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6 Benefits of Outsourcing Custom Software

Outsourcing is considered one of the solutions for an organization to achieve its business objectives. It cuts costs and speeds up software development.

In this article, we will share with you six benefits if you choose to outsource your software development project.

What is Outsourcing in Software Development?

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Outsourcing software development simply means hiring a third-party software development company to handle services related to development.

In the last 20 years, the global outsourcing industry has more than doubled. This exponential increase is because such specialized projects require a unique skill set that may not necessarily be readily available in-house.

We build custom software with modern solutions in mind for any business and sizes!

We build custom software with modern solutions in mind for any business and sizes!

Benefits of an Outsourced Software Development Company

Cost savings

Perhaps the first in the list of benefits of outsourcing software is the cost. Imagine hiring a whole software development team. It would be costly to keep an in-house team for a non-repetitive project. When you outsource the project it's more convenient and may save both time and money.

Offers flexibility

Custom software development is not perpetual. Software development outsourcing allows you the flexibility to retain only the staff that you need to work full time. Should the need arise to call back your software engineers, for say a maintenance help, they can simply be recalled.

Better pool of talent and experience

As one of the key advantages of outsourcing services, you have a wider choice of experts to select from. Even from different time zones. This allows you to budget better and according to your business needs. You can hire the best option for that particular software project and leverage the collective experience externally.

Time efficiency

Since you eliminate a lot of unnecessary and time-consuming activities and procedures, outsourcing software development also saves you all related troubles. All resources spent in the training and equipping the development team are saved and utilized for achieving other business goals. This gives you time to market and develop your product while a better-suited team deals with software development.

Allows for focus on company goals

This leads us to the next benefit of contracting-out customization. You can focus resources on achieving more long-term company goals. All the human resources that would have been spent on managing and monitoring the in-house development projects are redirected to building the company.

Offers access to new markets

Another benefit and reason why businesses outsource software development is access to new markets. This brings companies with fresh ideas and perspectives. Having to work with many different teams of developers gives your business a fresh touch that will appeal to many new customers. This gives you a competitive advantage in the market.

We build custom software with modern solutions in mind for any business and sizes!

We build custom software with modern solutions in mind for any business and sizes!

Risks Involved in an Outsourced Custom Software

Risks Involved in an Outsourced Custom Software Benefits of Outsourcing Custom Software | Laneways.Agency

Being overly ambitious

One of the most overlooked risks of software outsourcing is being overly ambitious. Since you are hiring an external team, it makes sense that they should achieve above and beyond what your in-house can. Even with an external team of software developers, your project expectations need to remain realistic and within your hired company's track record.

Poor communication

If there is no clear communication between you and the developers, you run the risk of total failure of your project. The product can only be as good as you can capably describe it to the developer's team members.

Substandard development

You may be at risk for substandard software products. Most companies want the best bargain using the smallest budget and this leads them to the lowest bid, who most probably won't have the best quality services. Extra research must be taken to ensure that your outsourcing company can deliver a quality app.

Tech team failing to understand the company goals

It is important that the team you decide to partner with understands the core business. Externalizing such projects is convenient, but if not done right might cost you in the long run, especially with custom software.

Conclusion

Outsourcing your software development process needs to be handled with utmost care. You ought to partner with one of the top development companies with a proven track record such as Laneways.Agency

We offer high-quality, specialized help for anything from developing new software to app development to maintaining and improving existing ones. We are your outsourcing partner when you want to save time and as well as minimize costs.

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