Tag: outsourcing software development

Categories
Mobile App Development

The Ultimate Money Transfer App Blueprint

money transfer app

Significant changes in the financial services industry have taken place and an internet connection is all one needs to perform any time-consuming financial transaction via a mobile app. Today’s online money transfer apps offer customers maximum speed and convenience and give them access to whatever information they like, receive and perform basic operations.

But the challenge here is achieving the main goals of any payment system- creating a robust, efficient, and legally compliant platform that is user friendly.

But, what is the blueprint to build a secure and user-friendly money transfer app? Here we bring to you this simple guide to help you do better with your money transfer app.

1. Strategize around the business model

You need to study your target audience, find their unique needs, and determine the context in which they will use your application. This will help you to refine your selling proposition and pinpoint the right product-market match.

2. Design the App’s Architecture

Design the app’s user experience and define its architecture. Pay attention to the P2P App’S architecture and how it really works.

3. Create the App’s UX/UI

It is important to create an interactive graphical shell for your app so that everyone can see it and understand its functionality. 

4. Money Transfer Portal Development

In the process of integrating all the core features, work on the implementation of a so-called money transfer portal. 

  • Develop e-wallets to make it possible to send and receive funds through multiple channels in many countries
  • Make contactless bill payments
  • International money transfers
  • Currency exchange 

During this process, you must also implement the ability to set limits on sending / withdrawing funds, the number of transactions per day and so on so that your future customers can do everything related to controlling their funds and financial transactions.

5. User Management Modules

Your app system should have different interfaces to perform different roles for a cashier, admin or auditor along with creating balance histories and monitoring the account activities. 

Running marketing activities and setting up promo codes can be added as well as sending emails and messages to engage with the customers.

6. Ensuring Security

As with any banking app, your money transfer app requires the highest security to establish the safety of your customers. Take advantage of identity verification. It is also highly recommended to include counter-terrorism financing compliance in your application.

If you are just starting the development of your app consider compliance with basic but necessary security options, such as:

  • Data encryption
  • Backups and recovery
  • Limited access to certain parts of your system
  • Session time limits

Then what?

When creating a money transfer app, most of them don’t think about it much after releasing a product. But the development of successful products never stops. Behind the scenes, developers, testers, and designers should keep creating new versions. 

So, set your business up for online success. Our team at Techcedence is always ready to bring your best money transfer app ideas to life in no time! Reach out to us now!

Categories
Hire Our Resources

Hiring Dedicated Node.js Developers in 2023: Steps, Benefits, and Challenges

Hire Node.js Developers

Node.js, a cross-platform and open-source server environment, is known for its benefits like code sharing and reuse, several free tools, optimal speed, performance, etc. It is one of the most used web frameworks, with a developer respondent base of nearly 48 percent. No wonder many companies worldwide look to leverage Node.js!

However, to make the most of Node.js and its benefits, you need the right set of Node.js developers. But how do you do that, and what challenges might you encounter during the Node.js hiring venture? Here’s a blog that acquaints you with some.

How to Hire Node.js Developers?

So, how to hire Node.js developers? Here are the steps involved in it.

  • Create a Proper Job Description

The first step toward hiring the best-suited Node.js developers for your project is writing the right job description. The idea is to set the expectations right to receive applications closely aligned with your requirement.

  • Specify the Employment Type

The next step is to specify the employment type you intend to offer. It depends on your project requirement. Mentioning the employment type – in-house full-time, contractual, part-time, or freelancing will help you receive applications accordingly. 

Not doing so may lead to potential mismatches. You may spend much of your time filtering applications that match your requirement.

  • Search for the Best-Suited Node.js Developers

The next step is to float the requirement in the employment market, connecting with recruitment agencies and finding the best match for your requirement.

  • Shortlist and Interview

While your specific requirement and recruitment partners will help you receive applications best aligned with your needs, you may still be required to shortlist the best of the lot. Once you do that, the next step, of course, is to interview them. 

Design an interview that tests the candidates on multiple parameters like approach, personality, technical expertise, reliability as a professional, etc.

  • Outsource Node.js Hiring to Experts

Hiring the best Node.js developers can sometimes get complex and time-consuming. Besides, hiring Node.js developers from a particular region may be challenging, especially when you don’t belong to it. A smarter alternative to conventional hiring is outsourcing the recruitment part to expert companies.

These companies can serve as comprehensive Node.js development partners, helping you hire the right candidates and end-to-end project completion. Outsourcing helps save costs and time, ensures quick scalability, and helps your focus on your core business.

Benefits of Hiring Node.js Developers?

Here are some advantages of hiring qualified and experienced Node.js developers.

Benefits of Hiring Node.js Developers
  • Superior Product Quality and Customization

Expert and seasoned Node.js developers with a comprehensive understanding of client’s needs can contribute to better product quality. Besides, their extensive capabilities can help you customize the product to your needs. 

  • Extensive Technical Expertise

Specialist and competent Node.js developers possess extensive technical expertise. They are abreast of the latest technology and trends, and updates in their realm of work. This proves advantageous for companies that hire them. It refers to competent onboarding talent that helps them build resonating applications.

  • Transparent and Regular Communication

Professional and capable Node.js developers provide regular updates and ensure communication transparency throughout. It helps you, as the employer, or the client, keep track of the project’s progress.

  • Timely Project Completion

This is another significant advantage of hiring professional Node.js developers. Having the right set of dedicated Node.js developers help you ensure timely project completion, and save considerable costs, especially when you hire Node.js developers via outsourcing companies, where the service provider bears the employment costs.

Potential Challenges in Hiring Node.js Developers

Some challenges that you may confront while hiring Node.js developers include the following. Of course, partnering with the right company that helps you find the right Node.js developers can resolve those challenges. But knowing what can impede your Node.js endeavors can help you prepare for it proactively.

  • Lack of access to a broader pool of Node.js talent
  • Inability to find the best-suited candidates
  • Redundant talent acquisition strategies
  • High hiring costs
  • Unclear job requirement
  • Poorly organized interview process and rounds

Looking for Node.js Developers? Hire Them Through Techcedence!

India is one of the world’s largest reservoirs of Node.js developers. While scoring high on qualifications and experience, India’s Node.js developers are cost-effective and result-oriented. At Techcedence, we can help you hire Node.js developers aligned with your requirement. So, don’t struggle with hiring Node.js developers. Hire the right ones effortlessly with us. Please email us at sales@techcedence.com to know more.

Categories
Development

7 Tried, and True Methods for Reducing Software Development Costs While Maintaining Quality

Software development costs

Software development, especially custom software, could become an expensive affair, considering the various unique elements involved. The more specific you get in terms of resources and technologies, the higher the software development costs. 

Now you know you need a custom software solution. You cannot help that. But on the other hand, you cannot let the development cost blow out of proportion either! Besides, you have quality as an aspect to combat!

So, how do you control software development costs, especially while maintaining the desired levels of quality? Here are seven tested and proven ways.

1. Proper Planning Before Budgeting!

Do you budget a journey first and then plan it? Of course, not! You wouldn’t know what elements to involve in the budget if you do not have a plan in place. 

Software development also resembles a journey wherein you first put up a proper plan in place and then take up the budgeting aspect. The right way of doing it is to gather all the stakeholders and take valuable inputs concerning the software development plan, objectives, and the returns you expect from the venture.

You can have a software development consultant by your side, with whom you can coordinate while preparing the plan and the budget.

The consultant can help you categorize every aspect and prepare the cost estimate so that you can dedicate a particular monetary sum to each while keeping some buffer to accommodate unforeseen costs.

2. Choose the Right Development Approach

Right Development Approach

Software development has evolved significantly over the years. A crucial part of its evolution is the various development approaches. The most popular and highly cost-effective among these is the Agile methodology.

Agile is an iterative approach to software development. It enables the teams to deliver better and quicker value to their customers with fewer hassles to resolve. The approach involves creating smaller goals and delivering them instead of relying on the big launch. 

Agile development also includes continuous evaluation of plans, requirements, and results so that nothing comes in as an unpleasant surprise at the last moment. 

In other words, you exercise better control over the development part while controlling costs and maintaining quality.

3. Release an MVP

An MVP, as you may already know, is a Minimum Viability Product. It is representative of the actual product with fewer features and functionalities good enough to help you generate and receive target user feedback and response.

Building an MVP helps immensely. It helps you gather real-time user sentiment and enables you to identify areas that require changes, improvements, etc. The launch becomes much more informed with an MVP insight on hand. 

After all, you want your software to resonate with your users, who could be your employees, clients, etc. An MVP helps you save a considerable amount of costs otherwise incurred in making changes or redevelopment after the launch.

4. Choose Features Wisely

Out there, there’s so much to look at and use. Features aren’t an exception. Software development has progressed to the extent that software development companies can develop and integrate almost any feature their client wants. 

But here, what matters is what you and your users need in terms of features and functionalities. The more feature-rich your software application, the more expensive it gets. Thus, the key is to identify what you need during the initial stage. 

You might launch with a particular set of features and functionalities and then add or remove them per user needs, feedback, and evolving requirements. It will help you control costs while ensuring you deliver precisely what is required.

5. Select the Optimal Technology Stack

Optimal Technology Stack

When it comes to software development costs, technology plays a role equally decisive as features and functionalities. Thus, you should choose the right technologies with an expert and experienced software consultant by your side. 

The more popular the technology, the easier it is to find its developers and community support. But don’t let popularity alone drive your decision. Evaluate every technology to understand if it will serve your purpose or not. 

6. Include Quality Testing from the Early Stages

Every error found in the software application will cost you money. But imagine a bug is identified after the application has launched! The result is a huge amount of costs involved in resolving it. One secure approach to prevent such situations is to include quality from the early stages and keep it a part of the development process.

7. Outsource Software Development

Outsource Software Development

Outsourcing software development to a software development company benefits you in various ways. It saves efforts in building an in-house team and reduces overall project costs, as salaries, employee benefits, and infrastructural costs are the outsourcing company’s onus. But simultaneously, outsourcing allows you to broaden your talent access. You can have more experienced developers and testers onboard while restricting your role to reviewing the project progress and results. Thus, outsourcing helps ensure quality and, at the same time, cost-effectiveness.

Build cost-effective yet superior quality, scalable and robust custom software applications for your business domains with Techcedence. Our team of consultants, developers, testers, and other vital members help you make the right choices, execute your project on time, ensure product quality and help control cost across every stage.

We offer various engagement models to let you choose the best-suited from the cost, project control, and product quality perspective. Email us at sales@techcedence.com to learn more about our software development capabilities.

Categories
Outsourcing and Offshoring

How to Come Up with an Effective IT Outsourcing Strategy for Your Business

Effective IT Outsourcing Strategy

Many companies consider outsourcing an effective strategy to manage their ever-growing and evolving IT landscape. And, it isn’t for no reason that they look up to outsourcing. IT outsourcing can help companies save up to 35-40 percent of their overall annual IT costs when planned and executed meticulously. That translates to millions of dollars retained and increased profitability in the long run!

But IT outsourcing isn’t as straightforward as it may appear. It isn’t a tactical move but a strategy that requires a thoughtful approach and the time and effort spent in pre-planning and identifying what matters. If you’ve decided to outsource IT services to an IT outsourcing company, ensure you plan the strategy well and make decisions that deliver tangible results. Here are some guidelines that can help.

5 Guidelines to Create a Useful IT Outsourcing Strategy

Here are some elements to factor in while devising an IT outsourcing strategy.

  1. Identify What and When to Outsource

When it comes to IT outsourcing, you don’t have to outsource anything and everything necessary. Some aspects of your IT infrastructure could be very well managed in-house, and you wouldn’t have to outsource them. Accordingly, assess your existing capabilities, infrastructure, challenges, pain points, unrealized financial losses, etc., to know which all aspects of your IT infrastructure to outsource. It will help you precisely outsource only where you need external help and retain the rest with yourself.

Now, when should you outsource IT functions? You could feel the need to do it on various occasions. For instance, you may outsource it when managing IT in-house is stressing your full-time resources, when the in-house IT management costs have blown out of proportion and taking a toll on your profitability, when you want to focus on the other equally crucial aspects like expansion, scalability, collaborations, etc. 

  1. Define Your Outsourcing Goals

Saving IT costs isn’t the only reason companies outsource. There could be many other goals that could drive the decision. Some other purposes could be establishing new services to bring in new clients, expanding current services to retain the existing ones, onboarding better technologies, achieving IT excellence, and ensuring IT compliance. 

Once you identify your actual outsourcing goals, identify the measurable goals. The more defined your goals, the better your outsourcing choices and strategy. 

  1. Understand Outsourcing Risks

Outsourcing is a globally tested and proven strategy. But it carries some potential risks, which you, as the company looking to outsource IT services, should know. Some possible ones could include inexperienced and inadequate staff managing your IT infrastructure, a poor or unresponsive support team, various hidden fees that could add to the outsourcing costs, compromised security, non-compliance, etc.

Of course, that doesn’t mean you shouldn’t outsource IT. It refers to being more careful and addressing these concerns before you sign the final documents. Planning SLAs carefully and ensuring the proper measures, penalties, and strict control over the outsourcing project is necessary while handing over your IT operations to an external team. Thus, you must choose a reliable, credible, and proven IT outsourcing company.

  1. Evaluate the Various Outsourcing Engagement Models

Over the years, outsourcing has evolved significantly to let multiple outsourcing engagement models emerge. You can leverage these models to achieve your outsourcing objectives. Some engagement models include the following.

  • Staff Augmentation: Recruiting external resources and looking after specific IT tasks while following your instructions and SLA clauses.
  • Dedicated Team: Hiring external people to extend the capacity of your in-house team. It refers to complete outsourcing without any in-house intervention. 
  • Project-Based Model: Outsourcing companies exercise complete control over a particular project from its beginning to completion.

Your prospective IT outsourcing company should decipher your needs and objectives and help you choose the suitable outsourcing model.

  1. Weigh Your Existing IT Management Against Outsourcing Costs

Outsourcing is considered a cost-effective strategy. But not always! At times, the various fees and factors involved in outsourcing could make it costlier than insourcing. To avoid letting that happen and stay alert about it, you must have a comprehensive report and breakup of your in-house IT management costs. 

Once you have that, you can ask for a detailed outsourcing cost breakdown of various outsourcing models and identify what’s more commercially viable.

Are you looking to outsource your IT functions? Partner with Techcedence. We are an IT outsourcing company of global repute and track record. While offering end-to-end IT outsourcing, we can also help you with consulting solutions that enable you to make informed and commercially more beneficial outsourcing decisions. Please write to us at sales@techcedence.com. Our experts will connect with you to take things ahead.

Categories
Outsourcing and Offshoring

Pros and Cons of Offshoring

offshoring

As an entrepreneur, you must have heard about offshoring. It involves relocating a company’s operations fully or partially to a foreign country. The most obvious benefits business owners expect from offshoring are reduced operational costs and increased profitability. And many companies have been successful at it! 

However, as someone eyeing offshoring, you must remember that offshoring is a strategic decision that involves a considerable investment. Hence, while focusing on benefits, you must also be cognizant of its cons or challenges. Knowing the pros and cons can help you optimize the benefits and mitigate the risks that offshoring could pose. Here’s a blog that talks about both.

4 Pros of Offshoring

Let’s start with the pros of offshoring and then proceed also to review its cons.

1. Considerable Cost Savings

As indicated earlier, this is the most significant benefit. Companies that plan every aspect of offshoring and partner with a reliable offshoring company save money and simultaneously augment their profits.

Usually, it is developed countries like the US, Canada, the UK, Australia, France, Germany, etc., that offshore their operations to developing countries. 

But the country of operations undoubtedly matters. It usually includes India, China, or the Philippines. These countries have relatively less expensive labor. In addition, the operational costs also are comparatively less there.

Per experts, offshoring your operations, for instance, software development can result in about 15-20 percent cost savings. The percentage could mean millions for companies with a significant business volume. 

2. 24/7 Operations

Offshoring proves to be a prudent idea for companies, for 24/7 operations aren’t feasible on their native soil. For instance, a US company offshoring customer support to a firm in India can reap the 24/7 operations advantage without engaging any local resources for it. Thus, with the required training and infrastructure, companies can provide round-the-clock services to their clients. 

3. Broadened Access to Expertise

Offshoring to a foreign country allows companies to leverage access to a broader range of talent – precisely skills absent or very expensive in their country. 

When it comes to IT offshoring, countries like India prove to be very useful. They have abundant skills available across the IT domain. It includes developers, testers, project managers, consultants, cybersecurity experts, and many more. 

While it isn’t that developed countries, do not have experts in these areas. They come at a relatively high cost tethered to them. These costs could collectively add to the project’s cost and affect profitability. 

In addition, offshoring provides a higher degree of flexibility and scalability. Working entirely with in-house resources doesn’t offer that advantage. Screening, hiring, interviewing and onboarding are arduous tasks that could pressurize companies, given project exigencies.

4. Focus on Core Business

This is very obvious. Companies that do not have expertise in a particular area might struggle with every aspect of it. But offshoring allows them to stay relieved about the operational aspect. They can focus on their expertise and the things at which they are the best.

4 Cons of Offshoring

Let’s now look at the flip side of the coin. Knowing a few challenges of offshoring can help you prepare and plan for them. Here are four of them.

1. Cultural and Language Barriers

This could be the first roadblock to seamless offshore operations. While language is one challenge, cultural differences could quickly escalate if not addressed proactively. Thus, it is imperative for both parties to understand each other’s culture.

Thanks to globalization. Things aren’t as complicated these days. People have the internet to study each other’s culture and language. Many companies send their employees to the client’s country to learn about operations and the client’s culture to avoid unnecessary conflicts. 

Virtual learning has further simplified communication. The entire team can attend virtual sessions and learn about cultural aspects and nuances from the client.

2. Reduced Operational Control

Another significant potential disadvantage of offshoring is reduced operational control. We say it is potential because it isn’t the case with every offshoring project. Some amount of control (routine decisions and operations) surely remains with the vendor company. But yet, clients can still prepare agreements that allow them to pull the strings and drive the project.

Thus, it all depends on the contractual terms and conditions. In most cases, clients retain maximum control to steer the operations based on their needs.

3. Jobs Exported to Other Countries

Many consider offshoring detrimental to a particular country’s jobs. The larger the operations, the higher the number of jobs exported. While it is beneficial for companies within their context, a greater number of companies doing it can significantly affect the country’s employment landscape.

4. Payroll Complications

Payroll is a complex aspect to deal with, no matter the country involved. When you offshore operations to another country, you introduce a wholly new set of payroll laws, rules, and regulations into the picture. Not having the right offshoring vendor can make things even more complicated and lead to pecuniary repercussions in the form of fines. Let alone the loss of reputation!

Are you looking to offshore software development in India? Consider Techcedence. We are an experienced technology partner with the resources, expertise, and experience handling offshore IT projects for various countries worldwide. Our consultants provide their strategic know-how and help you plan the offshoring operations to minimize risks and help you achieve a higher return on investment. Please write to us at sales@techcedence.com to know more.

Categories
Hire Our Resources

7 Countries Preferred for Outsourcing Mobile App Development Projects

Outsourcing mobile app development

Mobile app development has become imperative for every business, whether B2C or B2C. But considering the costs and efforts involved, companies from most countries, mainly the developed ones, prefer outsourcing the project. Talent availability is another factor that drives this decision.

India is the first choice that comes to everyone’s mind. But is that the only option? No, India still outranks every other country in this space. But it has peers too! So, along with India, let’s look at six more countries that could form a potential choice for mobile app development outsourcing.

Note: The list below is random and isn’t based on rankings. Figures like salary ranges, number of English speakers, developers, etc. are approximate and shouldn’t be considered a benchmark for negotiation or any kind of decision-making.

1. India

India is a default choice in outsourcing. Of course, India’s prime position is supported by many reasons. Some of them include the massive number of English speakers, STEM graduates (which is in millions yearly!), unmatched math expertise, and thousands of startups, SMEs, and global IT enterprises.

Outsourcing Mobile App Development - India

But there are commercial reasons as well. The average hourly salary of an Indian mobile app developer is about USD 8-10. Besides, the operational cost in India is considerably lower. Not to forget the number of extra hours Indians can pump in as required to fulfill the project’s needs!

2. China

China, in India’s north-eastern neighborhood, is another massive player in the outsourcing realm. It is home to many fastest-growing IT companies and produces nearly five million tech graduates yearly. 

outsourcing software development - China

Of course, China has a few disadvantages as well. One of them is the fewer English speakers compared to its enormous population. In addition, the country has lax enforcement of IP laws. Speaking of the average hourly remuneration, China is almost USD 22-30.

3. The Philippines

Per reports, Manila is ranked as the second-best city outsourcing in the world. But is that the only reason you must outsource mobile app development to the country? No. With over 90 percent of the country’s population speaking English, the Philippines is one of the largest English-speaking populations in the world. The average hourly compensation of a mobile app developer in the Philippines is approximately USD 8-12.

outsourcing software development - Philippines

The country also has a specialized STEM high school and has taken many visionary steps to enhance the country’s prominence on the global outsourcing map. But the Philippines is still developing in terms of mobile app development. So, considering the existing skill gap, you may consider the Philippines outsourcing simpler projects. For the more complex ones, you may choose India.

4. Ukraine

outsourcing mobile app development - Ukraine

Ukraine is currently undergoing turmoil due to the ongoing war. But the country has its significant merits to advocate. It is home to the largest number of C++ programmers globally. English isn’t as widely spoken in Ukraine. But fortunately, more than 75 percent of its IT workforce can conversate in English. The average per-hour salary of a mobile app developer in Ukraine is about USD 10-12. 

5. Brazil

Brazil shouldn’t come as a surprise, as the company is one of the world’s fastest-growing economies and has some impressive statistics to tell. Some include the number of English speakers in the country (roughly over 6 million). 

outsourcing software development - Brazil

In addition, the country has a workforce relatively younger than its counterparts. Of course, Brazil is developing, and you may find many junior developers here. So, you may consider outsourcing lesser complex projects. But for advanced and demanding ones, travel east to the more developed IT ecosystems.

The average hourly salary of a mobile app developer in Brazil is somewhere around 12-15 USD.

6. Canada

Canada has emerged as a solid contender in the mobile app outsourcing business. The country could be a reliable outsourcing partner for its neighbor, the US, considering cultural similarities, similar time zones, and the number of compatible and competent English speakers. 

outsourcing software development - Canada

However, while these competencies could impress one, the average hourly rate of a mobile app developer, about 45-50 USD, could be concerning. It is almost the same as the US, which might not have any pecuniary benefit while outsourcing mobile app development to Canada.

7. Poland

Poland is another mobile app outsourcing destination on our list. It has many skilled programmers who can deliver outstanding mobile applications. In addition, about 25-30 percent of the Polish population speaks English. So, this is another advantage for western countries. 

outsourcing mobile app development - Poland

Not exactly a challenge, but Poland’s time zone could require companies in the US to make some time adjustments while arranging calls. The average hourly salary of a mobile app developer in Poland is USD 15-20.

Mobile app development is a highly specialized area. So, if it isn’t your core business, outsource it to experts like Techcedence and focus on your responsibilities. Our highly qualified and experienced mobile app developers build inspiring and exemplary mobile applications that help you redefine success.

We excel in every area, from talent to technology. Thus, save costs, leverage the best of resources, and get an incredible mobile application tailored to your business needs and objectives. Write to us at sales@techcedence.com, and let’s look to build a fruitful and long-term business relationship.

Categories
Hire Our Resources

Top 7 Potential Advantages of Offshore Outsourcing in Business

Top 7 Potential Advantages of Offshore Outsourcing in Business

Offshore outsourcing is a tested and proven strategy. It involves hiring a third-party supplier to conduct the specified tasks remotely from a foreign country. With an outsourcing market size of nearly four billion dollars, India is one of the largest vendor nations worldwide and a credible partner. But as opposed to in-house operations, which could appear more controllable, what drives companies towards offshore outsourcing? Let’s find out seven potential benefits.

1. Considerably Lower Salaries

This is one reason, in addition to lower operational costs (which we will discuss shortly), that drives foreign companies towards offshore outsourcing. They might have the talent to drive success, albeit at a cost exorbitant enough to blow the project’s overall budget out of proportion! 

Outsourcing a particular task or a project to a foreign country (preferably a developing one) helps them get the resource cost advantage. Salaries in developing countries are significantly lower than those in developed countries like the US, the UK, Australia, Canada, etc.

For instance, the average hourly rate of a software developer stationed in India is about USD 25-30. This is royally lower than the hourly rate in the US, which is about USD 69-72. You may do the math to calculate the savings. No wonder India is a paradise for these countries when it comes to offshore outsourcing!

In addition, companies save on employee administration, benefits, Mediclaim, insurance, etc., which are high in the US and lower in developing countries. 

2. Substantially Lower Operational Costs

Operational costs are pretty low in developing countries. Of course, it depends on the city and the country where you outsource the job and the prevailing inflation rate. However, even at a steady inflation rate, the operational cost in developing countries remains substantially lower than the developed countries (unless the geopolitical situation goes awry and there’s a surge in inflation!)

Thus, politically stable countries can offer a better proposition to countries looking to offshore outsourcing and gain a cost advantage.

3. Broader Talent Access

Offshore outsourcing allows you to venture beyond your geographical frontiers and tap talent otherwise beyond your physical reach. Outsourcing a project or a set of tasks to a reliable offshore outsourcing company enables you to leverage a broader talent pool for your business and use its intellect for your business.

For instance, if you outsource software development to India, you’d have an extensive pool of resources. You can have everything from developers to testers and show-runners to reap a higher RoI from the decision.

4. No Hiring Hassles – Faster Hiring

Hiring could prove to be arduous, especially when the requirement is specific, which is often the case. But with offshoring outsourcing, the recruitment onus is on the company that will execute the project. Their network and access to resources enable them to hire more quickly than the client company could. 

In addition, client companies stay relieved, as they can limit their role to assessing and interviewing only people who are project managers and above.

5. Quicker Scalability

Scalability is a critical concern when you attempt to manage a project in-house. When the project grows, what will you be doing, driving project growth and its needs, or focusing on beefing up the team size?

Offshore outsourcing proves to be significantly advantageous here. As the company outsources work, you don’t have to worry about scaling the team size. It is for the outsourcing company to manage, as they are the ground project owners, and it is their responsibility to hire more people.

Partnering with reliable and credible outsourcing companies can help here, as their experience keeps them prepared for project growth and scalability. They can respond to such needs positively without affecting routine operations.

6. Time Zone Differences

Time zone is a significant benefit when it comes to offshore outsourcing. Usually, when it comes to offshore outsourcing to India, companies in the US, the UK, etc., benefit from the time zone. India’s strategic +5:30 time zone is advantageous for them, enabling them to extend their working hours.  

7. Focus on Core Business

Offshore outsourcing involves projects or tasks a company cannot deliver or complete on its soil. It is due to the lack of talent or costly operations and resources. By outsourcing, companies stay relieved from the operational aspect of the project and restrict themselves to periodic reviews. They can focus on their core business while the outsourcing company ensures continued operations and expect product quality and timely project delivery.

Are you looking to outsource software development to India? Choose Techcedence! We are an end-to-end software, mobile, and web application development company, involved in everything from project planning to delivery and maintenance. Our expertise and market hold also allows us to help companies hire resources for various IT-related projects while having complete control over the deliverables, operations, and the project.

Click here to connect with us and discuss your needs.

Categories
Hire Our Resources

Benefits of Hiring Indian Developers for Software Development

Benefits of Hiring Indian Developers

India’s growth as a global IT hub is neither new nor a surprise. It has always maintained its identity as a progressive nation, open to new ideas and investments. India’s IT sector started growing in the early 2000s. After a couple of decades, almost every global technology enterprise has an office in India. 

India’s extensive talent pool is one of the most significant reasons for such exponential growth. It includes technology consultants, project managers, testers, and developers. Speaking of the latter, India is one of the world’s favorite software development destinations. Of course, the country’s developers have the lion’s share in it. But why do so many companies employ Indian developers for software development? Let’s find out the reasons.

5 Benefits of Hiring Indian Software Developers

From substantial cost savings to a broad talent base, these five reasons make Indian software developers preferred worldwide.

1. Considerable Cost Savings

This is the first and foremost aspect that companies outsourcing software development consider. Every company wants to keep development costs under control and raise the RoI. Outsourcing software development to India proves to be significantly advantageous. But how is that?

The average per-hour cost of a junior Indian developer is about USD 12-22, and that of a middle-level professional is USD 22-42. The cost of senior professionals exceeds USD 50. But companies mainly hire junior and mid-level developers. These average hourly costs of both are substantially less than Poland, Singapore, Brazil, etc. Of course, a few more countries offer even less expensive resources. But the cost isn’t the only factor that makes Indian developers a standout!

2. Strategic Time-Zone Advantage

India is located at a strategic location. The +5.30-time zone is advantageous for countries like the US, Canada, the UK, and Australia – from which Indian software companies receive software development projects.

So, in the United States, which is nine to ten hours behind, Indian developers work during the daytime when it is night in the US. In some cases, some companies may provide developers working during the night hours to serve the daytime hours of the US as well. The UK, which is five and half hours behind, also has more or less the same story. Australia, which is a few hours ahead of India, also benefits equally. For Australians, outsourcing software development to India refers to ensuring continued project operations until late at night. 

3. English-Speaking Software Developers

Why do you think so many global technology giants have offices in India? Of course, covering the vast Indian market is one aspect. But what’s beneficial for these companies is the availability of English-speaking IT professionals. 

Hire english speaking indian software developers

Most Indian developers are qualified and proficient in written and verbal English communication. These soft and hard skills make Indian developers a popular business proposition for Indian IT companies looking for foreign projects.

4. Extensive Technical Knowledge 

Indian software developers possess extensive technical knowledge. Most are proficient in multiple technologies, frameworks, programming languages, platforms, etc. Many are full-stack developers who can handle the front and backend. Besides, several developers are experts in developing applications for Android as well as iOS. These factors help save costs and several person-hours spent in recruiting separate talent for every need. 

5. Range of Software Developers

You name it, and Indian companies have it! India’s range of software developers includes skills like React Native, AngularJS, Android, Java, Blockchain, Laravel, iOS, PHP, Python, NodeJS, and many others. So, once you start searching for developers in India, you wouldn’t have to go anywhere else!

core technologies bi indian developers

Are you a company from the US, UK, Canada, Australia, or any other country looking for Indian developers? Connect with Techcedence. We offer expert developers with over four years of experience. Our attributes include complete transparency, control, and time zone flexibility. In addition, we provide responsible developers who adhere to deadlines. Not to forget, you can always bank on us for quick scalability. Write to sales@techcedence.com to know more.