It was in the year 1989 when outsourcing i.e. offshoring the projects started becoming a popular approach, and today, in 2021, it has become an integral part of global business operations. This trend is growing exponentially. So, let’s have a glance at a few statistics on offshore development.

• Before the Covid-19 pandemic, the market size for global offshoring services crossed $92.5 billion.
• In the USA, every year almost 3 lakh jobs get outsourced.
• During the pandemic too, outsourcing of IT services increased from 12.7% in the year 2019 to 13.6in the year 2020.
• IT outsourcing market is estimated to rise to $98 billion, at a CAGR of 5%, from the year 2020 to 2024.
• About 46% of the firms who outsource the projects say that outsourcing gives them access to talented and skilled professionals who aren’t available in-house.

These estimations by Fortunly.com, a well-known portal for news, reviews, and market analysis, give us a peek into the rising scope of offshore software development services and their demand.

So, this blog gives you a deep insight into the world of offshoring as we have enlisted the top locations across the globe for hiring software offshore development firms. We will also share some tips on how to begin with offshore development. So, if you are an entrepreneur or a start-up company willing to outsource your software project, then this post is for you. Let’s begin.

List of the Best Outsourcing Destinations for Software Development

Asia

Asia is like a paradise for global companies to hire world-class offshore software development services. In Asia, there are approximately 7 million developers and the average rate of these offshore software developers ranges from $20 to $40 per hour. Below is the list of popular Asian countries for outsourcing:

• India
• China
• Vietnam
• Indonesia
• Philippines
• Malaysia
• Nepal
• Sri Lanka
• Pakistan

Bangladesh

Out of these, India is one of the most popular destinations across the globe for outsourcing, due to its budget-friendly prices, availability of talented developers, advanced infrastructure, favorable government policies, etc. Today, the technology and engineering graduates in India are about 2.6 million. Furthermore, India consists of almost 5 million experienced software developers and their charges are comparatively lower ranging from $20 to $30 per hour. Due to all such reasons, today, approximately half of the fortune 500 firms prefer India.

Eastern Europe

East European countries possess a huge talent for outsourcing software services. There are more than 40 tech universities in Romania alone, producing 5,000+ software professionals per year. In Bulgaria, this number is about 3,500 graduates.

Overall, there are almost 1 million software professionals in Eastern Europe and they possess the broad commercial experience required for delivering world-class services. They are also equipped with the latest programming languages like JavaScript, Java, Python, and more. Their hourly rate is from $25 to $40. Besides, their convenient time zones, huge talent pool, cultural similarities, etc. make East European countries a top choice for outsourcing. A host of East European countries that outsource their services are listed below:

• Ukraine
• Czech Republic
• Russia
• Hungary
• Belarus
• Poland
• Romania
• Bulgaria
• Estonia
• Slovakia

Latin America

In recent years, Latin America has experienced a growing demand for offshoring its software services. The hourly rates of the developers vary from $30 to $55 per hour, depending on their work experience, and qualification. The countries in Latin America have similar time zones like North America and so, there is very little difference in time zone.

Here is the list of top offshoring countries from Latin America:

• Brazil
• Argentina
• Chile
• Costa Rica
• Panama
• Colombia
• Peru
• Mexico

Africa

Amongst all the destinations, African countries are the cheapest to hire offshore software developers as the hourly rates of the developers are lower than $20. There are approximately 20,000 software professionals in Africa. But a few professionals with good experience can even charge around $40 - $50.

Here is the list of African offshore development countries:

• Egypt
• Nigeria
• Morocco
• Kenya
• South Africa

Australia

Australia has steadily emerged as a preferred zone for outsourcing software services. As compared to other Asian countries, Australia has a geographical advantage. Also, their native language is English, which is another huge advantage. However, the hourly rate of developers can be very high ranging from $100 per hour to $180 per hour.

Some Tips to Begin with Offshore Software Development

How to Start with Offshore Development?

While choosing the apt offshore destination for you, you first need to finalize your project requirements and then, choose the best-suited destination to hire offshore software developers. Next, you need to research for deciding the offshore company by looking for client reviews, the company’s specialization, their years of experience, company reputation, team size, etc. Also, before starting the project, you should have a rough picture of your project goals, the budget, and the timelines. This will help to avoid any miscommunication with the offshore team and help achieve the results as required.

Criteria for an Offshore Team

Here are some criteria that you should look for while selecting an offshore software development firm:

• Technical education and expertise of the professionals
• Ranking of software developers and their firm
• Time zone and location differences
• English language expertise
• Experience in highly complex projects
• Tech competency diversity

Final Thoughts

The outbreak of the Covid-19 Pandemic has brought a massive shift in the work culture and forced countless entrepreneurs to partner with offshore software development services for their development needs. And why not? Offshoring saves costs while delivering top-quality services and allowing businesses to focus on their core competencies.

So, in this blog, we have shared some of the top-notch locations for offshore development that will help budding entrepreneurs find the right tech partner for their projects.

So, was this blog helpful? Do share your feedback with us.

For any assistance on hiring an offshore software development firm, get in touch with us.

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Many technology experts say 5G will completely change the trends and methods used in developing an Android and iOS mobile application. Such a time will come when all the smart devices and people club together and it will reach the mobile application development at a large scale.

5G roll out already began, it is predicted that above 1.3 billion devices will be using the 5G network by 2025. This accounting is 15% of the total population. These statistics give a clear idea to mobile application developers that future of 5G encourages them to launch new apps with 5G possibilities.

The optimal software solutions are helping the business to grow from the last few years. So, it will be useless to say that there are no demands for custom software development in the digital world. Here we will discuss the demands of software and their influence on the business platforms.

Among many organisations, custom application development now becomes the current trend. The reasons behind this is that it has an ability to resolve the most complicated tasks of the business. The software development company has the potential to develop the most specific and tailor-made application for your dedicated platform and fulfill the requirements of the viewers.

Why Custom Software Development is Necessary for the Business?

There could be a bulk of applications on the internet, which may have tremendous features. But, it does not mean the one which accommodates others, is suitable for your business also. Custom software development certain your requirements and provides a great platform for business development. Even in the development stage, you may have several opportunities to apply the new techniques or methods to make the software more reliable.

There are several expectations from the application development company but, their work productivity will remain the same whether they work for the individuals or an organisation. Below mentioned, are some reasons that will help you to find a solid clue about the tailor-made apps.

1) There is no doubt, it saves your money, resources, and time and you can focus on other core business tasks.

2) It gives you more qualitative results.

3) It enhances the speed of business development.

4) During the development, it may allow you to implement new methods to make the software more reliable.

5) The custom-built solution will accelerate your business growth and increase the revenue because it provides functionality, which is uncommonly available.

Importance of Custom Software as a Services

There are many off-line advantages like scalability, productivity, support, and security from external threats that any company gets from the custom app. Its main features are to generate time-saving solutions for its clients. Besides this, convenience and reliability are worth it. To get the desired outcomes, the custom software development company is a pioneer for every small or large scale enterprise.

• Create Unique software for the Business: Unlike other traditional or conventional softwares, Custom applications allow creating something new from the elements which were developed earlier. If you are working with top-class skilled developers you can extract the best from every application. If you keep your needs in mind before signing any application development, then you can take the advantages from it and can modify it in the future.

• Fewer Chances of Interference: As we discussed earlier, the business requirements are defined earlier in the custom software application. So, there may be fewer chances to raise problems or complications shortly. This kind of application is highly optimized so that every department of business can smoothly use it.

• Enormous Flexibility: The majority software development company creates the flexibility in technology they use. If there is any complication in the application, remember that a custom software development company is always blessing you and provides you with the best optimal cost-cutting solutions. In the digital world, custom applications are becoming the pioneer of the business.

• Quick Access: It speeds up the process and reduces the time spent on reporting. Now the company doesn’t need to invest their precious time on specific tasks. They can collect the final or summarised reports in a very good manner.

• Inventions: Once you have decided to customize your software, you have the right to choose the technology in which your software will be designed. Read more...

Your search for a professional team ends at ‘ outstaffing Inc.’ We are a Ukrainian development team professionally expert in IT outsourcing.

WHAT IS OUTSOURCING?

Outsourcing is a process in which organisations transfer a section of their work to some offshore agents and teams who work and perform tasks on their behalf. Outsourcing is mostly done for non-core activities which requires more time and money. Outsourcing is mainly done in IT sectors because the cost of acquiring new and latest updates is very high. We already know the level of technological advancements and its increasing rates. IT is the fastest growing sector of the world which receives important updates almost daily. For more information, visit our website.