Software development managers often ask big-picture questions like:
- How can I scale my team’s capacity to be more productive?
- How can we accelerate product releases on a consistent schedule?
- How can we better incorporate emerging technologies like AI and machine learning?
- How can we streamline and improve our QA testing?
With IT budgets generally increasing, Offshore software development is one way to push budgets further and fill talent gaps to solve for the big picture questions above. With sweeping changes from COVID-19, offshore development is–now, more than ever–an enormous opportunity for companies looking to drive growth.
But why is now the optimal time to invest in an offshore development partner?
The Value of Offshore Software Development
Offshore software development enables onshore teams to:
- Expand their support hours,
- Fill internal talent and skills gaps
- Create continuous development cycles
Offshore development is more viable, more accessible, and more impactful than before. Why? Three key factors have converged:
- Companies have already invested in infrastructure for remote work.
- Consumer expectations have increased. So too has pressure on development and product teams.
- There’s an onshore talent scarcity for more senior level engineers and software developers, leaving teams with open gaps in skill sets.
Let’s discuss each of these points in more detail.
1. Remote work is more accessible than ever
Remote work has become less of a perk and more of an expectation for competitive software developers and engineers. Even purely onshore companies may need to maintain remote work as a condition of retaining and attracting top talent.
The current state of work presents an advantage to those who look to offshore developers. They can broaden their talent pool at a lower cost, while seamlessly integrating onshore and offshore teams.
Remote work has lifted a barrier to the skilled, senior level developers in tech-forward countries like Vietnam.
2. Consumer expectations continue to increase
The needs of consumers are constantly evolving. Product teams are tasked with getting products to market as quickly as possible. It makes sure to balance between speed and quality as release deadlines approach.
Asking strapped software development teams to work longer hours is a great way to induce burnout and turnover. Additionally, more hours from software developers doesn’t equate to an increase in specialized skills.
The best way to create such an agile software development team is to structure the team around the right skill sets at the right time. That means continuous development cycles that don’t pause overnight. That means pulling in specialists and senior skilled engineers to optimize entire QA testing processes. More entry level developers are not enough.
Precision and targeted talent move the needle on product quality and speed-to-market.
Offshore development can fill these gaps and relieve pressure on onshore teams. All while meeting consumer demand.
3. Talent shortages make onshore hiring a challenge
Hiring more talent is far easier said than done. Senior-level developers and engineers are incredibly competitive candidates. Not only do they require high compensation, but the hiring process itself can be time-consuming.
Companies are competing for talent in ways they’ve never had to before. With consumer expectations increasing, teams can’t slow down production or sacrifice quality. They simply need more talent.
As such, offshore development teams are the perfect opportunity to diversify teams’ talent pools. Without the significant cost associated with a single senior engineer.
With the convergence of these three factors, now is the optimal time to invest in an offshore software development solution. The combination of widespread acceptance of remote work, increasing consumer expectations, and a tech talent shortage has left companies with an enormous opportunity–if they choose to harness it.
Ready to experience the benefits of an offshore software development partner? Contact us for a free consultation today.
