Offshore Software Development Company – Very often, companies that provide software development services gradually move from having their own team of programmers to outsourcing to overseas development centers (ODC). This type of approach allows to reduce costs and save more in the form of profits.
Rockers Technology is an offshore software development company based in Austin, Texas, offering custom web and mobile solutions. Contact us for a free one-on-one expert consultation on your custom software development project.| What is an offshore software development company?
Offshore Software Development Company
An overseas software development company is a studio located in another country that can provide a pool of skilled talent and lower cost services. The company deals with the programming needs of its client companies. ODC can be found in any country around the world. These services are more expensive compared to keeping an in-house team.
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Software development includes all kinds of specialists such as custom software developers, automated software testing, mobile application development, project managers, website development services and various other specialists to meet the needs of end customers. They also include additional responsibilities, such as managing the accounting and HR teams, as well as training and development needs.
Every company, whether a startup or an established company, has certain goals to achieve. The reasons for registering an ODC for a business depend on the following factors.
The biggest fear for most software development companies that outsource their development needs is the idea that they are just a bridge between the ODC and the end consumer. This is a myth, and the originality of the company remains even if external ODC takes care of their needs.
Now you can easily meet your software development needs with Rockers Technology, which has a team of experienced, skilled and knowledgeable outsourced developers. You can book the services you need online anytime and then sit back and enjoy the benefits. Each company is unique in its functions, aspects, performance, goals and objectives. With this individuality comes business-specific challenges that require tailored software, applications and websites to meet the competitive needs of the 21st century.
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Business of the century. There is a lot of software available today, but most of it is not enough to meet the company’s clear operational specifications.
This problem becomes even more difficult for entrepreneurs and startups who are just starting their business and do not have the resources to hire a full-time technology expert. For them, the best option is to outsource software development to an IT services company that has a team of experienced developers qualified to meet the needs of various companies and industries.
Developers have a deep understanding of the client’s personal needs and know how to accommodate and deliver custom software. From complex software for large companies to basic websites for beginners, developers know how to please everyone. Outsourcing software development to a third party reduces the burden on the client and allows them to focus more on the creative areas of their business.
When the office or remote location of the programmer/development company is far away from your home company and there is a significant time zone difference, it is called offshore outsourcing.
Offshore Software Development
This means that the geographical location of your outsourcing software developer / development company is quite close to your current location and the time zone difference is negligible.
When the outsourcing company/developer is located in the same country, it is called onshore outsourcing.
This terminology is only intended to clarify the concept, while generally the term “offshore outsourcing” is used to refer to all types of development work and work performed by third parties.
Choosing the right IT outsourcing company is not like shopping where you randomly choose everything available; requires good research, knowledge and judgment of offshore developers and offshore development companies considering the fact that there are thousands of freelancers and everyone claims to be the best.
Checklist To Hire Offshore Software Development Team In 2023
Before you choose one of the expensive IT projects, take your time and evaluate the developer/development company you have chosen; check the market price, look at the rankings of individual developers, write reviews on their profiles, look for completed projects or your supplier’s track record, and check customer comments on their social media profiles.
Gather information about your skills and effectiveness in applying advanced technology and tools. Such a little research will give you an in-depth insight into how the IT development company or development team will operate, its approach to the client and the effectiveness of the solution; they will guide you to make the right decision.
Currently there are several models of remote collaboration in the technology market, but the most popular are project outsourcing, specialized teams and full teams. Before choosing this for your project, analyze the price structure of each model and see the price / quality ratio of the model that is suitable for your company. Do not be fooled by stereotypes that high prices guarantee quality; some models only charge the time spent by the developer, while others also charge the idle time of the developer. So do your homework before making a decision.
The most common and popular cooperation model is design outsourcing; it is a key solution in which software development is the sole responsibility of the company that assigned the project. The client company does not need to hire in-house technical expertise to manage the software development process as the outsourcing company will handle all software development functions.
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Typically, offshore development companies offer dedicated team services as well as project outsourcing. The team model is especially useful for clients interested in long-term project cooperation due to a large workload. In this case, the supplier company is responsible for organizing the technical staff required for the project and ensuring a 24/7 work cycle.
Extended teams are simply an improved form of the custom team model. In this case, the supplier company hires workers only for your project under certain terms and conditions. Unlike a dedicated team, augmented team members are not hired by suppliers or existing employees, but are hired specifically and exclusively for you.
Currently, several types of contracts are used in outsourcing practice, study them carefully and decide which one is suitable for your project.
Also known as T & M, this is a type of contract that is often used in project outsourcing. In this agreement, the client pays only for the hours worked on the project.
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Advantages and disadvantages: T & M is one of the most flexible models; here the client is in control and can freely change design features, change goals or set conditions if necessary; even if he wants or feels the need, he can stop the development process at any time or stage of development.
The disadvantage of this flexible model is that the client has no control over project costs and budgets and cannot be predicted in advance. Also, because the client drives the outsourcing project, the company sometimes also fills in the “idle time” that developers spend waiting for the client’s feedback.
This contract template can be used by those who expect that project requirements may change during the development process.
Fixed price, as the name suggests, is a one-time contract and once agreed, the development company must complete the project in accordance with the client’s requirements within the agreed budget and time. Even if he works past the project completion deadline, he will not receive extra pay.
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Advantages and disadvantages: The biggest advantage of this contract is that the customer knows the price in advance and will not be surprised at the end of the project, but the customer must be sure and clear about the specifications, conditions and delivery of the project and must communicate with the developer before signing the contract.
This model is not as flexible as the T&M model and changes to project scope or specifications after the contract is signed will incur additional costs. The disadvantage of this model is that it is more expensive than other models because the supplier knows the challenges related to the development process and the necessary resources; therefore they usually increase the price by 30% when signing a contract to avoid future risks.
This is a monthly payment model where the software development company informs you about the developers who will participate in your project and the amount charged every month; you must pay the bill every month.
Advantages and disadvantages: Unlike a fixed price contract, this contract has no hidden risks or costs, and the client pays for the month spent on the project. The development team works only for one client and gives the maximum to the project.
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The main disadvantage of this model is that you never know if the assigned development team is right for your project
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