Software Outsourcing

Advantages and Disadvantages of Time and Material Contract (T&M)

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Building relationships with the client is the cornerstone of custom development. The right type of contract helps minimize risks and increase the chances of a positive outcome for both parties: the customer and the development company. Let's review one of the most common pricing models in outsourcing - Time and Materials contract.

What pros and cons are there if non-IT company hires an outsourcing company to develop there apps?

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The benefits of outsourcing can be substantial - from cost savings and efficiency gains to greater competitive advantage. On the other hand, loss of control over the outsourced function is often a potential business risk.

Vietnam is a favorite supply of IT outsourcing services to Japan

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According to a statistics from Japan's Ministry of Economy, Trade and Industry (METI), Japan has an average of over 100,000 engineers working in the fields of information security, cloud computing and mobile technology. For new technologies such as AI, Big Data, IoT and Robotic, etc., Japan will likely lack about 600,000 IT engineers by 2030.

9 Important Pros and Cons of Outsourcing to Vietnam

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Is Vietnam Good for outsourcing it? Vietnam software development outsourcing is a promising industry with many years to grow and a lot of potential to explore. In 2018, Vietnam exported $3.5 billion worth of software, according to the Ministry of Information and Communications. Vietnam is rated as the top 5 countries for software outsourcing, as of 2019.

Vietnam software outsourcing: Why it is a good choice?

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India and China, have established themselves as leaders in the field. However, the picture of outsourcing services has changed. Several new countries, including Vietnam, are becoming the rising stars in the IT outsourcing market. With strong investment from giant tech companies in the development of a skilled technical workforce, Vietnam is showing to be a promising destination for technology generally and for software outsourcing services particularly. Here is why Vietnam software outsourcing will achieve a top position in global software outsourcing in the very near future.

What are the advantages of Vietnam's engineering workforce in software outsourcing?

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For many foreign companies, software outsourcing to Vietnam is regarded as an effective software development solution due to its cost-effectiveness and high quality. When compared to developing software in the United States, companies can save up to 90% of costs by outsourcing to Vietnam.

How to estimate a software project efficiently?

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Costs of developing software vary and it’s absolutely logical – each project has peculiar features, the scope of work, timeframes and so on. That’s why during project management cost estimation is crucial on the initial stage to plan a budget properly and achieve successful results eventually.