Outsourcing is the process in which a third party is assigned to perform certain company functions. The global outsourcing industry is worth $92.5 billion, a figure which is only expected to continue growing. In recent years, there has been a major shift to outsourcing software development. This has proven to be an effective way for companies to focus on their core competencies, whilst ensuring that their software development is taken care of by experienced professionals.
In our previous blog post, we compared the benefits and challenges of having an in-house team with working with a tech partner. In this particular blog, we further discuss three main reasons why you should consider outsourcing your software development.
What Advantages can Outsourcing Software Development Bring to Your Business?
1. Reduced Costs
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Whilst outsourcing comes at cost, it should be viewed as an investment for your business. Around 59% of businesses use outsourcing to maximise their profits. An alternative to outsourcing, is employing individuals to complete the same tasks. However, hiring and training employees to perform roles in-house can be a significant expense in itself. Therefore, many businesses have found outsourcing as a financially viable way to reduce overall business costs, whilst allowing employees to focus on the primary business.
2. Experienced Professionals
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Outsourcing software development to experienced professionals can be extremely advantageous for your business. Professionals with extensive expertise in software development are able to help develop and execute a strategy specific to your business, which can be delivered within a quick time frame. Software companies work on a project-by-project basis. This means outsourcing typically results in greater support, additional flexibility, and mitigation of risk than if the project was handled in-house.
3. Enhanced Business Services
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The third main reason for outsourcing software development is to significantly enhance your business services. Hiring external experts to assist with your software development will help to strengthen your current business model. Staying up-to-date with the latest technology will also help to strengthen and diversify your business’ services, as well as address any recurring issues.
It is clear that outsourcing software development is extremely advantageous for businesses. Whilst it might come at a small cost, outsourcing should be viewed as an investment for your business. It typically results in an overall reduction in business costs, as experts in the industry help to enhance your business.
The A&H team has many years of experience in software development, app development, data analytics, web applications and integration services. If you are seeking to outsource your software development, A&H Digital Solutions is here to help you. Book a no obligation consultation with us today!
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