Today a bulk of remote development centers are opening their doors all across Europe and Asia. Most IT companies consider this model is the only one wright solution for setting up their business for success. Even tech giants like Google, Amazon, and Apple choose to use the R&D framework for software development and other technical procedures.
So what is offshore development center? In a simple terms the office located in a foreign country that consists of seasoned professionals, this model allows companies to leverage international talent to deliver superior products while reducing the in-house cost and workload. An ODC team usually includes software engineers, QA testers, UI/UX designers, and a business systems analyst or delivery manager.
Offshore development clearly has a lot of advantages, that can be scaled into 6 categories.
- Access to Top Talent
Moving your operations to an overseas location enables you to connect with the best developers in your business domain. A remote office, therefore, not only reduces geographical barriers but also removes the need to compete for top talent with big tech companies.
- Easy Kick-Off
Building an internal development team from scratch incurs a great run-time overhead and tremendous operative costs, ODC model will provide you with a dedicated team of pre-vetted software engineers who best fit your project specifications. Such partnership, therefore, offers high-quality results, hassle-free management, and unbeatable budget efficiency.
- Faster Time-to-Hire
Establishing an offshore development center provides you with access to an employee pool that you may not have had access to otherwise. You can scout around for seasoned developers anywhere in the world, which fast-forwards the staffing process. We talk about weeks not months.
- Cost Efficiency
The offshore business model allows you to pair powerful tech potential with moderate rates and affordable operational costs. This approach can generate the average cost saving from 40% to 60% of the original price tag on development services you’ll have to pay in the US, Israel, or Western European countries.
- Round-the-Clock Activity
Round-the-clock availability of resources means you will always have someone working on the project. This helps to identify and manage any issues arising in the development process in a timely manner.
- Flexible Team Structure
The remote office model is pretty flexible, such a level of flexibility is impossible to attain if you rely solely on your in-house development team. But with offshore development, you can allocate resources more efficiently. Moreover, you will always have exactly the team you need at that moment.
And of course, for those who believe in numbers:
64% of organizations delegate their software development operations to external service providers. (Statista)
80% of the world’s top 500 companies use remote offices to expand the development of software products and services.
The IT outsourcing market was projected to reach $413.7 billion in 2022. (Statista)
Talent availability is cited as the main adoption barrier for 75% of IT automation technologies and 41% of digital workplace technologies. (Gartner)
78% of companies feel positive about their outsourcing partners.