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Complete Guide To Hire Offshore Developers – Process & Benefits of Hiring
For the past couple of years, “Hire Offshore Developers” has been one of the hottest topics worldwide. However, the opinions of people and businesses differ. Some believe it’s a great way to achieve business goals and some say it’s hard to trust an offshore team because a business has to share crucial data. Nevertheless, the global IT outsourcing market is expected to generate $425.19 billion in revenue by 2026.
No matter what opinion certain businesses uphold, the offshore development model is inevitable. In fact, the growth and trend to outsource project requirements to the offshore team are drastically increasing over the past few years. Moreover, many organizations want to hire an offshore development team for many good reasons. However, due to a lack of complete and appropriate guidance organizations take a step back.
In case you also have questions about “Why Should You Hire Offshore Developers?” then you have come across the absolute right place/page. Today, in this blog, we will walk you through every bit of offshore developers/ development/ team/ model. Be ready to get fully convinced to hire offshore talent by the end of the blog.
Why Do Companies Choose Offshore Development?
Nowadays, the throat-cut competition in the IT industry has increased the demand to hire offshore talent. As many new technologies have emerged, there is often a dearth of desired skilled developers. Thus, it has become a go-to option for most businesses to look for a reliable offshore company to achieve business goals. Consequently, 37% of small businesses most often outsource their business process for better outcomes.
Many big giant companies like Google, Microsoft, and Alibaba have been already utilizing the offshore development model to accomplish desired business objectives off the ground. Moreover, the IT outsourcing services market is expected to be worth $1,070.28 billion by 2025.
Reasons Why Companies Use Offshore Talent
Establishing a business demands a lot of planning and strategizing, especially in the recruitment of the right talent. Moreover, maintaining the right balance of manpower (developers) is more critical in the IT sector. However, there is often a shortage of skilled professionals. Therefore, it becomes necessary to hire offshore developers for business growth.
The offshore hiring concept has been around for a long time but Covid-19 has given offshore a great momentum to the offshore industry as remote work was introduced. There are many other reasons that explain why most businesses prefer to hire an offshore development company. So let’s explore the most common reasons below;
Easy & Quick Hiring
As compared to the in-house hiring process, offshore hiring is easy, quick, and effortless along with many additional benefits. For example – offshore developers are more proficient in every context (skills, experience, tech expertise, etc.) than local developers. This means as a business you have more chances to succeed.
More Flexible Approach
The offshore development team offers a better and more flexible approach than other hiring models. As a business, you can hire a developer with specific tech expertise to achieve business goals in less time. However, the scenario would completely change if you prefer to hire a permanent source. Moreover, the outcomes will differ in each case because the offshore team is way more skilled than the in-house team due to the wide exposure.
Yes, you heard it absolutely right that offshore development is a cost-effective process in comparison to regular hiring. How? When hiring a developer for an in-house team, a company has to spend time, money, and effort but the outcome isn’t guaranteed and time consumption is also not assured. In fact, sometimes the selected candidates fail to perform but it’s too late for a company to reverse back and fix things. On the contrary, the offshore process is way more flexible and cost-effective to rectify things.
The fact that offshore development is highly efficient could be hard to believe for those businesses who haven’t yet invested to hire offshore talent. With an offshore model, a company gets full authority, as well as access, to plan the work/task and keep track of the same. In case one strategy doesn’t work or a developer doesn’t perform, you always have an option to switch in time without spending much capital.
Broad Market Out-Reach
From a business perspective, offshore development helps a business target a broader market. This helps a business to generate better revenue. Also, a business gets exposure to a global talent pool to work and engage with them for benefit purposes.
Talented & Scalable Team
The offshore development team is most often more talented and scalable as they have more experience and expertise in handling the complete project virtually with high proficiency. For instance – you hire React Native developers, especially for a mobile app development project to get the things done in time.
Unlike the in-house team, the offshore development team has better availability. Moreover, the time zone and region difference allow your business to be available for more hours than your competitors. This spreads a very positive impact on your users or targeted audience.
Benefits of Hiring Offshore Developers
Although many businesses have second thoughts before hiring an offshore development team, the trend of outsourcing development projects to offshore developers for better outcomes has increased the demand for skilled IT professionals globally. Moreover, businesses have already started realizing and understanding the benefits of hiring offshore developers.
Advantages of Using Offshore Development Company
Are you also thinking about the pros of an offshore team? Yes! Read below;
Worldwide Talent Pool
When businesses hire offshore talent, get access to the global talent pool. On the contrary, during the in-house team hiring a business gets very limited access to talent. In fact, most often businesses have to compromise with the skills, experience, and technical expertise of a developer. As a result, the business has to face many cons. To overcome technical business issues, hiring offshore developers is the best and wise choice.
Reduced Overhead Costs
Although opting for offshore might not be a great decision in certain cases, it definitely reduces overhead costs such as office space, supplies, etc. For start-ups, offshore developers can be a boon if they use their talent wisely. However, it can also cost a lot of planning isn’t good.
Fast Turnaround Time
In offshore development, businesses can often expect a fast turnaround time. As developers are comparatively more talented, experienced, and versatile in project handling than an in-house team. In terms of complete project turnaround time, expect great quality, a swift development process, and on-time project delivery. Further, a business can utilize this time in the marketing of the product or service.
Quickly Meet Business Goal(s)
A business has to go through so many things such as hiring, management, marketing, development, etc. but the core work of the business cannot be overlooked at any time or cost. Moreover, sometimes it takes more time to find the right candidate (ie; hire WordPress developers) and in that case, the offshore development model can help a business to achieve organizational goals in time.
Target Niche Technology
In many scenarios, companies have to struggle in order to find the desired tech expert (particular technology-based). Moreover, sometimes the need or demand for a particular technology may not be for a long-term/project. In both cases, offshore is the best solution to overcome such problems. In fact, the offshore development team can help you outshine in business with the finest solutions and in-demand technology.
One of the most common reasons businesses nowadays prefer to invest in offshore development is because of flexibility. This means a business has complete flexibility and comfort in terms of hiring developers, team management, modification as per business needs, etc. These benefits further help a business to scale effortlessly in less time. Also, you can compete with the latest market demands to beat competitors.
Grow in-House Team’s Bandwidth
Running a business means being prepared for uncertainty most of the time. The most common issue every business faces is the availability of the right professional during the need. Hiring a candidate takes a lot of time, effort, and capital. However, a business operation process does not even if there is a shortage of manpower. In fact, sometimes the in-house team isn’t able to complete a certain task with full efficiency.
The offshore development team is the solution to conquer such common business pitfalls. In addition, offshore development increases the bandwidth of the in-house team to a huge extent.
Since an offshore development company helps a business save costs, it caters to a high-profit margin. However, a business has to utilize the offshore method appropriately to fully leverage the advantages.
Opportunity To Scale-Up
With the offshore hiring process, a business receives comparatively more opportunities to upscale in every possible aspect of the business. Wondering how? Well, there is a big difference between an in-house team and an offshore team. The offshore team consumes less time and renders better results than the in-house team. Moreover, a company gets an opportunity to explore more with an offshore team.
Focus on The Core Business
The offshore development model allows a company to remain focused on the core business instead of worrying about other things. For instance – hiring is a continuous process but it shouldn’t impact the operations or revenue of the business. This means no matter what happens inside the company, a business must go on.
How To Hire The Experienced Offshore Developers For Your Business?
In the present cutting-edge competition era, getting ahead in a crowded marketplace is hard. However, there are many ways to transform your business to the next level and conquer. If you are wondering about the best solution to overcome IT sector problems, then look no further than the offshore development model.
NOTE: In case you are new to the term offshore or unable to differentiate between outsourcing and offshoring, then read on “Outsourcing vs Offshoring!”.
Steps To Hire Offshore Developers For Your Business
To know how you can discover the best offshore developers for your business, check out the steps mentioned below.
Step 1 – Identify Requirements
The most important step to succeed in business is to be well-versed with your requirements. If you are unaware of what to hunt for, then you’re simply wasting time and money. To fully understand your business and its needs, you must invest time and deeply analyze things. Never forget to check on the offshore developer’s locations you want to hire developers for your project.
Step 2 – Ask For Recommendations
One of the best ways to find the best and most seasoned developers is to ask for maximum recommendations. This will help you overcome pitfalls and failures because recommendations come from a genuine and great experience. Moreover, it saves time, capital, and effort which further helps in a quick solution.
Step 3 – Check Freelance Platforms
Another way you can follow to find the best offshore developers is from freelance platforms. There are so many reputed and trustworthy freelance portals present in the market such as Upwork, Freelancers, Toptal, Fiverr, PeoplePerHour, LinkedIn, etc.
Step 4 – Prepare Budget Limit
Never ever forget to prepare your budget prior to connecting with any developer or offshore development company. In case you will wander in the offshore marketplace without planning, you may feel lost or pay extra for service. Planning is a must to consider especially expenditure to save money.
Step 5 – Conduct Interviews
Do not ever settle for first as you never know what’s better on your way when conducting interviews. In addition, follow a structured interview process to get better outcomes or understand the caliber of the developer to the fullest.
Step 6 – Evaluate the Skill Set
Without fully evaluating the technical skill-set do not hire offshore developers. In fact, prefer to conduct strict technical tests in order to assess the expertise of a professional.
Step 7 – Ensure Requirements Alignment
Meanwhile, do not forget to check your business requirement’s alignment with the offshore development hiring model. At any stage, if you feel things are not falling in place as per your needs or desires, re-check, and reconsider everything to get fruitful outcomes.
Step 8 – Sign The Contract
When satisfied with the overall process (for instance – you hire Shopify developers for an eCommerce project), you can sign-up for the contract. However, if you are either dicey or unsure of anything, then think and then move ahead.