BPO

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.

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.

Today, large enterprises, small and mid-sized businesses, and even startups all over the globe use outsourced engineering services to bring their software development projects to life. An outside team is often a good solution for optimizing project costs, supplementing available resources, acquiring rare expertise, and shortening product delivery terms. However, there are numbers of less obvious yet important advantages of outsourcing engineering services.

There are piles of things you should remember, creating a product from scratch: deadlines, staff management, tech peculiarities of the project, etc. Everything will be easier if you use offshore outsourcing software development. There’s no need for a significant emphasis on running the project and doing other things when you outsource a portion of duties to specialists.

Offshore outsourcing is a useful choice of a manager who cares about cost optimization and the well-being of his organization. The world practice knows many examples when even the largest companies used the opportunities of offshore outsourcing. Sooner or later, all company executives come to it seeking to optimize costs.

There are piles of things you should remember, creating a product from scratch: deadlines, staff management, tech peculiarities of the project, etc. Everything will be easier if you use offshore outsourcing software development. There’s no need for a significant emphasis on running the project and doing other things when you outsource a portion of duties to specialists.

When domestic developers are hard to find or become cost-prohibitive, companies should consider offshoring software development to take advantage of global tech talent. Learn the benefits of hiring offshore developers and how to pursue this avenue.

Vietnam has the lowest labor costs of any potential outsourcing destinations. Hiring offshore software developers in Vietnam is approximately 9 times less expensive than that in Europe or the United States.