Why it’s better to outsource software development
In this article we want to give you a proper reasoning for why outsourcing software development is more than okay.
Have you ever considered what it costs to hire a developer, not to mention the money you need to gather a whole team of skilled professionals? Well, according to the results of Joe Hadzima research, getting an in-house specialist costs about 2.7 x employee's salary.
Plus, we shouldn't forget about all the employment taxes, overtimes, annual bonuses, health coverage, sick leaves and pain vacations, work equipment, and more. It seems like a regular software developer could cost you over $200 grand. And that could be the overall cost of the whole project is you outsource it! Now, that's some serious saving.
The average time needed to find a close a job opening with a fittable specialist in IT industry as on January, 2018 is almost 30 days, according to the report of DHI Group Inc. And these guys receive information from the Job Openings and Labor Turnover Survey (JOLTS) provided by the U.S. Bureau of Labor Statistics.
One of the main pros of outsourcing software development is that it helps to quickly build the idea into a product and put it on the market than one would need to gather an in-house tach crew.
- Red Adair
Hiring a professional by your side saves lots of time for understanding how things work and how to make them work the way you want. Of course, it all depends on the type of vendor you stumble upon. This decision is quite tough and requires proper consideration. Here we have an extensive guide on how to choose and hire a development company.
Surely, every project may have a couple of pitfalls here or there, but overall it's pretty simple. Pay for the product - get the product, nothing more. If the project starts to grow and would need scaling and additional capacity, you would always be able to contact the company and continue where you have left. Simple as that.
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Rather than struggling with technology issues, you can hire an outsourcing company and use the saves funds and money to develop your core business activities. Moreover, usually outsourcing partners tend to go all over the board in their support to make sure client is perfectly satisfied with what they receive.
However, with proper management and strategy, outsourcing allows business to free some time and funds to focus on their own progress.
IDAP fully supports clients and their businesses with topnotch support and tech expertise. You can learn more about IDAP here, or contact us for a personal consultation.