Category Archives: Offshore Development

What is Offshore Development?

Offshore development, now considered as the unspoken international rule of business, is the type of services delivered by a multinational team. The team is composed of different people around the world, miles and miles away, outside of the client’s main office. It is recognized as a form of investment to improve operation qualities and increase entry to the market with accessible and flexible services.

Benefits of Offshoring

There are numerous reasons why going towards an offshore development-type of services are good for business. Primary reasons for offshoring include lesser costs. An offshore development project would entail lesser operational and labor costs. If the project turns out well, it will reflect positive figures on the company’s income and savings.

Offshoring also allows the company to focus on its core competency. Now standing as an embodiment of innovation, the offshoring industry focuses more on providing solutions on how investments can be returned successfully rather than purely cost reduction

Other reasons include:
· Space management: the building of offices are not required, and others can work home-based
· Accessibility: with the advances in technology and the internet, establishing connections and accomplishing projects are easily done
· Rates: IT hourly rates differ from country to country and with the difference in the time zones, this would allow the company to provide 24 hour-services.

Offshore Development Strategies

Communication is the key to everything. Sharing the company’s vision and creating a cultural environment would help the team feel a sense of belongingness. Communicating would allow them to work together towards the same goal and vision, despite the differences in time zones, borders, and hierarchies. Consistent processes should also be established to keep up with offshore trends.

Offshore Development in 2019

For those seeking a balance between a fair price and quality service, offshore development is highly recommended. A shift from “low cost” to “quality service” has been made, which enables the teams to work harder to provide for high-quality services. Providing services of quality, in turn, promotes a partnership-based relationship. Also, it addresses the talent shortage in IT. In terms of being in trend with the mobile era, companies are more likely to hire offshore teams, which will save them a price and also build relationships that may last for years.