Outsourcing is a pervasive practice among enterprises with a few exceptions like Independent software vendors. There could be many reasons for this. For instance, startups fear that their innovative ideas might be at risk if they outsource software-development tasks to an offshore software development company.
Traditionally, independent software vendors located across North America and Europe, engaged offshore service providers located in developing countries like India and China to outsource mundane, repetitive tasks to save on cost and time.
You can also opt for product development companies in Canada.
For instance, cost of maintaining an in-house team would be three times more than outsourcing tasks to companies in India where costs of resources are far too less.
However, as more and more independent software-development companies are emerging from developing Asian countries, the software landscape is becoming highly fragmented and competitive. Besides, American and European countries find it difficult to compete with their Asian counterparts who provide similar benefits at much lower cost as the cost of development is far too less.
Due to these competitive dynamics, outsourcing practices are catching on fast. Here are three reasons why outsourcing software-development tasks makes more sense to product development companies across America and Europe.
Making the right technology choices is imperative
According to Gartner – "The Market for tools to create consumer and enterprise facing apps is complex with over 100 potential tool vendors"
Mobility, Cloud and Social revolutions are changing the ways businesses use to manage their application or connect with customers. These concepts are disrupting the market and consequently making the technology landscape more competitive. There are so many competitive technology choices that it becomes difficult to make the right choice.