Software Development Outsourcing – ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends Valuecoders Mon, 24 Apr 2023 07:13:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.3 https://www.valuecoders.com/blog/wp-content/uploads/2019/08/favicon-2.png Software Development Outsourcing – ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends 32 32 A Guide To The Emerging Software Development Outsourcing Trends https://www.valuecoders.com/blog/technology-and-apps/latest-software-development-outsourcing-trends/ https://www.valuecoders.com/blog/technology-and-apps/latest-software-development-outsourcing-trends/#respond Tue, 24 May 2022 06:02:16 +0000 https://www.valuecoders.com/blog/?p=24646 Software development outsourcing isn’t anything new, but the focus of outsourcing has changed over time as the industry has developed...

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Software development outsourcing isn’t anything new, but the focus of outsourcing has changed over time as the industry has developed and become more complex. As per a recent report, the IT sector is currently recovering, and it’s forecasted that the trend will continue with an estimated 5% CAGR, reaching its pre-pandemic position by 2024.

Gartner has also released their latest report, predicting that worldwide information technology spending will grow by 9% this year. This strong growth is projected to continue with 5% compound annual rates during the 2020–21 and 2022-23 periods before flagging off at an anticipated rate of 2%.

Worldwide IT Spending Forecast
Worldwide IT Spending Forecast

Hence, to remain competitive in today’s ever-changing business landscape, outsourcing software development projects to firms isn’t the only way companies can cut costs and keep their employees focused on tasks that don’t require the same level of programming expertise.

While outsourcing still accounts for almost one-fifth of all software development projects, Top Software Product Development Companies like Google and Microsoft are leading the way with internal development departments responsible for nearly one-third of all programming work.

So, we can see that more and more companies are learning how to outsource software product development to take advantage of lower rates of innovation and higher quality rates.

Therefore, to pace up with the competence of today’s business world, it becomes crucial for you to partner with a reliable software product development company that can encourage you in tough times too.

Outsource your software, not your vision - let us bring your ideas to life.

Unlock your business's potential with custom software solutions - partner with us to stay ahead of the competition.

Software Development Outsourcing: An Overview

Software development outsourcing is an effective cost-saving strategy for small, medium, and large-sized businesses looking to cut down on their costs to be more competitive. Software development refers to a collection of software engineering activities performed by a software developer with varying levels of expertise.

These include requirements analysis, design, coding, unit testing, and deployment. By outsourcing these functions to qualified third parties — in locations such as India, Eastern Europe, or Latin America — companies can reduce overhead while freeing up existing employees to focus on core business processes.

Over time, most IT projects have become increasingly complex and therefore expensive due to increases in size, scope, and organizational complexity. As a result, IT spending has risen faster than other parts of corporate budgets since 2002.

Because IT resources tend to make up 10% or less of total corporate expenses, some CIOs have decided that software development outsourcing provides better value than keeping those resources within an organization because it reduces IT expenses without sacrificing quality control or security standards.


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


Why Do Companies Outsource Software Development?

Why Do Companies Outsource Software Development?

Image Source: Google

To succeed in today’s digital world, it is not enough for companies to have great ideas. They also need technologies that can be quickly adapted by others and delivered at scale — which often only comes through partnering with technology experts who know what they are doing best.

The digital transformation has inspired companies to rethink their workflow. Moreover, the IT innovations will increase revenues and a more creatively staffed workplace that enables employees’ best work while also freeing them from mundane tasks, inefficient methods of operation, or manual processes altogether.

However, it can cost you a lot if you develop these tools in-house. In that case, you don’t have to hire full-time software developers. Instead, outsource the development work to digital transformation services companies to save your money and efforts.


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


10 Top Software Outsourcing Trends You Can Expect to See Over the Upcoming Years

While many trends impact how this business will shape up in the next few years, these are the top 10 outsourcing trends that you need to know about to stay competitive with your peers in the industry.

1) Increased Demand For Cloud Computing Services

Cloud computing has changed software development dramatically. These days, developers have access to massive data storage capabilities that allow them to build robust applications quickly and at a fraction of their previous cost.

Cloud computing means digital transformation services companies have to look for ways to reduce costs, so outsourcing development makes so much sense in an increasingly global marketplace. It’s not just about finding inexpensive developers who can build your app; it’s also about finding talented people you can trust with your data and business.

By looking outside your local market, you open yourself up to thousands of potential options while ensuring that they will play by your rules — just as if they were sitting in your office next door.

Benefits

  • Offers scalable and flexible solutions
  • More energy-efficient
  • Improved collaboration
  • Increased security
  • Enhanced competitiveness

Also Read: How Artificial Intelligence Is Redefining Success Of Digital Transformation Strategies?


2) Outsourcing Cybersecurity

Cybersecurity can be a costly undertaking, and outsourcing can help reduce these costs. In addition to saving money, outsourcing can also help businesses free up internal resources.

Many businesses do not have the workforce or expertise to adequately address their cybersecurity needs. Outsourcing can help fill this gap by providing access to skilled and experienced professionals.

Outsourcing can provide access to best-in-class security solutions and practices when done correctly. This can help businesses close gaps in their current security posture and better protect themselves against future threats.

Benefits:

  • Help businesses improve their security posture
  • Focus on business’ core competencies
  • Ensure compliance with regulatory requirements.
  • Improve disaster recovery and business continuity plans.
  • Reduce their liability exposure.
Outsource your software, not your vision - let us bring your ideas to life.

Unlock your business's potential with custom software solutions - partner with us to stay ahead of the competition.

3) Extension Of Remote Working Culture

This can be a great way to attract top talent, as it gives employees much more flexibility and freedom than traditional office jobs. If you don’t need to maintain a physical office, you can reduce your expenses significantly.

Additionally, remote workers may be more productive since they can create their schedules and work in environments that suit them best. Businesses can target global customers and expand their customer base.

Overall, remote work extension can be a great way to improve your business. If you’re considering it, be sure to view all of the benefits before deciding.

Benefits:

  • Increased flexibility
  • Increased productivity
  • Access to a global talent pool
  • Less need for on-site staff
  • Reduced environmental impact

4) Demand For Talent Over Cost

The demand for talent over cost is a significant driver of the outsourcing of software development. By tapping into a global pool of highly skilled workers, businesses can reduce their costs and headcount while still maintaining a high level of quality.

In addition, by outsourcing to countries with lower labor costs, businesses can further reduce their overhead. So, there is a growing demand for companies to choose talent over price when it comes to software outsourcing. This is because there are many benefits that can be gained by doing so:

  • Improved quality of work:

When you choose to outsource your software needs to talented individuals, you can expect to receive high-quality work. This is because they will have the skills and experience required to get the job done right.

  • Better results

Not only will you receive higher quality work when you choose talent over cost, but you will also see better results. This is because talented individuals are more likely to meet deadlines and exceed expectations.

  • Increased efficiency

By outsourcing your software needs to talented individuals, you will also see an increasing inefficiency. This is because they will be able to get the job done faster and more efficiently.

  • Lower costs

One of the main benefits of choosing talent over cost is that it can save you money. This is because talented individuals usually charge less than those who are less skilled.

5) Rise In It Consulting Services

There has been a recent rise in IT consulting services as a software outsourcing trend. This is due to the increasing complexity of software development and the need for specialized skill sets that many organizations do not have internally.

If you are considering outsourcing software development, it is important to choose a reputable IT consulting firm with a proven track record of successful projects.

Make sure to get quotes from multiple firms so that you can compare prices and services offered. Be sure to ask about their experience with similar projects and whether they have the resources necessary to complete your project on time and within budget.


Also Read: Top 20 IT Consulting Companies To Seek For Business Transformation


6) Web Design & Publishing Solutions

There are more web designers than ever now, and that means there’s a competitive marketplace of talent in most areas. That presents a problem for businesses, as it’s increasingly difficult to find capable people at competitive prices.

Luckily, one trend we expect to see over the next few years is an increase in integrated design services, which provide businesses with all of their design needs — from layout to branding — in one place.

This means outsourcing firms will be able to meet customers’ needs at lower costs and shorter deadlines by pulling together teams of professionals with skills in specific areas like front-end development or marketing communications.

7) Analytics and Data Science

Analytics and data science can be exciting and intellectually challenging. Working with data can be fascinating, as you never know what you might find. And data science can help you make a real difference in the world by using data to solve problems and improve lives.

  • Improve data-driven decision making
  • Optimize processes and operations
  • Develop new products and services
  • Drive revenue growth
  • Reduce costs
  • Enhance customer satisfaction
  • Mitigate risks

8) Artificial Intelligence To Gain Attention

Artificial Intelligence (AI) is a term that encompasses a wide range of technologies and techniques used to create intelligent software systems. AI has been used in a variety of fields, including healthcare, finance, manufacturing, and logistics.

There are many benefits to using AI as a software outsourcing trend. One advantage is that AI can help you automate repetitive tasks. You can use AI to create chatbots that can answer customer questions or provide customer support.

Overall, using AI as a software outsourcing trend can help you improve your efficiency and effectiveness. It can also help you save time and money. If you are looking for ways to enhance your business, then consider using AI.

Some more benefits to look at:

  • Automate repetitive tasks, freeing up your time for more strategic work
  • Make better decisions by providing accurate and up-to-date data
  • Improve customer satisfaction by providing personalized service.
  • Reduce costs by automating processes.

Also Read: What Is The Role Of Artificial Intelligence In The Financial Sector?


9) Professional Placement And Recruitment Solutions

By now, you know that it’s becoming increasingly essential to outsource in order to remain efficient and profitable. As a business owner, you’re most likely interested in finding quality resources at an affordable price while also ensuring that they meet or exceed your expectations.

If you’re looking for outsourced resources such as software development, however, it can be tough to find talented professionals who fit your specific needs — primarily if you haven’t worked with outsourced services before.

Outsource your software, not your vision - let us bring your ideas to life.

Unlock your business's potential with custom software solutions - partner with us to stay ahead of the competition.

10) More sales with E-Commerce

E-commerce is where sales are made over a computer network, most often using something called a virtual storefront. The advantages of e-commerce are apparent: more customers and higher margins from lower costs of doing business.

But to be successful at it, you have to maintain an online presence 24/7 and have a website that gets substantial traffic. If you already have those things, outsourcing your e-commerce needs to India or China makes sense.

That will help you focus on expanding your market reach rather than setting up infrastructure or maintaining accounts — tasks that can be done in much smaller increments and at far less cost outside of North America or Europe.

Benefits:

  • Increased reach globally
  • Cost-effective way
  • User-friendly and convenient
  • Improved customer service

Also Read: A Comprehensive Guide To Create An Ecommerce App From Scratch


10 Things to Consider When Outsourcing Software Development

Image Source: Google

1. Outsourcing software development can help save time and money by freeing up your current employees to focus on other projects related to your core business.

2. When outsourcing software development, it is vital to work with a reputable and experienced service provider who will be able to deliver high-quality results in a timely manner.

3. Before you choose an outsourcing company, do your research and evaluate multiple options based on factors such as price, quality of work, timeliness, and customer reviews or feedback.

4. To ensure that software development projects are running smoothly, work closely with your chosen provider throughout the process and make sure that clear communication channels are established from the start.

5. Consider setting up regular check-ins or milestones to review the progress of the project and provide feedback to the software development team.

6. When it comes to software development, it is essential to remember that you usually get what you pay for — so be willing to invest in a quality provider in order to get the best results.

7. Don’t be afraid to ask for help from your software development team when needed — they will likely be able to offer valuable insights or suggestions that can improve the final product.

8. After the software development project is completed, take some time to test it out thoroughly before making it live or rolling it out to users.

9. Make sure that you have a solid plan in place for post-launch support and maintenance so that you can address any software bugs or issues as they arise.

10. By outsourcing software development, you can focus on growing and evolving your core business while leaving the technical work to the experts — resulting in more time and resources for innovation and growth.


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


10 Benefit of Software Development Outsourcing

1. Access to specialized skills and expertise

By outsourcing software development, you gain access to a team of skilled software developers who have extensive knowledge and experience in your industry or niche. This allows you to build software that meets your exact needs and requirements quickly.

2. Enhanced flexibility and agility

When you outsource software development, you can quickly scale up or down your team as needed, allowing you to adapt to changing business demands or market conditions rapidly. Additionally, you can also take advantage of the latest software development technologies and tools, which can help give your business a competitive edge.

3. Reduced development costs

One of the main reasons businesses choose to outsource software development is to save money on software development costs. When you offshore software product development, you can avoid the high costs associated with hiring in-house software developers or purchasing expensive software development tools and platforms.

4. Increased focus on core business activities

By outsourcing software development, you can free up your internal resources and allow them to focus on more critical tasks, such as marketing, sales, and customer service. This can help improve your overall business performance.

5. Improved quality of software products

When you outsource software development, you can benefit from software built with best practices and tested rigorously before being deployed. This allows you to create software that meets the highest standards of quality and reliability.

Outsource your software, not your vision - let us bring your ideas to life.

Unlock your business's potential with custom software solutions - partner with us to stay ahead of the competition.

6. Faster time-to-market for software products

You can quickly turn your software ideas into reality by outsourcing software development. This allows you to get your software products or services to market faster and stay ahead of your competitors.

7. Better risk management and mitigation strategies

By partnering with an experienced software product development company, you can improve your risk management strategies and reduce the risks associated with software development projects. This helps ensure that your software products are delivered on time and within budget, without sacrificing quality or functionality.

8. Improved customer satisfaction

When you outsource software development, you can benefit from software designed to meet your customers’ specific needs and expectations. This can help improve customer satisfaction levels and loyalty, increasing sales and revenue.

9. Access to world-class software development tools and technologies

You can take advantage of the latest software development tools and technologies by outsourcing software development. This allows you to create software products at the forefront of technology, giving you a competitive edge in the marketplace.

10. Increased competitiveness in the global marketplace

By outsourcing software development, you can access a worldwide pool of skilled software developers. This gives you the ability to create competitive software products in the global marketplace.


Also Read: Offshore Vs Nearshore Outsourcing: A Detailed Comparison


What Does the Future Hold for Software Development Outsourcing?

Software development outsourcing is a field that has had its ups and downs in terms of popularity and acceptance, but it’s not going anywhere. If recent trends continue, software development outsourcing will only become more common.

Here are some signs that suggest a bright future for software development outsourcing

-> It helps you reach new markets. If your product or service targets people or companies outside your local market, you may have to consider outsourcing at some point.

-> Software products are rarely limited by geography, so taking advantage of low-cost overseas developers can help save money on production while still reaching new customers.

-> It helps improve code quality. No matter what country they come from or how good their English skills are, local developers almost always care more about their projects than yours.

-> It allows you to scale up quickly without having to make any long-term commitments or spend too much upfront capital.

-> Software development outsourcing isn’t just about lowering costs; it also lets you cut down on overhead expenses like office space, equipment maintenance, and other administrative expenses.


Also Read: Offshore Resource Hiring-E-Guide


Conclusion

As software development continues to gain importance for companies, the need for outsourced software development is also increasing. It can help your business stay ahead of the competition and thrive in today’s rapidly changing business landscape.

Do remember: Software development outsourcing trends are constantly changing, and that’s why it’s essential to stay up-to-date on these changes if you plan on running an efficient software company.

At ValueCoders, we follow various best practices to provide high-quality software product development services. We have developed a competent team of developers who can deliver quality work on time and within budget.

Our dedicated professionals follow industry standards while developing software products and services. By partnering with us, your company will be able to compete effectively with other players in your industry by gaining access to high-quality products or services with an affordable cost structure.

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India Is Top IT Outsourcing Destination! Everything You Must Know To Outsource To India https://www.valuecoders.com/blog/outsourcing-and-off-shoring/india-is-top-it-outsourcing-destination-everything-you-must-know-to-outsource-to-india/ https://www.valuecoders.com/blog/outsourcing-and-off-shoring/india-is-top-it-outsourcing-destination-everything-you-must-know-to-outsource-to-india/#respond Tue, 15 Feb 2022 12:29:16 +0000 https://www.valuecoders.com/blog/?p=23711 With 1 million surplus skilled tech workers and an endless supply of new graduates, India is quickly becoming the go-to...

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With 1 million surplus skilled tech workers and an endless supply of new graduates, India is quickly becoming the go-to country for technology leaders around the world.

Even Jeff Bezos said that the 21st century would be the Indian century as the technological advancements would be immense.

Image source

Why India?

Currently, most companies are struggling with talent shortages due to automation or other factors like education affordability; Indian citizens provide enough quality coders without breaking your bank account!

The current talent crunch is forcing companies in every industry to look elsewhere for their outsourcing requirements. And, it seems like India will become the leader of technology with its rising economy!

Moreover, many organizations realize that their IT teams can’t handle the workload alone and need help from an outside source.

Software development outsourcing has become increasingly popular because it not only saves money. Besides, it also increases productivity by freeing up time for other important tasks in business operations like sales or marketing efforts.

This allows companies to grow more quickly without investing heavily into new technologies, which could be expensive upfront costs (especially if they don’t work).

However, before you decide to outsource IT services In India, you must know why India is the best choice for your project development.

Let’s understand the top reasons to pick India for IT outsourcing-

Top Reasons To Pick India For IT Outsourcing:

#1. Low Development Cost

The cost of developing software can vary from country to country, but it’s not just about the amount you pay. It’s also about quality. Indian app developers provide the best quality solutions & innovation at the most affordable price.

The US industry currently has an average price tag of around $70k-100K for simple apps and websites, while developers in India charge as little as 40%. Moreover, in India, the cost of living is lower than in America.

It means Indian people earn less money but enjoy a higher standard of living thanks to low prices for goods and services that are still affordable by most citizens. Therefore, you can afford to outsource software development projects.

Also Read: A Detailed Cost Comparison – Offshore VS Onshore Teams


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#2. Skilled & Trained Developers

India has a humongous pool of experienced and talented web & app developers. With 200000 software graduates entering the industry every year, it is no surprise that India’s IT sector employs one-third more skilled workers than China does!

An overwhelming majority (89%) hold at least bachelor’s degrees in computer science or engineering from Indian universities. Altogether, they learn courses on everything related to coding, including JavaScript programming languages.

Furthermore, the demand for software developers is surging every year, and India has plenty to offer. The Indian tech industry employs millions of people with advanced knowledge in technology.

It helps them build perfect applications from scratch or improve existing ones through remote working sessions abroad.

When a software development company outsources to India, the developers not only provide the best services but also show their skills in managing projects and designing.

Moreover, Indian engineers are keen on completing tasks within a timeline by performing high-quality testing throughout the application’s lifecycle.

#3. On-Time Work Completion

India can provide 24/7 round-the-clock software development services to global clients. It will enhance productivity by keeping projects going even when it’s nighttime or weekend time in countries like America.

Just think how much faster we’ll get things done! Altogether, the overlapping period could also be utilized as an opportunity for developers to meet up with colleagues working from other parts of the world.

This way, one company here may complete multiple tasks simultaneously while another works during off-peak periods such as morning.

Moreover, it is an amazing opportunity for businesses to finish their project within the given deadline.

Also Read: Reasons Why Small Businesses Should Consider IT Outsourcing

#4. No Communication Barrier

India has billions of non-native English speakers, the largest in the world. It is very seamless for USA clients to communicate & share the vision with a Software development outsourcing company in India, especially since they speak 5th most fluently!

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Top developers there utilize various tools like Skype and Slack too so that communication goes smoothly between parties involved.” Thus, you can communicate with them easily, share essential ideas, and discuss issues in detail without facing any hassle.

#5. Reduced Time

You can’t rush excellence. But you also don’t want to extend the project timeline by waiting for perfection either!

I’ve seen projects take weeks or months because their In-house developers were too afraid of making mistakes. It only leaves them with no time leftover from your initial deadline estimate just so everything could be polished off “perfectly.

Outsourcing software development services in India is the best option for anyone who needs a quick turnaround time or doesn’t have enough resources at their disposal.

That’s because these companies are well aware of how important it can be when you’re under pressure. It means they’ll take care not only about hiring skilled employees but also giving them all the necessary training so that your business runs smoothly.

Moreover, hiring an in-house team for this task would be extremely difficult. The HR department needs time to find and hire the right people, which can take months — including orientation training necessary on top of it all!

This means your deadline will slip past if you don’t outsource software development overseas. Outsourcing software development is a hassle-free solution for any company that has too many resources but not enough time.

By outsourcing to an efficient team, you can focus on more challenging projects and leave your internal developers free from extra work that doesn’t benefit them or company productivity at all!


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#6. Improved Quality

The lack of dedicated attention to development and testing might be affecting more than just the speed at which you’re able to deliver new features.

Furthermore, the quality will also suffer if these two processes (testing & development) can’t work in tandem with one another. Besides, developers may add bugs without knowing about them until users start reporting unexpected behaviors on your site or app.

Altogether, there’s no guarantee that this would fix anything because not all problems have quick solutions! When you outsource your software development, you do get more time spent on each task.

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It improves productivity and the quality of the solution. Moreover, Outsourcing software development to India not only saves you time and money but also boosts your team’s productivity.

The availability of resources like dedicated teams for both testing as well as coding ensures that there are enough people with knowledge in their specific field.

They can help out in case any problems arise during the process, which further improves quality control before launching anything into the production environment or marketplace.

Moreover, the experience of an outsourcing team working on a diverse range of projects will improve output. Altogether, they are able to think more creatively because they have seen it all before. It results in higher quality products for you!

#7. Consolidated Security

With an outsourced team of highly skilled professionals, you can have peace of mind that your software product is being developed and maintained by experts. Your business will be able to focus on other important aspects such as promotions.

On the other hand, IT outsourcing companies take care of all the tedious tasks like testing for potential vulnerabilities or implementing security features into its development process as per industry best practices.

In short, you can ensure that solution you are creating has enough safety & security features to prevent data theft.

If you have already decided to outsource your project and are wondering Why India and how to outsource to India?. Don’t bother yourself; let’s take a glance at the guide to outsourcing IT projects to India.

How To Outsource Your IT Project To India?

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#1. Find The Providers In Your Niche

The outsourcing industry in India is vast, and there are a lot of providers to choose from. Understanding how their services work will help you narrow down your search for an appropriate provider that can meet all of the requirements!

The first step in selecting an appropriate company for this purpose would be to understand what services they provide and whether their capabilities align with your processes or not.

Here are some aspects that you must consider :

  • Tasks that are typically outsourced in your niche.
  • Risks involved with outsourcing.
  • What measures can you take to mitigate risks?

It will allow you to understand every aspect of IT outsourcing associated with your business and contemplate the risks involved.

#2. Decide On Processes To Outsource

The next thing is to decide what activity you want to outsource. Outsourcing to India can help save money, but it’s not worth doing if the task will just be given away without any effort on your end or expertise necessary.

It often ends up costing more than having someone else take care of things in the house! It also has other benefits such as scalability (you’re only responsible for one department) efficiency through specialization.

On top of that, there are many instances where outsourcing makes sense, such as software development.

#3 Partner With Reliable IT Outsourcing Company

Partnering with a service provider is the best way to ensure that your business can grow. You’ll have access not only to their expertise but also to resources such as employees and the software platform they provide.

So, you don’t need any other outside help or equipment besides what’s already in place at home! Search through reviews before deciding on who will be your partner.

Related: Top IT Outsourcing Companies and Software Development Firms in India | 2019


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#4. Invest In Right Tools

Investing in the right tools for your business will not only save you money but also time and trouble. Moreover, you can outsource without having to worry about communication, project management, or monitoring work hours.

Different Types Of Tools You Can Use Are:

  • Project Management Tools like ClickUp, Wrike, Jira, and Workzone.
  • Communication Tools like Zoom, Skype.
  • Performance Monitoring Tools like Zoho, Hubstaff, WorkStatus.

If you outsource to India, you can relish immense ease and efficiency in product development. Moreover, you can expect great support from IT outsourcing services providers in India.

Wrapping Up

India has been a popular destination for outsourcing IT projects for many years now. It offers several advantages over other destinations; that’s why more and more businesses are choosing to outsource their IT needs to Indian companies.

If you’re considering outsourcing your next IT project, we hope this article has given you some food for thought. We at ValueCoders cater a variety of IT services to our clients across 200+ countries, including the USA, UK, & Middle East.

Being one of the best IT companies in India, we are admired for First Time Right Approach and convenient pricing models.

Frequently Asked Questions

What types of IT outsourcing services can Indian companies offer?

IT outsourcing companies in India provide a variety of services including, remote IT staffing, Cloud Computing, DevOps, Software development, Data Science & Analytics, and more.

Can I hire dedicated developer teams from an IT outsourcing company?

Yes! If the selected company enables IT staffing services, you can hire a dedicated developers team for your project.

What are the best IT outsourcing companies In India?

Top IT outsourcing companies in India are ValueCoders, PixelCrayons, and TechAhead.

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A Complete Guide to Know How Custom Software Development Amplifies Company’s Success Graph https://www.valuecoders.com/blog/outsourcing-and-off-shoring/complete-guide-to-custom-software-development/ Sun, 30 May 2021 12:18:42 +0000 https://www.valuecoders.com/blog/?p=19880 How do you measure advancement in your survival? What will be your strategy to bring your company’s success to its...

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How do you measure advancement in your survival? What will be your strategy to bring your company’s success to its peak? To answer these unstoppable quests for improvement, you need to accept the changes. Undoubtedly, we are facing the most advanced version of our survival; every single move brings changes to the way of our living.  

And, Software Development is a significant game-changer of digitization. Every single cutting-edge gadget such as smartphones, personal computers, tablets, or the Internet of things (IoT) is workable because of software. 

Although we are facing the most critical time due to the COVID-19 pandemic, software development is still in trend. The latest software technologies are custom software development, data science, AR/VR, artificial intelligence, and Point of Sale (POS) systems. These all advancements are meant to make our survival more convenient and comfortable.  

According to NASSCOM, Indian software companies are worth Rs. 243.5 billion or US$ 5.7 billion in 1999-2000. But, if you check the worth of companies ten years back, it was about less than Rs. 3 billion. So, it is quite predictable to figure out the success of software development firms.

What is custom software development?

Delivering the desired services to customers is about custom software. It is also known as tailor-made software or bespoke software. When you want to meet the specific needs of your customers, you need to create customized software. It will help an organization to add features and functions to an application in order to improve its user experience. It is also beneficial to meet the distractedly changing business needs. 

In today’s business world, things are getting more challenging for a consumer. By managing complex applications, they feel puzzled and stressed sometimes. If you are in business, your first step should be developing customized software as per your customers’ requirements. Moreover, offering the most customized software solutions allows customers to meet their requirements.

According to research, software companies spend about 27% of their budgets on custom software development. In this estimation, they manage software languages, application software, testing, and qualities related problems. 

what is custom software solution

Here, don’t get confused with commercial off-the-shelf software (COTS). The available software products in the market are considered COTS. For example, Adobe Reader is a software used to view PDF or sometimes creates it. It is an example of COTS, but if you want to develop software to address the issues of your employees with digital tools, then it comes under customized software development.


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Key benefits of custom software development are:

  1. It provides high scope and significant future progress.
  2. It helps in meeting the demands of competitive business.
  3. With custom software, you can get rid of issues related to cybersecurity.
  4. Supportive for other software platforms.
  5. If it comes to cost, developers can use some open-source tools.

Also Read: Benefits of Custom Software Development Over Off-The-Shelf Software When Working From Home


Reasons to know why companies need custom software development

Serious effort for business progress definitely replicates your strategies and planning. If you want to achieve your business objectives, you must know how to engage your target audience. For that, connecting with the top custom software development companies must be your first step. 

Are you still in a dilemma of opting for tailored-made software to meet your industry’s demands? Let’s have a detailed discussion on the benefits of adding custom software development to your business planning:

1. Secured and agile 

The most significant advantage of custom software applications is their flexibility. Being a boss, you are free to add many functions to your software applications as per your requirements. At the same time, you want to create secured work operations. 

Usually, hackers target off-the-shelf software more likely as compared to bespoke software. By sharing your requirements with custom software developers, you will get more enhanced and secured software applications.

2. Budget-friendly

It might seem like an expensive move by developing customized software applications. It may feel costly to invest in software outsourcing companies at the very initial stage but not in the longer term. You can have an eye on the entire development process and design your software according to your necessities. With the availability of your budget, you can add or delete or modify software features. 

3. Personalized software application

How can you provide your company’s touch to your internal operations? When it comes to increasing your overall productivity, it is beneficial to have internal software. 

With highly responsive custom software development solutions, you can provide an enhanced work environment to your employees and allow them to work comfortably. Moreover, it helps you to promote your business identity.

4. Effective maintenance & support 

By choosing the top custom software companies, you will find the best support to handle technical queries. Through personalized support, you will resolve technical glitches and eradicate security loopholes (if any) in minimum time. 

Moreover, custom software developers are experts in building the desired software applications and offer effective maintenance whenever needed.

5. Better integration with existing systems

Generally, big organizations and companies have to operate different software to organize the operations of various departments. Therefore, they face integration and compatibility issues resulting in degrading efficiency and reducing production. 

Simultaneously, custom software development solutions allow them to handle multiple systems by integrating them into central software applications. Custom software extends the functionality of existing digital tools and develops new similar programs for better workflow.


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6. 100% Scalability 

Business growth brings lots of challenges and more complex issues into an organization, which have to be adequately addressed. If you are not prepared for better tomorrow, you will find roadblocks in your success path. 

Therefore, be ready with more advanced tools to accommodate future growth. Software development firm allows business owners to tackle these hurdles with custom software. Indirectly, it provides 100% scalability to your business progress.

7. Optimized business operations & workflow

Being a business entity, just evaluate how efficiently you handle various in-house processes and your business model. If you are facing issues in changing your business processes as per your software packages, you require custom software. 

Make sure to hire a custom software development company to tackle your business requirements and develop the best software accordingly. Doing so will help to optimize your business operations instead of replacing them.

8. Reduced hardware costing

Customer software development solutions are the best answer to reducing unnecessary hardware costing. Developers know how to design software inlining with existing hardware capabilities and eliminate additional hardware costs. The most significant benefit of customized software is that it can be created as per existing business. 

9. Add innovation into your organization

As you know, customized software helps you make the right decision to handle business functionality and technology. By manifesting the right custom software ideas, you can add trendsetting disruptive technologies to your organization. Software development allows you to be creative and organize your business processes as you want them to work.

10. Promotes adaptability 

The most significant thing about any organization is to adopt the changes in the market trends. Keeping the dynamic market changes in mind, you can add valuation to your organization by creating customized software. Through tailored software development, you can integrate these new changes into your existing processes and remain abreast of your competitors. 

Example of top 5 companies using custom software

I think a blurred image of a custom software development service is already created in your mind. Now, you have ideas on how you can boost your company business seamlessly with bespoke software. For more clarification, see how top companies expand their footprints in the business world with a custom software solution:

Amazon: Biggest Online Retail Industry 

Once Amazon was the online retailer of only books, now, it amazingly handles every basic need of a person. From groceries to clothes, the company is continuously fulfilling customers’ demands. 

By understanding customers’ dynamically changing preferences through data collection and analysis, the company provides hassle-free shopping digitally. They use customized software to lead the eCommerce market. Currently, the company is also doing business in selling its technologies.

Netflix: Popular in Video Streaming (Paid)

From nobody to known video streaming application, Netflix is capturing the market of digital videos with fantastic user engagement. After producing the biggest hits (Stranger Things, Jessica Jones, or Extraction), the company is continuously working with custom software development services for innovation in its platform. The technological advancement of the company reflects viewers’ seamless experience with back-end technology, content art customization to increase viewership, and improved suggestions based on watching history. 

McDonald’s: Most Popular Fast Food Company

Using the best custom software ideas, Mcdonald’s became the leader of a fast-food supply chain. It adds large touch screen menus and lets consumers create their own burgers by creating a self-serve kiosk. The company calls it the “Restaurant Experience of the Future.” Besides, you can ask for help or place your order at the counter as well.

Uber: Famous Cab Service Provider

Uber provides effective cab services across the world. Through tailored software development, they cater the seamless experience to drivers as well as riders in their ecosystem. Uber has grown its market in the U.S. by 76% with the help of an intelligent system. By connecting a rider to a nearby driver, the company provides the best experience for hassle-free travel communication.

Telus: Top Telecommunication Company

Using the best technological knowledge, Telus has created a workforce management platform to organize its business processes precisely. The idea was awarded as the best management solution and adopted by many other industries. 

Through custom software development, developers integrate new features to existing applications and develop Telus Business Services and Telus Health Solutions. 

How do you choose the right custom software companies in India?

For the best custom software development solutions, you need to connect with the top software solution company. However, choosing the right platform to share your requirements and receive the most desired outcomes is a complicated task. 

If you are struggling with making the right decision, you should go through the following checklist and select the best custom software development company in India:

  1. You should know about your business requirements and how to implement them as workable custom software ideas.
  2. Before making your decision, check out the profiles of custom software development firms. Evaluate companies’ services and technical expertise.
  3. Seek referrals when you want to hire a top custom software development company. Better communication will help you to get a list of top custom software developers.
  4. Keep your budget in your mind while considering any company for bespoke software development. You can make appropriate implements according to your budget.
  5. Make a wise decision by digging out complete knowledge of technology that is going to be used in your custom software application. Don’t go for age-old technologies to degrade your business growth.
  6. Decide a timeline in your mind and discuss it with your selected custom software developer. It helps you to meet your business objectives.
  7. Your foremost priorities of any software application should be its security and robustness. So, don’t compromise with security in any condition.

Top 5 Custom Software Development Companies in India:

1. ValueCoders: Top Custom Software Development Company

ValueCoders provide high-performing and technology-driven software development solutions to more than 40 countries with a pool of talented developers. With them, problems become the solutions, and ideas become a reality. 

Why Choose ValueCoders?

The company has 16+ years of experience in handling more than 4000 projects with a 97% client retention rate.

The team of software developers is best in the following services:

  • Custom software development
  • Software consulting
  • SaaS & software products
  • Modernization and migration services

ValueCoders serve 40+ countries and manage technical queries of many industries. 

Some popular clients of the company are Jackson Healthcare, Thomson Reuters, Infosys, Capgemini, and Hellopeter.



2. PixelCrayons: Award-Winning Software Development Firm

PixeclCrayon is India’s most trusted custom software company, catering the secure, robust, and scalable technical-driven solutions worldwide. The creativity of their developers’ minds reflects digital advancement while building any software application.

Why Choose PixelCrayons?

The company has a record of 6800+ happy customers in 38+ countries by delivering highly modernized and robust technological solutions.

Their software developers provide advanced software security through data encryption, high-security plugins, and a secure admin dashboard. 

They provide advanced digital solutions to all major industries that include travel & tourism, healthcare, banking & finance, education & e-learning, and so on.

Their significant areas of expertise are:

Their list of clients uncovers Puma, Adobe, Tesco, Valkaswegan, John Deere, and Vodafone.

3. TatvaSoft: Best in Solving Complex Business Challenges via Technology

TatvaSoft is best in resolving technological glitches with the most innovative and latest digital tools. The company has topped the list of Top SME Custom Software Development companies in India. 

Why Choose TatvaSoft?

The company has started its journey in 2001 and expanded its workforce of 900+ IT professionals in the US, Canada, UK, Australia, and Development Center in India.

To date, they have completed more than 1800 projects and add many awards and accolades to their business identity.

Their dedication and technological understanding reflect in the following services:

Their primary clients are Anglo American, Pepsico, KFC, De Beers Group, Macquarie University, etc.

4. Cyient: Leading Digital Market with Resilience

The company makes its name in the top 20 custom software development companies in India, from building design to managing software solutions. With a pool of 15000 employees in 20 countries, they are ready to meet their clients’ business requirements.

Why Choose Cyient?

The company serves the most advanced technological solutions to crucial industries, including aerospace and defense, energy, industrial & heavy equipment, geospatial, medical technology & healthcare. 

Since 1991, Cyient provides software solutions, digital technology, and advanced analytics capabilities to more than 300 customers.

Consider the company’s profile for the following prime services:

  • Augmented Reality / Virtual Reality
  • Predictive Maintenance
  • Supply Chain Management
  • Engineering Application Development
  • Analytics & IoT

Their primary clients are Boeing, Pratt & Whitney, Airbus, Alstom tom, Qualcomm, Bombardier, and Philips.

5. Cybage: Leading Software Solution Provider

Using a data-driven model of operational excellence, the company offers the latest product engineering services globally. It is an ISO 27001 certified company and leading the market in global IT and business process outsourcing.

Why Choose Cybage?

The company won Asia’s Best Employer Brand award and the Big Data & Analytics Award for Best Analytics Service in Talent/HR Analytics in 2017.

Their excellent team of 6300 employees serves more than 15 countries across North America, Asia, Europe, and Australia. 

Choose to buy advanced digital solution under the following expertise:

  • Offshore Software Development
  • Supply Chain Management
  • eCommerce Development
  • Business Intelligence & Data Science
  • Testing & QA

Their primary clients are 123Insight, Marketwire Systems, DealerTrack, DealerTrack, and RateHighway.


Also Read: Top 20 Fantastic Software Ideas in 2021 to Nurture Start-Up Dreams


Final Thoughts:

When you are targeting to achieve success and better workflow management, count every factor centering on your business progress. In such a case, having custom software is the right approach. 

Select the best one from the hub of custom software development companies and meet all your requirements effectively. It would be an advantage to hiring a software developer from ValueCoder, a top software outsourcing company in India, with a 97% client retention rate.

 

The post A Complete Guide to Know How Custom Software Development Amplifies Company’s Success Graph appeared first on ValueCoders | Unlocking the Power of Technology: Discover the Latest Insights and Trends.

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