Best Ways to Reduce Time-to-Market with Offshore Development
It can take anywhere from a few months to several years to bring a brand new software product to market. Factors that influence this timeframe include the scope of the software, the budget, and the number of engineers working on the project. Adding more engineers to a development team can reduce time-to-market (TTM) and help software companies reap the rewards of their software products sooner.
However, adding three or four engineers to a team can make the cost of TTM acceleration expensive for many software companies. That’s why outsourcing development to an offshore firm often makes financial sense.
Benefits of using an offshore development team:
1. Fill Skill Gaps in Dedicated Teams
A skills shortage is impacting the future of software development. The number of job opportunities for software developers could increase by 22% from 2020-2030—higher than the projected national average growth rate for all job fields (8%).
With domestic developers (and software engineers) in high demand, these professionals can charge significant amounts for their services, making offshore software development a more cost-effective option for many software companies.
Offshore teams let companies tap into a global talent pool without the high costs of U.S/EU-based hiring. The best offshore software development services connect software firms with English-speaking developers who understand the latest technologies and trends. These developers should have the experience and skills to match your project, including senior-level leadership that can direct a team and act as a liaison with your onshore team.
2. Ramp Up Quickly
It’s not just the high costs of hiring domestic developers that push software companies toward offshore development. Because of strict onboarding and orientation procedures, hiring local developers for an in-house team can take many months. That can slow down software development TTM.
Offshore teams can get to work almost immediately because they don’t have to complete a rigorous recruitment and onboarding process.
Teams are ready to go once you sign with a service provider. The offshore approach avoids common hiring headaches like candidates accepting other offers, time-consuming interviews, and an extremely competitive market. Offshore teams have already been vetted, hired, and trained.That can accelerate development momentum and get software products to end-users quicker, allowing companies to reduce time to market with offshore development.
3. Take Advantage of Continuous Development
Software companies can develop products around the clock with offshore teams, reducing TTM. For example, offshore developers in Asia will work on development when a U.S. software company has finished for the day.
The U.S. company will work on development when its Asian team sleeps. With this near-24/7 coverage, software companies can execute workflows quicker and reduce time to market by several months.
4. Automate Development Processes
The right offshore development team can help software companies facilitate development by automating and simplifying complicated processes. Offshore providers create efficiencies for clients and build a strong foundation for development, testing, and quality assurance for each delivery cycle. That not only reduces TTM but results in high-quality products for end-users. Faster development cycles also help companies outpace their competitors and reduce overall development costs.
5. Scale Up or Down
Offshore developers can offer more flexibility than internal hires. That’s because software companies can add or remove developers from their offshore teams as they scale up and down without starting from scratch.
Say a software company has five internal developers but needs an additional five professionals during the software testing phase. However, as the product grows, more developers are needed to maintain and support it, more integrations are needed, and the demand for new features increases—offshore providers allow organizations to quickly respond to these needs.
6. Reduce Developer Burnout
Reducing burnout is the key to retaining software developers. Burnout can occur when developers have heavy workloads and a poor work-life balance, resulting in poor productivity and TTM.
Offshore outsourcing companies can reduce the burden on core teams by sharing workloads and collaborating on software projects. That can help reduce attrition rates for software companies and maintain mindshare and domain knowledge. In addition, working with an offshore development company can improve the performance of internal teams and result in happier and more motivated employees.
Reduce Time to Market With Reliable Offshore Development From McBird Technologies
Reducing time-to-market means end-users can access a software product quicker, resulting in more profitable outcomes for software development companies. Hiring offshore developers can help reduce TTM and allow companies to achieve their goals. The best offshore software development companies can connect software companies with senior-level developers based on their budget and unique requirements.