Opting For Offshore Software Development: Some Advantages and Disadvantages to Consider
Considered as a prominent solution that is opted by increasing number of companies to enjoy the benefits of low cost resource, surely you have heard a lot about ‘offshore software development’. Being the rage of modern age, offshore software development mostly comprise of jobs such as e-commerce software solutions, internet marketing, desktop application development, software maintenance and support, technology application and audits, resource planning and e-learning development to name a few.
If you also have plans to outsource some software development projects to offshore organizations, it is always suggested that you consider various pros and cons before finally deciding on it. Here in this article we bring for you a detail synopsis of the benefits and risks of offshore software development to help you better:
Advantages of Offshore Software Development
The trend to outsource software projects is one of the most popularly growing craze that has made it big in today’s modern high competitive market of globalization. Having some prominent benefits in favor of it as given below, offshore software development has definitely helped open various new gateways of opportunities:
• A Cut in the Cost: The prime attraction of project off-shoring is that it helps the company enjoy a reduction in its cost. There are many countries that offer to do the software development job in much lesser price than its original cost. It is observed that the cost of a software development goes quite high in developed nations where as that same task can be executed by developing nations such as India in much cheaper price.
• Skilled Resource in Low Cost: With the value of currencies varying in different nations, outsourcing helps companies to get more access to skilled resource in low cost. In countries such as India where the population is high, thus offering a better margin of skilled labor, companies get to train and accomplish the work in a much lower cost.
• A Big Saving On Infrastructure Cost: When outsourcing a project, you do not have to worry about the infrastructure cost, which includes an office set up, employees, work space etc. All these cut in cost turns out to be a big saving for a company in totality.
• Work Done In Lesser Time: With the market getting highly competitive, there are lots of offshore software development companies that strive among themselves to attract more projects. Banking on this practice, you will get to enjoy the work done in much lesser time.
Disadvantages of Offshore Software Development
Like all things, outsourcing also has its share of cons which are provided below to assist you decide better:
• Low quality work: When the cost of the work gets reduced, chances are that the work quality will also get dropped.
• Selecting The Right Offshore Company: To choose the best professional offshore company is truly a tough job. If you pick an inefficient organization, there’s scope that your project will get hampered hugely.