Software Development Insights | Daffodil Software

Why is it the right time to go for Offshore Development Centre

Written by Devi Singh | Oct 14, 2020 7:37:43 AM

With remote jobs and gig economy on the rise, it only makes sense for businesses to go for Offshore Development Centre now more than ever.

A report by Statista shows the outsourcing market in the US in 2020 stands at $132.9 billion and is only going to grow by 1.6 percent this year alone.

The ODC model is widely used by companies – large and small – with varied budgets and deadlines for software solutions, testing, technical support, quality analysis, project management, design, and more. 

The reason ODC services are so popular is because of its time and cost-efficiency. It cuts down the cost of infrastructure, operations and time needed for development. 

Here, we attempt to explore the possibilities an ODC service can provide. Let’s start with the basics first. 

What is an Offshore Development Centre?

Let’s simplify the term for you. 

Think of it as an extension of your existing team albeit in a different country. 

The entire development process is taken care of by the remote team. As a client, you pay an ODC provider for your project which usually involves a gamut of services: fully-dedicated and functional team including software developers, designers to project managers. 

It’s cheaper, faster, and a viable option for organizations that want a great product in a short time. 

Why do you need an ODC for your Business?

1. Assume you have two projects at hand: A and B. You need to launch project A in two months and that is your priority. For this, you require a few developers with a certain skill set unavailable in your in-house team. What do you do? You seek an offshore team that develops, designs, tests your product while you focus on the launch and marketing strategies. Leave the development part to the offshore team.  

2. It’s a handy development model for firms who need a quality product but don’t want to spend too much at the same time. One of the reasons why ODC is a hit with startups is because they have low budgets. Add to that, you can scale up or down your offshore team of developers at any given time. 

3. Apart from being a budget-friendly option, hiring offshore developers gives small to medium enterprises an opportunity to work with global talent. It offers your company a chance to have an international network of professionals and build relationships which inadvertently helps your brand’s presence. 

Also Read: Offshore Outsourcing: Hiring and Managing an Effective Team

Advantages of working with Offshore Developers 

If you’re reading still you must have formed an idea of the benefits offshore development can offer. Low cost aside, here are a few more reasons why you should invest in ODC services. 

On-time delivery: The ODC ensures timely delivery of the project/s assigned. From planning to execution the offshore team adheres to stringent deadlines and is competent enough to maintain the quality of work in the discussed time frame. They work in synergy with your in-house team not missing a single feedback for an optimal workflow. 

Tech support: Throughout the lifecycle of a project, the offshore development team provides technical support at every stage of product building. This aside, they also retain knowledge about the project. This can be used for improving the product or applied on any other software requirements from the client. 

Reliable and competitive: Any Offshore Development Center worth their salt knows how to attract clients. It’s not without a reason why companies prefer ODCs. They're dependable, competent and go under regular rigorous assessments and audits. Customer satisfaction is their prime goal and they don’t stop till they deliver what is expected of them even if that means reworking on a project without any additional cost. 

Where you should set up an Offshore Development Centre 

The global IT outsourcing market is touted to grow by $98 billion by 2024 with more than half of companies going for third-party tech support to solve customer problems. These figures are enough to prove the growing demand for ODCs. Asia remains the cheapest hub for IT project outsourcing. Philippines and India are the most preferred choices in Asia while China is another favorite but costs a little more. 

Here are the top 6 countries for offshore software development. 

China: Known to excel in Python, functional programming, and Shell, the outsourcing market in China grows by 30 percent a year. 

Poland: The top project that Poland outsources is Java development. Being a member of the NATO, UN, WTO, and more transfer of data is more secure here. 

India: The country boasts of the highest number of software professionals in the world. No wonder, it’s a top choice for IT outsourcing. 

Philippines: With 112,000 IT graduates each year; the Philippines is fast becoming the new favorite for outsourcing in the Asian market. 

Ukraine: Of more than a million software developers in Eastern Europe about 42 percent are based in Ukraine and Poland. 

Vietnam: Some of the biggest names like Microsoft and Intel invest in artificial intelligence software development in Vietnam. 

Other than these countries, Eastern Europe is building its niche in software development and is also culturally and geographically closer to the Western countries from where the majority of work comes from. 

Also Read: Offshore Outsourcing for Software Development: 3 ODC Models for Maximum ROI

Conclusion 

Partnering with an ODC provider can increase your business output and cut down on infrastructural costs big time. Although there is no one-size-fits-all approach in setting up an ODC you can make an informed decision with the help of experts. If you are looking to establish an Offshore Development Centre, then you are in the right place. Get talking to our team today to discuss the structure in detail, know our services, and the developers we provide. Get in touch for a free consultation.