Outsource Software Development Today
With the economy driving towards globalization, many companies are hard bound to gain a competitive advantage by cutting their costs, optimizing efficiency, and great customer service. So how do you go about doing that in a limited time? If you are looking for a one-word answer then offshore development or outsourcing is your gateway to success. Outsourcing software development has proven to be a great success for many companies worldwide. Globalization is forcing a lot of company’s to constantly improve their competitive edge. Outsourcing will reduce your internal costs while allowing your company to focus on its core competencies. In a fast moving technological world, it is unlikely that your company will be able to design a whole spectrum of technical software. So it is wise to outsource some of your functions while keeping intact your business processes.
Offshore development makes perfect sense for a strategic approach for your business. Outsourcing will help you conduct a cost effective business by decreasing your payroll. It will help your company give a more specific oriented task to your executive employees.
Advantages of Outsourcing
- Cost Savings
- Time Savings
- Lack of in house experience
- Talented IT Professionals
- Focused Strategy
- Improved Compliance
- Enhanced Accuracy
- Technological Advances
This business model allows you to manage an outsourced team of professionals as if they were your own in-house unit. If the project you have in mind is constantly getting updated, improved and more innovative and you would prefer to remain a solid grip on all business and development processes, the dedicated team model is your perfect choice. All you need is a clear, defined product vision and the idea we can work with. Our experts will do all the rest, whether you position your own managers in charge of all processes or, we can provide you with a talented, experienced PM ourselves.
Fixed Cost or Fixed Price, also known as the Fixed Budget Model works best for short-term small or medium sized projects. Unlike the Time and Material model, Fixed Cost requires well-designed project specs, scopes and requirements delivered before project development launches. No changes usually take place while the product is under development. Everything flows according to pre-defined requirements. Considering requirements are to be pre-defined, you will be forced to invest time and resources into their complete creation and analysis from the start. This model does not require deep direct communications or collaboration between clients and service providers.
Time & Material:
If you have a really large, complex project in mind with requirements that shift dynamically, the overall scope is yet undefined and you plan on different loads on the development team – Time and Material model is suit just for you. You may not possess any sufficient data when you begin, nor can you precisely estimate amounts of required investments, with this model such issues are irrelevant. You will be provided with required flexibility, the project you have in mind shall be scalable and rapidly adjustable to your needs. You requirements may change with time after you see and feel what was created according to your specs.