There are multiple reasons to hire a software development company. Let’s take a look at some crucial benefits of choosing an offshore software development company.

1. Find the best offshore development company that suits your project.

By hiring an offshore software development company, you are choosing to work with experts in the industry. You work with the best talented and certified developers from around the world. Depending on your requirements, you entirely possible to get highly qualified professionals following the highest standards in software development. 

Additionally, most of these offshore software development teams have worked on similar apps or projects before and will be able to offer their insight into problems you might encounter. Because they have experiences and understand the market’s insight , they will not spend too much time on creating new products of good quality.

2. Make use of model methods for a successful project.

The next reason why you should work with offshore software development companies is that they know what they are doing. This team will not only already know each other and work well together but have the tools and development process in place.

A typical example is using Agile Methodology For Both In-House And Offshore Teams. Agile methodology is the most popular project management methodology. For more than the last ten years, its adoption rate is growing continuously year after year. 

The agile methodology involves breaking a project into short iterations or phases known as sprints. Various factors play an important role in defining the length of the sprint such as the difficulty of the process, the technology being used and the team preferences. You can prioritize features so that they can be allocated to the different sprints. At the start of a sprint, you and your offshore team can hold a discussion about the feature and plan in much more detail than that was done at the project’s beginning. The adoption of agile methodology helps in the development and delivery of a high-quality software product on time.

3. Reduced development cost.

This is another important benefit of hiring an offshore development company. Companies can save 30% on operating costs by outsourcing their software development. The offshore programmer salary in many countries in Asia and Eastern Europe is much lower than in North American and Western European countries. The competition dictates that many companies provide extra services or support. This attracts many businesses to hire an offshore software development company in those countries. 

By developing customized software, you can minimize your cost. Because you don’t need to purchase equipment or other supplies for software development. Work offshoring will reduce direct and indirect costs, such as recruitment, oversight, compensation, infrastructure like pay office rent or salary taxes.

4. Uninterrupted work on the project 24/7 

Because of the difference in the time zones of the different employees working for you across the world, the work on the project continues 24/7 which means that the project is finished and delivered as soon as possible. 

You can tackle problems that have come at the end of your business day and work on the outside of your business hours. If you only have a local team, your team must work overtime at midnight. But if you also have an offshore team working 4-6 hours before or after your time zone, then your changes could be executed by this offshore team during their working hours. This means the delivery of the project is on time and makes your clients happy. Thus, your project can be supported by experienced developers for 24 hours and 7 days. 

Your project can be supported by experienced developers for 24 hours and 7 days. Your project can be supported by experienced developers for 24 hours and 7 days.

5. Increased Focus on Core Business

When your business is not an IT company, most of the time, you face a cost-benefit trade-off at the moment of implementing a given feature into your business. If your IT department is not skilled enough in software technologies, your options to define How to conduct a new feature will not be limited. Outsourcing company improves concentration on strengthening other core processes. Businesses can focus to find ways to create and expand in order to survive their competition.

6. Reduced time to market 

When you work with an offshore software development company, you can use two different time-zones and the overlap time of those time-zones. With this, the time-to-market of your software product can be reduced.


Fintech Vietnam is a technology update portal about Fintech in Vietnam and Fintech trends worldwide.

Email: info@innotech-vn.com

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