Offshoring software development is a hot trend in IT management, especially in countries where costs and competition for talent are high. But is it right for your business? In most cases, yes. Offshore software development benefits are enormous — enough to cut your budget in half and double your development speed, as a start.
Companies from major multi-nationals to the smallest startups are waking up to the promise of offshoring. They’re contracting with consulting firms in countries such as Ukraine, where a rich ecosystem of English speaking, highly educated developers are available for a fraction of the hourly rates they’d pay in US, or Western Europe. Freed from the costs and administrative hassles that come with adding to their internal headcount, companies are using offshoring to create flexible, scalable, global teams that can keep their development going, around the clock.
The benefits of hiring an offshore software development company are many. Here’s what to consider when you’re looking to put those benefits to work for you.
