Offshore development is no longer just a buzzword. If we believe the statistics, it is blooming left, right and center. According to the survey, the global IT offshoring market is estimated to reach $413.7 billion in 2021. This is the most dramatic rise we witnessed because, in 2019, the market was valued at $66.52 billion. In a nutshell, IT projects, especially software development, are being offshored at an unprecedented rate across the globe.
Well, despite having such a positive response of global leaders for offshoring, do these following questions still nag you?
- Is hiring an offshore development company safe?
- Are they affordable and worth investing in it?
- How to hire an offshore development company in 2021?
Don’t worry; we will address them all in this blog!
And before jumping right in, do not miss to check on our blog, where we discussed an easy way to set up your offshore development team.
Table of Contents
Is hiring offshore developers or offshore development company safe?
Yes, Yes, Yes! 72% of the companies in the world are choosing offshore development companies to fulfill their business needs. It is because it offers you an opportunity to access a massive pool of talent that provides a top-grade quality of services.
Are they affordable and worth investing in it?
One of the many reasons why businesses opt for offshore development services is the cost-effectiveness it offers! Offshoring eliminates the possible cost of office space rent, hiring fees, insurance, office equipment, benefits, salaries, and a lot more.
And we are now coming to our main question, how to hire a reliable offshore development company in 2021?
After thorough research, we have curated a list of things you need to consider while hiring a software development team.
- Do your research
Market research must be your top most priority while hiring software developers or looking for an offshore team. But if you need to know the specific areas, go for the research on the latest technologies, hiring modules, competencies of the developers, software development cost, etc. This will give you a head start about the market situations, the latest trends, and everything that will lead you in the right direction.
- Define your project requirements
Yes, the market research will give you an understanding of what you need to look out for. However, it will go all in vain if you don’t understand your project requirements. Here is how you can do it,
- List down the project’s short term and long-term goals.
- Jot down the tools that you might need
- Shortlist the best software development platforms that will be rich with functions and features
Considering all these things will help you
- Plan your budget
Your project’s budget is the only crucial component that decides whether your project will rise or roll. To begin with, we suggest you map out the initial size of your initial capital. The next thing to work on is spot the areas where you can save a big chunk of your money. When you know where to spend and where to cut down, it gets easier to find the offshore development company within your budget range. And you can seal the deal by showing you MVP beforehand.
- Search for a reliable offshore development company
In the end, everything comes to how competent is your offshore development company. Because if it lacks the experience and the capability, everything else will eventually fail.
So how can you find a reliable offshore development company? Consider the following points!
- Find the offshore development company with more than 10+ years of experience
- Check if they fit into your requirement list
- Look for their previous work, maybe case studies
- Ensure they are willing to give a risk-free trial first
- They must be ready to provide you with complete control over the team
- Check the reviews and ratings.
With the advanced world that we live in today, it has become straightforward to look for the reviews and ratings of any organization before choosing their services. Some of the reviewing portals that you can check the ratings and reviews on are, Clutch, Glassdoor, and GoodFirm.
Clarion Technologies has been recognized as one of the most trusted organizations for its services by these reputed portals.
Here is a quick checklist to hire offshore development team in 2021
- Find out the way all offshoring organizations operate
- Stay away from the ones that offer the cheapest quote
- Do not fall for the payment models that demand a fixed price
- Ensure the team you opt for believes in your proposals and is open to sharing their thoughts too
- Always make a proactive effort
- Go for the ones that follow Agile methodology
- Ask them for frequent deployments
Conclusion:
Offshoring is the wisest decision you will make if you take it as a partnership. Just believe that they work not for you but with you as your extended team. Yes, there are a lot of challenges like time-zone differences, communication gaps, etc. But with the right offshore development team, the challenges can be turned into pros. Some of the common benefits that you will receive are cost-effectiveness, a huge pool of talent,
Clarion Technologies is one such firm that offers amazing offshore development services.
