In recent times, software development outsourcing has been the norm, especially for start-ups and SME. The main premise has been that this leads to a significant reduction in cost. This IT outsourcing model has become the most popular due to its benefits. Start-ups that are starting businesses in the software development sector or heavily dependent on technology can really magnify the benefits. So let’s take a closer look at the benefits of the model.
Cost-Effective and suited to the economics of start-ups.
An outsourced software development team can reduce the cost of the entire product development operation significantly, which is one of the major reasons to accept the model of IT outsourcing. It is not just about the salaries or wages of the software developers employed but also the other costs related to hiring a dedicated development team with a product engineering leader to drive development operations, such as training, infusing development best practices, product security, Risk management, developing a cloud cost control policy, infrastructure availability, and many more. It also cuts the cost of buying assets, setting up office operations, or buying extra supplies, as the total project cost will cover all those things. In totality, the costs of IT operations can be greatly reduced, which is a great thing for a newly incorporated start-up and the reason why most start-ups go for a dedicated development team model to ensure product success.
Significant Time Saved Leads to Better Total Productivity.
The total productivity of the organization can be increased as better utilization of time happens with the product development outsourcing model. This has two aspects: (1) First, the outsourced software development teams will always try to finish the project on time and with quality. This means the projects can get off to a quick start without much worry about quality engineering, training, or product deployment. (2) Second, the organization can focus more on the core of business, which includes brand development, business development, and marketing. This helps in maximizing the time return. These two aspects can be crucial to the success of a start-up where time is the most important factor.
Better Expertise and Experience on the Table
Expert software development skills as well as experience come to the table readily, with no limits to the IT outsourcing model. You just have to choose the right partner for the right project, and they will always have developers with technology mastered, so you will not have to worry about the microfactors. Thus, you can have the best of technical expertise and relevant industry experience, which will help you deliver the project on time and with enhanced quality. This factor is crucial for the establishment of a start-up, as timely new feature delivery with quality and production stability is the selling point.
Better Risk Management due to natural diversification
The model of outsourcing Software development leads to natural diversification in terms of costs, skills, and quality. A larger number of product development teams working on different projects means failure rates will be reduced to a minimum. Also, better quality control can be employed. Start-ups love this, as minimizing risks will definitely affect them. Additionally, product development should be tightly coupled with agile software development methodologies to reduce communication gaps and unknown risks.
SaaS based Product Development Outsourcing is always forward looking and Future ready
AI-based disruptive technologies are affecting business models, especially for start-ups. As a result, being forward-thinking and future-ready is critical for the establishment and operation of an IT business. Offshore product development teams are always future-ready, meeting your company’s specific needs.
Thus, overall, the IT outsourcing model is the go-to factor for start-ups. They can significantly increase their chances of product success with the efficient and effective use of software development outsourcing models. Checkmate Global Technologies provides the best use of technology outsourcing all in one place, furthering your advantage.
IT Staff Augmentation for startups
This is another enticing term for hiring an experienced software developer with the technical skills to complete a short-term or long-term project. Many startups prefer IT staff augmentation to preclude developer hiring efforts and management costs. Staff augmentation companies in India will offer transparent contractual terms, dedicate TAM (technical account management) to manage the account, and ensure development team availability in the respective time zone, such as EST, PST, or GMT.
FTS Model
Nowadays, production uptime and product availability are crucial to consumers. Product availability is directly associated with reputation risk and Government compliance. Consequently, offshore development teams not only increase product development speed but also effectively respond to any production incident under the FTS (FOLLOW THE SUN) model. This identical approach is being used by every large enterprise to maintain production uptime with a minimum product development cost.
Author’s Note
This blog is written by Amit Kumar, head of engineering at Checkmate Global Technologies. He has more than 17 years of experience managing product engineering teams to deliver world-class SaaS-based products. Please schedule a discussion with our technical Consultation to hire fully experienced full stack developer in 1-3 working days.
