Companies worldwide are seeing the benefits of shifting to more advanced technologies in order to level up their business, upgrade their operations, and ultimately boost their profits. They are increasingly becoming aware of the need to automate and take advantage of new software applications that not only streamline their processes but also enable them to reach their target market.

Whether you are an existing company or a startup, you have to stay abreast of the continuously evolving technology, so that you are able to achieve or maintain your competitive advantage.  You can do this by investing in new software or hiring a competent software development team to handle the digital solutions you have in mind.

However, software development is a labor- and capital-intensive undertaking. Most existing companies should think twice before putting their very own software engineers and developers to task. There are certainly advantages should they decide to outsource software development. Here are the top five reasons you should take on board an outsourced team.

Achieve cost-efficiency

The foremost consideration when upgrading your systems or acquiring new software applications is the resources you have to invest in hiring new talent who will undertake or oversee the project.  This would entail additional costs such as manpower expenses, as well as capital inputs in the acquisition of new tools and equipment.

On the other hand, if you outsource the project, you do not have to take care of the human resource issues, such as the salaries, benefits, employee training and development among others.  Likewise, it would not be necessary for you to acquire high tech devices, equipment, and tools, as all of these are available in an outsource company.  They have a pool of talents that would match your needs. They also have complete and even top-of-the-line resources for pursuing the project successfully. Make sure that your service provider is not only affordable but would deliver high quality output and create the software applications appropriate for your business. You can read our blog “10 Hidden Cost of Outsourcing” for more information.

Maintain focus on the core business

You may be confident that your own team of programmers and engineers can deliver the project. However, remember that they are already performing tasks and responsibilities significant to your day-to-day operation, such as ensuring that your current systems are working smoothly and efficiently. They are also on-call to fix emergency mishaps, such as breakdowns, errors, and other glitches that may compromise your operation. Hence, the timeliness and quality of the digital solutions you would want to develop or acquire may be affected by the constant distractions to your in-house team, particularly as they try to put together the new project.

In this regard, it would be advantageous to hire an outsourced company to do the work for you.  Meanwhile, your own people are free to focus on what they are already doing and contribute significantly to achieving your company targets.

Access new talents and highly skilled developers

Why bother engaging in a taxing and time-consuming recruiting and hiring process when you can instantly access new talents and competitive skills from an outsourced development company? By employing outsourced service providers, you can have access to globally competitive talents that would bring in fresh and new dimensions to your business, which your internal resources may not adequately provide. Likewise, if you are a newbie, you may be throwing away good money on bad investments, especially if you are saddled with traditional employees who may lack expertise and yet are part of your regular employees.

Access the latest technology

Information and computer technology continuously evolve, and new innovations are discovered and developed in a snap. If you are not a software development company, you may see no need to upgrade your resources (e.g. personnel, technicians, developers) or acquire new equipment and tools to help you stay on top. However, software development companies keep this strategy a top priority. Constant innovation, high tech equipment and tools, as well as top caliber and competent engineers, are considered their greatest assets.

Manage risks

All legitimate and well-known software developers assume not only responsibility in the development of applications that match your needs. They also make sure to address accountability issues. You do not have to worry about external pressures such as compliance to government regulations and policies. Likewise, you need not worry about the mishandled information of clients. There are dependable and reliable development companies that would not compromise their name and expose their clients to possible lawsuits due to negligence and improper procedures.

4 Characteristics of Great Agile Software Development Teams - Companies are Outsourcing Software Development

So, Why Companies Are Outsourcing Software Development?

There is no doubt that all doors that lead to successful businesses and enterprises are directed towards the capacity to adapt to the constantly changing environment. Thus, most companies’ plans and strategies include adopting new technologies and upgrading existing systems to keep up with market demands and customer preferences.  Whatever your needs are, when it comes to IT solutions, you can depend on Scio. Connect with us and discover how we can work to your company’s advantage.

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