Today, many tech companies worldwide, including Google, have turned to looking for IT solutions by outsourcing. These companies now consider having an offshore development center that would meet their needs by utilizing the best talents in the industry. And according to 2019 data, this initiative greatly contributes to the global outsourcing record. However, growing businesses need to consider offshore development center benefits as a model to be actually interested in it. Interestingly, you are about to find out in this article.
What is Offshore Development Center (ODC)?
Before going into details, you should know the meaning of offshore development center first.
Offshore Development Center (ODC) is a dedicated software development center situated in a geographic location different from a company's location. It is almost like a remote office for a business/organization and often consists of an outsourced development team providing administrative and IT supports. Businesses that need an offshore center include data providers, telecoms, fintech, software, IT, eCommerce companies, and IoT.
5 Benefits of Offshore Development Center as a Business Model
Without further ado, below are the considered benefits of this development center.
1. Wide Access to Global Talents
Setting an offshore center for development projects is a fast ticket to accessing talents across various parts of the world. Here, the skilled labor pool is vast – one you may not encounter when running a business within your jurisdiction. You get people across different fields ready to handle different areas of an IT project successfully within a short time. For instance, a company in the United States would likely get developers in Canada, Poland, and Ukraine within two to three weeks using reliable partners or private agents.
2. Reliable and Efficient
Knowing that you have wide access to global talents, you can hire whoever you want to and get the best services from them. In fact, you won’t have to worry about development time since the right hands are handling it. In that situation, good performance and efficiency are inevitable. However, you must hire a reliable partner or private agent’s services to enjoy this benefit. These partners know exactly who to look for to achieve the company’s goals.
3. Cost Effective
Over the past few years, outsourcing rates have been known to be cheaper and better. According to reports, a company is likely to save at most 40% on development when outsourcing or outstaffing. This initiative is a better way for the company to save money and focus on other things. And contrary to popular beliefs that you don’t get quality delivery when you don’t spend much, offshore centers guarantee one. You can get service within budget with the right outsourcing partner while not compromising delivery.
4. Good Work Infrastructure
Ideally, an IT or software app doesn’t take just a day to build; it takes months to years, depending on the project. And during this period, you will likely spend a lot of money. However, a perfect way to minimize costs during this period is to set up a proper work infrastructure by hiring offshore development center services. With an established infrastructure in an offshore center, success at the end of the development period is inevitable.
5. Great Focus on Company Goals and Objectives
Focusing on company goals or objectives can be difficult for a company with little interest in handling its IT projects. Your employees may not necessarily have the knowledge or resources to operate, affecting productivity. In another instance, you might spend a lot of money managing your in-house IT team – the cost of resources, labor, and infrastructure.
However, with an offshore center for development, you don’t have to worry about all those. All you need to do is communicate your company's needs and let the experts handle whatever problems. With this division of specialized labor, you can focus wholly on those goals and see to achieving them.
Conclusion:
If you’ve always wanted to know offshore development center benefits, above is a list of five. These benefits shouldn’t only improve your awareness of an offshore center but stir your decision to create one. Running an IT project requires making smart decisions like this, and all you need is to hire a partner to ensure success in the end. Find one in the desired location and get your offshore team set up for work. If you would like to learn more about offshore mobile application development benefits and considerations, you can read the suggested article to deepen your knowledge on the subject.
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