The endeavor of starting a new company and having it take off can bring out an equal mix of excitement, fear, and spiritedness within anyone. Needless to say, the genuine success of any business – especially tech-oriented ones – depends on its ability to thrive in a field that demands absolute efficiency and rapid management. Sure, you might have ideas and a starting budget locked in, but it’s all for naught if your development plan is unsustainable.
For many startups, the prospect of building and managing an in-house dev team can seem like a distant dream. Considering the risks and potential waste of time, that dream may as well be a nightmare in most realistic scenarios. Regardless, it’s not all doom and gloom on the managerial side of things, as outsourcing exists for a good reason.
For software development in particular, outsourcing individuals or entire third-party teams can be a surefire path to triumph. Besides allowing you to hire experienced folks from a vast and diverse talent pool, outsourcing can pave the way for faster TTM (time-to-market) cycles and lucrative flexibility. Of course, this is just the surface level. Without wasting any time, let’s dive in further!
The Full Cost-Saving Value
One of the most talked-about advantages of outsourcing is its cost-saving aspect. In-house team building seems enticing, depending on how much you value on-site control, but it can often backfire and result in wasted time and potential. Think of all the hours dedicated to training and retaining employees and how one could easily find the “perfect matches” in outsourced hires for significantly less time.
Moreover, outsourcing can effectively reduce overhead costs associated with benefits, office equipment, space, and salaries — most of which will be handled by the recruiter firm. You might think you’ve had the budgetary details planned out, but cost-effective outsourcing eliminates any possibility of resource-draining. In other words, it is better to be safe than sorry!
Accelerated Project Deployment
Besides opportune cost-savings, outsourcing is a game changer in terms of output rate. It enables both startups and established companies to increase the speed of their production and deployment. As we mentioned previously, you don’t just save time on on-site employee training but also have the benefit of tapping into already-prominent developer talent.
You also have no limitations in the way that you integrate developers. If you’re not entirely comfortable with the idea of a fully remote development team, then you can choose to supplement your currently active set of talent. At this point, we’re looking at the concept of “staff augmentation” — a type of outsourcing strategy that involves hiring external talent from specialized service providers to bolster the existing workforce, thus filling in any skill “gaps” along the way. The full-time workers are still under your management, but don’t carry the usual “weight” that’s involved with on-site workers, like contracts and equipment.
Untapped Potential in Unlikely Places
With dedicated outsourced teams working on multiple exciting projects at once, you have the opportunity to get your ideas at the front of the market and ahead of the competition. But is speed the only important quality here? Obviously, you care about the quality of the work being put out — otherwise, you wouldn’t be reading this! Luckily, outsourcing has an answer to this as well.
For one, specialized talent isn’t always readily available in local markets. By partnering with prospering organizations from other countries, you can pick and choose from a much wider pool of adept individuals who might not be as equally appreciated in their own state. Moreover, diversity can bring out the best in any product. Receiving input from cross-cultural wisdom can incentivize further innovation and help you in ways you wouldn’t have expected initially.
Flexible and Scalable
Another beneficial aspect of outsourcing is the sheer adjustability and wiggle room it provides. Compared to in-office team setups, you can always scale back depending on the project requirements at present. This is especially viable for startups, as newer businesses often face fluctuations in both demand and reach.
Outsourcing web, software, or even mobile development allows you to quickly ramp up the work or scale down with your resources in mind. Whenever a startup company needs to expand its teams for deadlines or, conversely, downsize for cost savings — it’s all possible without the traditional risks associated with in-house team management.
Familiarize Yourself with the Different Options
Keep in mind that outsourcing isn’t just one single unified process, as it’s often split into two distinct categories — those being nearshore and offshore outsourcing. Despite the numerous benefits we’ve mentioned so far, challenges aren’t entirely absent and often have to do with time zone discrepancies. That’s precisely why you’ll have to choose whether to pick from a talent pool near your country (or in the same time zone) or from far away continents.
Some Final Thoughts
If you prefer for your business to innovate and grow at a reasonable pace, then outsourcing your software development branch is a no-brainer. In fact, the modern competitive market can often make it harder for you if you forego any outsourcing. Integrating external members or entire teams into your workforce immediately enriches your existing company talent. And if your in-house divisions only require software developers in specific periods, you already know where to look.
With an experienced outsourcing partner like us and a wise, well-versed approach in management, your outsourcing venture can get you closer to your goals — with no wasted time or efficiency!