This blog post will contrast and evaluate various software IT outsourcing services offered, examining each choice’s pros and cons. We’ll also look at the advantages of outsourcing firms, which offer a team of experts with a variety of backgrounds, as opposed to dealing with lone freelancers who might have more specific talents.

Software Outsourcing Platforms

Software outsourcing platforms are marketplaces where businesses can find and hire software development professionals.

Popular Software Outsourcing Platforms:

Upwork

A popular platform that offers a range of software development professionals. Businesses may employ developers on Upwork who are skilled in various programming languages, web and mobile development, software testing, and quality assurance.

Fiverr

A platform that specializes in freelance services, including software development. Businesses may locate freelancers on Fiverr who are experts in particular fields like UI/UX design, web development, and software architecture.

Freelancer.com

A platform that connects businesses with freelance professionals. Various software development services, such as web and mobile development, database development, and software testing, are available for organizations to hire experts on Freelancer.com.

Also Read: Choosing The Right Fit: In-House, Outsourced, Or Freelance Software Development

Benefits of Software Outsourcing Platforms:

There are various outsourcing platform benefits, such as:

Access to a Global Talent Pool

By using a software outsourcing platform, businesses can access a global pool of talented software developers who may have specialized skills or experience that are not readily available in their local market.

Cost Saving

Outsourcing software development projects can be a cost-effective solution for businesses as they can save on expenses such as salaries, benefits, and office space.

Flexibility & Scalability

Outsourcing allows businesses to scale their development teams up or down quickly, depending on their needs.

Reduced Risk

Software outsourcing platforms typically vet their service providers, which reduces the risk of hiring unqualified or unreliable developers.

Drawbacks of Software Outsourcing Platforms:

The disadvantages of software outsourcing platforms include:

Communication Challenges

Working with a remote team or freelancer can create communication challenges due to differences in time zones, language, and cultural barriers.

Quality Control

It can be difficult to ensure the quality of work produced by a remote team or freelancer, especially if they are working in a different country or culture.

Security Concerns

Outsourcing software development can create security risks, especially if sensitive data or intellectual property is being shared.

Lack of Control

When outsourcing software development, businesses may have less control over the development process, which can result in delays or unexpected results.

Also Read: 5+ Reasons Your Company Should Opt For Software Development Outsourcing

Best Software Outsourcing Companies

Software outsourcing companies are dedicated to providing software development services. These businesses employ a dedicated development team of developers with varying degrees of training and expertise.

Popular Software Outsourcing Companies:

ValueCoders

One of India’s top software development company with 18+ years of experience, flexible engagement options, a wide range of services, serving global clients, etc. ValueCoders provides highly cost-effective software development services to its global clients across diverse industries.

Tata Consultancy Service

a global IT services provider with a range of software development services. Software development services from Tata Consultancy Services (TCS) are available in a variety of forms, such as application development, legacy modernization, and cloud services.

Wipro

A global IT services provider with a range of software development services. In addition to the banking and finance sector, Wipro provides software development services for the healthcare, retail, and government sectors.

Infosys

A global IT services provider with a range of software development services. Infosys provides software development services to a variety of industries, including manufacturing, retail, and energy.

Also Read: Top 25 Custom Software Development Companies Offering Bespoke Solutions

Benefits of Outsourcing to an Organisation

Access to a Team of Experts

Software outsourcing companies typically have a team of experienced developers with specialized skills and expertise that may not be available in-house.

Cost Saving

Outsourcing software development projects can be a cost-effective solution for businesses as they can save on expenses such as salaries, benefits, and office space.

Flexibility & Scalability

Outsourcing allows businesses to scale their development teams up or down quickly, depending on their needs.

Reduced Risk

Software outsourcing companies typically vet their developers, which reduces the risk of hiring unqualified or unreliable developer.

Drawbacks of Outsourcing to an Organisation

The disadvantages of hiring a company include:

Communication Challenges

Working with a remote team or even an on-site team can create communication challenges due to differences in communication style and cultural barriers.

Quality Control

It can be difficult to ensure the quality of work produced by an outsourcing company, especially if they are working remotely.

Security Concerns

Outsourcing software development can create security risks, especially if sensitive data or intellectual property is being shared.

Lack of Control

When outsourcing software development, businesses may have less control over the development process, which can result in delays or unexpected results.

Also Read: A Guide To The Emerging Software Development Outsourcing Trends

Software Outsourcing Freelancers

Software outsourcing freelancers are individual professionals who provide software development services. These freelancers provide services across a multitude of outsourcing platforms, and they have a variety of abilities and degrees of experience to offer.

Popular Software Outsourcing Freelancers:

Toptal

A network of elite software developers and designers with a rigorous screening process to ensure quality.

Guru

A platform that connects businesses with freelance professionals in various fields, including software development. Guru provides a variety of software development specialists, including full-stack developers, mobile developers, and QA testers.

PeoplePerHour

A platform that offers freelance services, including software development. PeoplePerHour provides access to software development experts who are knowledgeable in various programming languages, web and mobile development, and software testing.

Benefits of Hiring Freelancers for Software Development

Cost-effective

One of the main benefits of using software outsourcing freelancers is that it is often more cost-effective than hiring a full-time in-house team. This is because freelancers typically work remotely and do not require office space, equipment, or benefits.

Access to Global Talent

Outsourcing to freelancers means you can access a global pool of talent, giving you access to experts in different programming languages and technologies.

Flexibility

Freelancers can be hired on a project-by-project basis, giving you the flexibility to scale your team up or down as needed.

Time-saving

Outsourcing software development to freelancers can save you time as you do not have to spend time recruiting, hiring, and training staff.

Also Read: 5 Common Pitfalls To Avoid While Outsourcing

Drawbacks of Hiring Freelancers for Software Development

The disadvantages of freelancers hiring includes:

Communication Barriers

Outsourcing to freelancers can result in communication barriers, particularly if they are in a different time zone or speak a different language.

Quality Control

Without direct oversight, it can be challenging to ensure the quality of work delivered by freelancers.

Security Risks

Outsourcing to freelancers may involve sharing sensitive information, which can pose security risks if proper precautions are not taken.

Dependence on Individual Freelancers

If a freelancer becomes unavailable or does not deliver as expected, it can cause delays and impact project timelines.

Also Read: Top 25 Custom Software Development Companies Offering Bespoke Solutions

Why Choose a Software Outsourcing Company?

There are several reasons why businesses might choose a software outsourcing company, like ValueCoders, including:

A Team of Experts with Extensive Experience

Software outsourcing services employ a group of specialists with a diverse set of abilities and levels of experience. Hence, companies have access to a large pool of professional talents who can offer top-notch software development services. Businesses frequently take a more systematic approach to project management, which can ensure to guarantee that the project is finished on time and under budget.

Higher Level of Control Over The Project

Businesses have more control over the project when working with a software outsourcing services company than when working with a freelancer or a platform. Businesses may watch the project’s progress more carefully and have greater involvement in the development process because companies often use a more formal project management strategy.

Potential for Long-term Partnership

Businesses have the opportunity to create a long-term collaboration when dealing with a software outsourcing firm. Businesses that need continuous software development services or a partner to maintain and support their software can benefit from this. By building a solid working connection with a reliable outsourcing provider over time, long-term cooperation can help organizations save time and money.

Access To A Range of Services

Software outsourcing businesses frequently provide various services, including software development, testing, maintenance, and staff augmentation services. This entails that firms can access a variety of services from a single supplier, which can help to streamline the software development process. Companies may also have expertise working on various projects and industries, offering critical perspectives and insights into the development process.

Reduced Risks

Businesses can lower the risk involved with software development by collaborating with a software IT outsourcing services firm. Businesses often have expertise working on various projects and can offer advice on the best practices and potential problems. Moreover, safeguards against potential security flaws or data breaches are frequently in place at outsourcing firms.

Conclusion

Businesses have a wide range of alternatives for software outsourcing services, including platforms, companies, and freelancers. They must consider their unique needs and budget when deciding which choice is ideal because each has advantages and downsides of its own.

Finding the greatest fit for the project requires extensive research and a comparison of the available possibilities. In the end, effective project management, open lines of communication, and a strong working relationship between the company and the IT outsourcing services provider will determine whether the outsourcing project is a success.

The post Comparing Software Outsourcing Services: Platforms, Companies, and Freelancers appeared first on ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends.

According to IT Outsourcing Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021-2026), the global IT outsourcing market is valued at USD 318.5 billion in 2020. And, the market would grow with a CAGR of 4.5% and reach USD 425.19 billion by 2026.

Why Choose IT outsourcing companies?

Outsourcing companies provide a variety of services. Depending on what you need help with, there is an option for you! Hiring an offshore team will possibly be the best choice if your company needs IT support and servers administration. 

However, if your business needs software development or website design assistance, make sure to find someone who can work from start to finish. However, choosing the right IT Outsourcing company can be difficult, especially when you’re unsure where to start. 

The following list of questions will help you find the best outsourcing option for your small business: 

• Why do I need an IT Outsourcing Company?
• What is my budget? 
• How much time do I have before the deadline? 
• Do I want to experience or support? 
• Is there anything that would prevent an offshore team from working on my project?
• Do I need help with software development or website design?
  

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What is your budget? 

Creating a business plan can be the first step in making this decision. It would help decide how much money you are willing to spend on outsourcing and how much money this will save your company.

How much time do you have? 

If there is no deadline, the best option may be to hire a team that can work with your schedule. Otherwise, using an offshore team would allow them to work around your hours. 

Do you want any support? 

If there’s nothing that will prevent an offshore team from working on it, this might not matter as much as if they couldn’t work on your project. So, it would help if you made the right decision according to your business requirements. 

Is there anything that would prevent an offshore team from working on your project?

If you have a complicated idea, the best option may be to hire someone with expertise in that field. Otherwise, you can find companies online that will provide whatever level of assistance is needed for your business. 

Do you need help with software development or website design?

If you are interested in software development, make sure to find an experienced company that can work on your project from start to finish.

Factors to Consider for Picking the Best Outsourcing Companies

While digging for more information about IT outsourcing companies, we have considered some factors that include:

• Experience

• Performance

• Ratings on different websites 

• Services

1. Experience: when checking the capabilities of outsourcing companies, it is good to check their understanding. You should know if the selected company can handle your business requirements.

2. Performance: Another essential factor to consider while selecting the best option for your software development is performance. How the company manages all assigned projects tells a lot about its performance.

3. Ratings on different websites: Make sure to check the company profile on other rating websites such as GoodFirms, Clutch, and more. It will help you to know more about the company and people’s reactions to it.

4. Services: While selecting the best option for your project, you must check the services offered by the company. You should know that the company should offer the services you need for your web project.

Top IT Outsourcing Companies 

1. Tata Consultancy Services
2. ValueCoders
3. Plaxonic Technologies
4. Cyber Infrastructure Inc.
5. Velotio Technologies
6. Clarion Technologies
7. Trigent
8. KitelyTech
9. Experion Technologies
10. ZS

1. Tata Consultancy Services

Tata Consultancy Services (TCS) is one of the Top IT outsourcing companies offering outstanding IT services, consulting & business solutions. According to the news reports, as of February 2021, it is the largest IT services company in the world by market capitalization.

With a deep-set commitment to the client, the company ensures the highest levels of certainty and satisfaction. Their developers offer creative and best-in-class IT solutions to their clients with the utmost zest of enthusiasm. You can share your concerns to receive the best solutions for your dream projects.

Highlights:

• Founded in 1968
• Offer unique Global Network Delivery Model (GNDM) to ensure excellence in technology deployment.
• Diverse talent base of over 509,058 associates across 46 countries.
• Vo.ted as Overall Most Outstanding Company in India by investors across the region in Asiamoney’s 2019 Asia’s Outstanding Companies poll. 
• Best for IT consulting services and excellence in technology-driven solutions

2. ValueCoders

ValueCoders is recognized as the leading Indian Software development company. With the talent and excellence of 450+ developers, the company delivers the best IT solutions to its clients. The team of experts simplifies the IT outsourcing experience and reduces time/cost to market.

With a 97% retention rate, the company satisfies its clients by providing scalable and reliable IT outsourcing services. ValueCoders are delivering excellent solutions worldwide with the knowledge of agile and state-of-art technologies.

Highlights:

• Founded in 2004
• 4200+ projects launched across 40+ countries
• Certified as the Great Place to Work and receive many accolades for exceptional value and authenticity in services
• Best for software development, app development, and IT consulting services
  

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3. Plaxonic Technologies

With a pool of talented developers, Plaxonic Technologies offers first-class IT outsourcing services. Their deduction encourages them to provide excellent digital experiences to transform ideas into ready-to-implement solutions.

The company serves the best of its developers’ knowledge through IT solutions and consulting services. Customers can divert their minds to their platform for technologies such as Artificial Intelligence, Digital Transformation, Blockchain, and more.

Highlights:

• Founded in 2013
• With 100+ professionals, they deliver inventing & innovating corporate solutions
• The main focus is on mobile app development and web development to offer a unique technology experience.

4. Cyber Infrastructure Inc.

With a mission to enhance the lives of billions of users, Cyber Infrastructure renders top-notch custom software development services. By working on more than 5000+ projects and serving 3000+ happy customers, the company counts as one of the best Indian outsourcing companies.

Adhering to globally recognized standards and the latest technology trends, the company is eager to reduce the gap between users and success in its project development. Meet your business objectives with highly optimized solutions and services of Cyber Infrastructure.

Highlights:

• Founded in 2003
• Follow PASTA strategy that reveals their core values of passion, appreciation, simplicity, trust, and accountability
• Use CMMI Level 5, ISO 9001:2015, ISO 27001 for the quality check process
• 1000+ employees, the company has achieved a more than a 300% of growth rate

5. Velotio Technologies

Velotio Technologies is an outstanding IT Outsourcing company specializing in software product development for technology startups and enterprises. With a focus on artificial intelligence and machine learning, developers and engineers boost the client’s success graph.

One can save up to 30% of the time by sharing their concerns with Velotio Technologies, which delivers high-caliber engineers & finely-tuned software development processes. With a 4.6 clutch rating, the company offered reliable support to its developers and gained a Great Place to Work reputation.

Highlights:

• Founded in 2016
• With a talent of 200+ engineers, the company served 90+ customers and has achieved 80% YoY growth.
• Best for software development, web designing, security testing, and cloud services

6. Clarion Technologies

Search for the best outsourcing companies will lead you to Clarion Technologies. The company has experienced developers to offer innovative and best-in-class IT solutions. Explore the advanced technological knowledge under the platform of Clarion Technologies.

Keeping honesty, integrity, and fairness in its corporate values, the company has served more than 1000 clients globally. From 2019 through 2020, it gained recognition as a Great Place to Work.

Highlights:

• Founded in 2000
• 400+ technology experts deliver projects in various niches, including IT, E-commerce, FinTech, E-learning, Digital Media, Healthcare, and Travel & Hospitality
• Also ranked as the best outsourcing partner in India
• Best for Software development, Frontend Development, and Agile Project Management

7. Trigent

Expert in advancing digital experience, Trigent comes under the list of top Indian outsourcing companies. In the journey of 24 years, Trigent has gone through tough challenges to maintain its position in this highly technological era.

The company offers 30% average cost savings to meet the objectives of hundreds of small and medium enterprises. They have delivered more than 300 applications in almost three years.

Highlights:

• Founded in 1995
• A team of 75% certified employees to offer award-winning IT consulting services
• It tracks records and certifications to uncover 100+ success stories, proven partnerships, and SEI CMM Level 4 & ISO 9001 Certifications.
• Wins the Best Agile Project at the North American Software Testing Awards 2020
• Best for software development in financial services, application development, cloud services, and product engineering

8. KitelyTech

Connect with KitelyTech to meet your diverse technical requirements and accelerate the software development process. By getting reorganization from Upcity, the company has received a national and local excellence award in 2021.

Having offices in different locations, it has offered a strong presence in the global market since 2009. With developers’ entrepreneurial and analytical minds, the company is always ready to accept challenges through clients’ complex projects.

Highlights:

• Founded in 2009
• It comes under the list of top 30 IT consulting companies on the market in 2020.
• Their clients range from startups to Fortune 500 companies to penetrate the technological acumen.
• Microsoft certified specialist in programming in HTML5 with Javascript and CSS3 specialist
• Best for mobile application development, software development, and SEO & online marketing
  

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9. Experion Technologies

With 14+ years of experience in IT consulting & services, Experion pays attention to digital technologies. Using the power of digital transformation services, analytics, and mobile technologies, the company fulfills clients’ business objectives.

Experion has served more than 300 customers across 32 countries using 1000+ employees’ excellence and technological expertise. If you want to receive excellent outcomes in software development, don’t hesitate to connect with them.

Highlights:

• Founded in 2006
• Featured in Inc. Magazine under the 39th annual list of America’s fastest-growing private companies in 2020
• Specialized in Software Product Engineering

10. ZS

ZS provides world-class IT outsourcing services with more than 4500 experts’ analytical minds. Founded by Andris Zoltners and Prabhakant (Prabha) Sinha, the company has helped 8 out of the 10 largest pharmaceutical companies in the world in its first three years.

The company has received the Learning Technologies 2020 Silver Award in “Best use of learning data and analytics to impact learner and business performance.” Many more things you will get to know if you choose to hire their software developers. 

Highlights:

• Founded in 1983
• Named as the Services PEAK Matrix Assessment 2021 for leadership in Life Sciences Operation
• 10,000+ employees dedicated to managing the company’s impression in 28 office locations globally
• Best for sales and marketing consulting, business consulting, management consulting, and analytics

Top 10 Global IT services providers ranked by revenue 2020

By generating approx. With ninety billion U.S. Dollars in global IT services revenue, Dell Technologies became the most prominent IT services company globally. Go through the list of top IT outsourcing companies by revenue 2020:

Image Resource: Statista

1. Dell Technologies
2. IBM
3. Cisco System
4. Accenture
5. Oracle
6. Fujitsu
7. SAP
8. NEC Corp.
9. Synnex Crop.
10. Tata Consultancy Services

Conclusion

Choose the best option from the top IT outsourcing companies list to receive the desirable IT outsourcing services. I hope you can make the most appropriate decision after going through the options of the companies mentioned above.

If I look at some parameters like company history, online reviews, the number of projects done to date, I would surely recommend you 3 best companies if you are looking for Top IT Outsourcing companies: 

• ValueCoders
• Tata Consulting Services
• Cyber Infrastructure Inc.

All of these companies have excellent experience and have a highly efficient, effective, talented team that has done many projects for many prominent organizations.

The post Top IT Outsourcing Companies: Find the Best Option For Your Project appeared first on ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends.

As per Statista, the IT outsourcing market is expected to amount to approximately $413.7 billion by 2021.  Also, according to a recent study, the IT staff augmentation market generated a revenue of $9.2 billion in 2019, $132.9 billion in 2020, and is expected to reach $170.0 billion in 2021.

Also Read: How To Choose Between Staff Augmentation, Outsourcing, & Dedicated Team

There is always some reason to go for these services; let’s find some main reasons: 

Why IT Outsourcing?

• Reduced cost of operations
• Improve efficiency & Productivity
• Reduce business risk
• Expand to new market areas

Why IT Staff Augmentation?

• Decrease training cost
• Efficient hiring
• Flexibility
• Increased Output and Team Size

To take the advantage of Outsourcing or Staff Augmentation, you can hire the best IT outsourcing companies or hire top IT Staff Augmentation companies

Conclusion

Sometimes when you don’t have the budget to hire specialists for a particular project, IT outsourcing or IT Staff Augmentation are the best options available for making the best projects on the latest technologies under your budget. 

In this blog, we have gone through major points to make you understand the key differences between IT outsourcing and IT Staff Augmentation.

Hope you have understood it well, if not? Feel free to reach ValueCoders now.

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