competenza Innovare is a fast-growing software & mobile app development agency that provides highly profitable solutions to customers all over the world. Small to big, fairly complex to highly complex, our developers can handle projects for every kind of business. We love our customers and providing IT solutions with 100% client satisfaction is always our top priority. Also, our team is specialized in technologies like .Net, Mobile App development (Android, iOS, Hybrid), UI/UX Designing, Digital Marketing, Web development, and more to cater to every business need. We have worked with clients of different nationalities including the USA, Canada, Australia, China, Singapore, New Zealand, and more. This has allowed us to understand our client's needs and problems in a better way and form a more reliable solution for them. If you have a query then you can send us an email: ? [email protected] Or you can call us at ? +91 9509617327 We would love to help you.

Confianz

We Develop High Quality Software Solutions

0.0 (0 Reviews)

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128 S Tryon St, 21st Floor, Charlotte

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50 - 249

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$25/hr

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$5,000+

Confianz Global, DBA StackBench, is a global enterprise established strongly in the USA and India that provides quality software services to clients in over 50 countries around the world. We are an interactive, reliable company which thrives on the satisfaction we provide our customers. We build end-to-end integrated solutions for a complete automation experience that promotes business growth. Our solutions range over multiple domains including ERP systems, custom-built solutions for web/mobile and dedicated product builds. We have a definite focus on ERP implementation using OpenERP/Odoo and are equipped with the right resources and expertise to streamline and perfect software for your business.

Cuelogic

Software Product Engineering

0.0 (0 Reviews)

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134 W 29th St, #905, New York

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250 - 999

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$25/hr

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$25,000+

Cuelogic focuses on world-class software engineering by building Cloud Native & Data-Driven applications for SMEs to Large Enterprises. We are a technology-driven agile organization focusing on building and managing software products using cutting technology to leverage scalability and cost advantages. Our team comprises of skilled Ops-enabled Full Stack Software Engineers and consultants to work with you on complex problems around Software Application Development, Cloud Computing Services, DevOps, Testing Automation and Big Data Engineering.

DevnDesigns

web designs services

0.0 (0 Reviews)

Inside Service Listing

ABBOTT, TEXAS, Austin

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11 - 20

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$10/hr

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$1,000 - $2,000

We are the leading website design company in  Pakistan which offers a wide range of services to our clients that include website designing, website development, mobile app development, software development, graphic designing, SEO, and much more. Our experienced team of web designers and developers aims to create user-friendly, fast, and premium website solutions to strengthen your brand’s online presence. We understand that a creative and high-performance website greatly contributes to enhancing your brand’s visibility. That is why our website development company ensures to create state-of-the-art and advanced web designs that give your business a competitive edge. 

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What is an offshore software development company? Why do companies use offshore software development companies?

Offshore software development is when a company hires a company with a dedicated software development team to take care of all its custom software development needs. Offshore software development companies provide companies and businesses with custom built software and dynamic web and mobile applications, helping with benefit with significant cost savings and business process optimization. Offshore software development companies have dedicated software development teams that have expertise in catering to the varied requirements of clients from simple coding to custom software development services, application migration, mobile app development and digital product development.

Offshoring software development tasks is fast becoming not just a viable option for businesses and companies but rather a norm. So, what makes offshoring software development such an attractive option and why do companies prefer it?

Given the rapid pace at which the tech industry is growing, deciding to offshore software development is a natural business move and it is done for two main reasons – technology and cost. By outsourcing a range of software development tasks to an offshore firm, companies no longer have the uphill task of hiring employees, onboarding them and training them. At the same time, they get high quality software delivered in the shortest possible time reducing their time to market. Thus, the offshore model helps increase a business’s output and improve its technical expertise without investing extra resources or cost.

Pros and cons of hiring an offshore software development firm

The offshore business model comes with its own set of pros and cons, and any business should take note of both before going ahead with hiring an offshore software company. Let’s first take a look at the advantages of hiring an offshore software development company,

  • Higher Profit Margins: It is a very challenging and costly task to hire, train and maintain a full-time in-house software development team. By offshoring the development to a software development agency, companies cut the costs of hiring and training employees as well as the investment in IT infrastructure.
  • Access to experienced talent: Working with an offshore software development agency allows you to collaborate with experienced software developers who have years of expertise in their fields.
  • Faster time to market: Offshore software development agencies not only produce quality software products; they also ensure the development process is streamlined and efficient getting the job done in a shorter period of time. Hence companies can save valuable time and can shorten the product development cycle.
  • Scalability: One of the biggest advantages of working with an offshore software development company is that you can scale up or scale down on the project according to your changing needs and requirements. This scalability factor is not possible if you are working with an in-house software development team.

Now that we have taken a look at the advantages of outsourcing the software development to an offshore software development company, let’s look at the challenges that come along with it. The challenges that accompany the offshore software development model are,

  • Data Security: Ensuring data security and integrity is a growing concern around the globe and this can be a challenge when working with an offshore software development agency. The software development agency may not have the same security protocols and standards as your company leading to a serious concern regarding data breach.
  • Communication Gap: Communication gaps between the client and the software development agency can arise due to two reasons; the first and obvious reason being language barriers and the second being differences in organisational structure and work ethics. Overcoming this is essential to ensure that the project is a success.

Just like any other business model, software offshoring has both its pros and cons. So, companies have to do their due diligence and consider both the advantages and disadvantages before moving forward with deciding to hire an offshore software development agency.

Top 5 countries to hire an offshore software development team

With outsourcing the software development requirement slowly becoming less of a choice and more of a norm, the next big question is to where can we outsource the development to get the best possible results. Here are the top 5 countries that are popular destinations for outsourcing software development projects,

  • Ukraine: Reasonable prices, great communication culture and high standards of education make Ukraine the number one and the most attractive country to hire a software development company from.
  • Poland: Another attractive option in Eastern Europe to outsource your software development projects is Poland. A large experienced talent pool and affordable prices makes Poland one of the most popular countries to hire a software development agency.
  • Taiwan: With a huge pool of talented and experienced software developers that can be hired at affordable prices Taiwan is fast becoming an attractive option to offshore software development projects.
  • India: With one of the lowest market prices and a talented pool of developers India is one of the best budget friendly options for offshore software development.
  • Argentina: Quality education, good communication and soft skills and affordable rates make this south American nation one of the best destinations for offshore software development.

With plenty of choices to choose from, companies need look at their needs, requirements, regulations and compliances to decide the country and the company that best suits their business model and project.

Tips to find and hire the best offshore software developer

Hiring the offshore software development company that best suits your company’s needs, requirements and work ethics is the key in ensuring a project is successfully carried out. Here are few tips and pointers to help you make the right decision,

  • High Security Standards: Considering that collaborating with an offshore software development company means sharing highly confidential and sensitive data with them, it is important to ensure that the company has high security standards and protocols.
  • Experienced Software Developers: It is important to ensure that the team that will be working on your software development project is highly experienced and has the expertise required to handle the same. Companies can verify if the developers have worked on similar projects before and what have been the end results of the same.
  • Communication and skills: It is important for the client to ensure that there are communication or language barriers between the software development team and their point of contact in the company. It is also important to ensure that there is transparent and regular communication between both the parties to get the desired outcome.
  • Client Testimonials and Reviews: One of the best ways to vet potential software developers is by going through their client testimonials, reviews and experiences. This will give you a fair idea of what to expect.

Choosing the right offshore software development team for the project can male all the difference in ensuring a quality product. Hence it is important to do due research before signing on the dotted lines.

Cost of hiring an offshore software development company & the various pricing models available

The cost of hiring an offshore software development agency varies greatly from country to country and the cost is influenced by a number of factors. Factors such as the complexity of the project, number of developers required, experience of the developers involved, technical requirements and specifications of the project and the duration of the project influence the total cost associated with the project. The average cost of hiring a software developer in South America ranges from $ 35 - $ 70, $ 30 - $ 65 in Eastern Europe and $ 20 - $ 45 in Africa. There are several pricing models such as fixed price model, time and material model and dedicated team model that are used to bill the client.  

In the fixed price model, all the cost details are pre-determined and agreed upon well in advance, whereas in the time and material model the client is finally billed based on the total time and resources spent on the project. The time and material model is best suited when the requirements of the project are constantly changing.

In the dedicated team model, the cost is determined by the developers working on the project and the number of work hours they put in.

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