As the entire business world is moving towards digital transformation, every company, regardless of the nature of business, has to manage an IT department. While IT-related firms have the expert staff and resources to build and manage business operations, non-IT companies struggle to be on par with dynamically changing technologies. Procurement, maintenance and upgrading of hardware infrastructure is a challenge. Hiring the right talent and training them adds up to this challenge. When the IT teams are overburdened, it reflects in the quality of the software. The best way to get quality software is to outsource the job to an expert software company. Outsourcing software development helps companies to cut costs, get talented professionals onboard, leverage the latest technological innovations while being able to focus on their core operations.
Software development can be outsourced to three types of companies:
Onshore Companies: Companies that are located in the same country as the outsourcing company.
Nearshore Companies: Companies that are not located in the same country but are within the geographical location of the outsourcing company.
Offshore Companies: Companies that are located outside the geographical location of the outsourcing company.
When it comes to outsourcing software, India is the best choice. Here are the top 5 benefits of software development outsourcing to India.
1) A Highly Talented Pool of Professionals
2) Flexible Time Zone
Another advantage for India is the time zone. India is 9-12 hours ahead of US time zones, 5-6 hours ahead of UK time zones, 5-6 hours behind Australian time zones etc. This difference in the time zone enables companies in the USA to run their operations 24/7. While the company runs in the daytime, the outsourced company works at night. On a quick deadline, you can prepare the guidelines in the daytime and get it ready by the time you come to the office the next morning. If you implement a hybrid approach wherein the local IT staff works in the day and the outsourced team works in the night, your business is always in operation, 24/7. This advantage translates into faster time to market and reduced development costs.
3) Reduced Costs
The average salary of a software engineer in the US is $119,130 per year as per Indeed. Additionally, you have to provide cash bonuses, healthcare and insurance benefits and other perks every year. Infrastructure costs, hardware and software installation, maintenance, software license etc. add up to the burden. In addition, you need to train and manage employees while complying with labour regulations
On the other hand, the average salary of a software engineer in India is $10,810, as reported by Glassdoor. When you outsource software projects to India, you don’t have to go through the cumbersome process of recruitment that involves huge salaries, healthcare and insurance benefits, paid and sick leaves etc. You just pay the agreed amount. While you get your work done at reduced costs, you don’t have to compromise on the quality.
4) Communication Matters
One of the biggest challenges for businesses while outsourcing projects is the language. For seamless coordination and communication across the teams, a common language is a crucial requirement. When it comes to India, most software developers are well versed in the English language and regularly use a variety of communication tools for interacting with internal staff and geographically distributed teams.
5) Supportive Government Policies
The Indian government recognizes the software industry as one of the most important verticals. The government passed the IT Acts 2000 bill that enabled several startups to launch their projects and successfully move ahead. The government is constantly improving IT policies and coming up with strategies to strengthen the IT sector in the country. ‘Digital India’ and ‘Make in India’ are a couple of initiatives that boost the IT infrastructure in India. With tax-related benefits, encouraging incentives, e-filing of docs and other supportive measures, the government supported the industry greatly. As such, the software market earned a revenue of $4 billion within the first half of 2020. Gartner reports that the Indian IT market is expected to touch $16.9 billion by 2025. It means your software projects are being built in the best environment.
Software technology is rapidly innovating. As such, it is not feasible for businesses to learn and adapt to quickly changing trends. The best way is to outsource your software projects to India. Not only do you receive quality apps on time but you also save huge money. Most importantly, you can sit back and relax with peace of mind that helps you to focus on incorporating quality into your core operations.