Outsourcing Basics for IT

It’s clear that not all enterprises need to outsource their projects. However, there are three precise reasons that will surely mean it’s time to find an outsourcing offshoring or nearshoring partners.

Key Reasons to Outsource Your Development

Reason #1. Lack of Talents

It’s a very common situation if you don’t have an office in a megapolis. Looking for a talented person that will have enough expertise and desire to perform all the tasks with high quality is a hard task. And the process of finding may take a few months.

Outsourcing may rescue the whole project especially if you need a new team player in a few days. A great benefit of hiring a remote coder is no need to train him/her and spend costs on maintaining the working place.

Reason #2. Lack of Money

When you have a budget for a new project, you try to create a team that will not blow it up. If you have an in-house team, you may face a problem that you cannot afford having a full team. In this case, it’s a viable option to help your department using outsourcing. 

Outsourcing doesn’t always mean cheap pricing. But it leads to cost and time efficiency. However, there’s a common belief that outsourcing to Asia is much cheaper than to Europe. You can look through different variants of the cost and choose the right vendor.

Reason #3. Lack of Time

If you have an idea in mind that will help you enter a new market niche or leave your current competitors somewhere behind you, time matters. The earlier you release a new project the better profit you will get. 

Outsourcing will let you get a full team of developers that are ready to start when you need. You won’t spend time on training new people in your team or time on improving their qualification. All you need is to talk with a business analyst and plan your work. 

Main Benefits of Outsourcing

When you know why you need an outsourcing partner, it’s time to take a closer look at real benefits that you get from mutual cooperation. There are a few important advantages that a team can get after outsourcing its development:

  • Focus on core objectives. While partners handle generic tasks, your employees can think about more important business needs. 

  • Receive wide opportunities. External partners come with great experience and skills. Thus, you’re free to choose the features you really need.

  • Release the product quickly. By outsourcing, you can enhance the overall project’s speed and deliver products/services to customers quicker. 

  • Save on expenses. As we’ve mentioned, outsourcing helps to reduce costs by sending the tasks to areas with lower rates.