Software outsourcing isn’t a new term. It has been around for a few years now and many organizations are actively taking advantage of this burgeoning market.

Software outsourcing primarily serves firms that rely on application development, infrastructure solutions, IT-reliant business processes, IT products and others services.

Currently, the market size of software outsourcing is around 130 million dollars. By 2025, these numbers are projected to hit a staggering 429 million dollars!

So, what is software outsourcing and what benefits does it entail? Read on to find out!

What is Software Outsourcing ?

Software outsourcing is a practice done by startups, SMEs and large enterprises where they assign certain software development tasks to a third-party vendor instead of leveraging in-house team/resources.

Whichever industry you look at, you will come across some sort of outsourcing being done as it is cost-effective and efficient.

When it comes to the technology domain, one of the most commonly outsourced IT functions is software development. In fact, according to a leading report, out of all the outsourcing activities in the IT field, more than 60% of outsourcing is done for software development purposes.

Why should organizations leverage Software Outsourcing ?

Let’s take a simple example:

You own a tech firm that wants to develop software in a cost-effective & efficient way. How would you do it?

By outsourcing development work to third-party vendors!

Some of the biggest benefits of software outsourcing are:

• You don’t need to rent a separate office space to accommodate all the employees.
• You don’t have to set up the development infrastructure
• You don’t have to spend your precious time and resources to hire and put together a professional team.
• Software and Product Development becomes blazing fast and cost-effective when compared to in-house development practices.

Apart from these, there are many other exciting advantages that entail software outsourcing:

Benefits of Software Outsourcing

You can get access to better technical talent

Software development outsourcing is an ingenious way to make up for a lack of in-house resources which includes professionals, infrastructure & other requirements. This enables you to worry less about software development and focus on other important tasks at hand.

To put it simply – you just need to come up with an effective product idea and once that is done, you can easily gain access to an all-inclusive package of analytical, consulting, design, marketing & development services via outsourcing.

Another challenge that gets addressed by outsourcing is the ability to get highlyskilled and talented professionals. In this case, you don’t get limited by geographical boundaries. Instead, you can set your primary tech talent criteria requirements which include professionalism and team skills. Even if your local tech talent doesn’t meet these requirements you can always go global and get a team that is perfect for your project’s needs.

Gather an Ideal Team for your Software Project

For developing software, simply relying on developers that take care of coding and a team to deploys the product won’t suffice. You need more!

To make sure that your product launch goes smoothly, you need to hire UI/UX designers, business analysts, copywriters, QA engineers and many other kinds of professionals.

If you try to gather all these professionals for your startup i.e., hiring and setting up the infrastructure then it will require a ton of resources. And sometimes you might need specialists that deal with Ai & AR/VR. Finding these specialists in your local area or a neighboring city is time-consuming and resource-intensive.

This is where software development outsourcing can help you gather a dedicated team filled with the right kind of professionals who hold years of expertise and are flexible enough to accommodate any new changes as they are communicated.

Outsourcing improves communication & collaboration

This is another big advantage of software development outsourcing. Instead of spending time creating a team and integrating tools to streamline communication & collaboration. Go for outsourcing.

This way you don’t have to waste your precious time setting up the infrastructure or integrating the tools. The third-party vendor and project managers take care of the needful.

These are some exciting benefits of software outsourcing that can help enterprises minimize costs, reduce workloads, accelerate development and drive growth.