Let's consider the main benefits for you as a customer in case you decided to use offshore development services.
Reasonable development costs
Most offshore software development companies provide their customers with flexible prices and first-grade services. Central Europe and South East Asian (Vietnam, Philippines...), for example, gain their popularity concerning a bunch of talented individuals, state backing, and low taxation for the IT sector. It also displays the ideal value for money balance of the software provided.
Below, you can see the average hourly prices of the most popular offshoring development destinations.
Average hourly wages for software development offshore services (according to Clutch & GoodFirms).
| Outsourcing regions | Hourly wages for work (in US$/h) |
|---|---|
|
Central Europe |
25-100 |
|
Western Europe |
50-200 |
|
North America |
100-149 |
|
South America |
35-70 |
|
Asia |
15-40 |
The development costs may also be influenced by staff size, technology stack used, experience, and duration of the collaboration.
Furthermore, many offshore software development service providers strive to give their clients the best possible circumstances, offering them additional pleasantries (like some free services). At TIGOSOFT, for instance, we don't charge for company analysis and counseling, and we also give out free marketing bonuses.
Quicker concept implementation and delivery
The total time spent on recruitment can be reduced by cooperation with an offshore software company. You can always speed up the project completion by collaborating with as many experts as you need. But keep in mind: just doubling the team will not necessarily cut the project completion time down. Such a relationship would be valid only if jobs are properly partitioned between staff members and they contact each other well.
In this case, the time to market and costs would be reduced, and you'll be able to outperform your domain competitors.
Qualified talents
IT outsourcing makes available cooperation with a variety of technical experts competent in needed business domains. For example, there are over 9K of annual tech graduates in Estonia, and this number is growing. Such a wide talent pool is one of the reasons why companies from all over the world open their headquarters and R&D centers in this region.
The internal recruitment may be completed in some days rather than months. Outsourcing allows you to hire as many people as you want. So, you may select the best offshore developer (or a whole team) by considering different specialists from all around the world with various talents and expertise.
High scalability
Development is a tricky business, and you never know how many developers you'll need at any time of the project. The offshore software development model allows you to scale up and down easily: expand your team if you need to speed up product development or reduce the number of specialists if you don't have any jobs for them to do. This way, you'll avoid overpaying and time-consuming employee searches.
Offshore software development outsourcing enables a variety of cooperation models, ranging from dedicated teams to staff augmentation, in order to provide organizations with the most efficient and fitting solutions appropriate for different issues.
Low building risks
Working with outsourcing professionals allows you to acquire a dependable final product that has been examined and corrected on time. For this reason, every software development offshore project includes not only a project manager but also a QA team that is responsible for debugging written code to ensure that future product runs smoothly.
The latest technologies
Most offshore software development companies specialize in certain sectors or operate with technology stacks that are rare for the in-house team qualification. So, you may be able to hire a certified professional (or even a team) with the needed hard skill set from a vendor’s company. This may help you build an advanced product that will be competitive in the market.
