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.Read Full Description
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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.
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,
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,
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.
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,
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.
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,
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.
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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