Is it time to build a dedicated development team offshore?

For some companies, the benefits of offshoring, most notably cost, is enough to take the plunge to go offshore. However, other companies are still considering whether it’s the right business move.

The technology industry is one of the most dynamic industries today. As a result, the demand for skilled IT professionals is at an all-time high. To add to this, the emergence of new technologies such as Artificial Intelligence and Machine Learning has triggered a recruitment surge like never before. More and more companies are now on the lookout for IT professionals who can fill new, specialist roles.

While technological leaps can allow businesses to gain a competitive advantage, they can also bring new recruitment challenges. For instance, a study conducted by Robert Walters, Totaljobs, and Jobsite showed that over 70% of technology employers in the UK face a talent shortage. Almost 24% of the respondents stating that the lack of talented developers will greatly impact their recruitment process.

If you find yourself in a similar situation, then what you need is a larger talent pool – one that you cannot find locally. By building a dedicated development team offshore in a country like India, you gain access to exactly that.

India is a country that produces 1.5 million engineers every year, a number that is unrivaled anywhere in the world. India is also the world’s second-largest English-speaking country, right behind the United States. By going offshore to India, you gain access to programmers who are not only technical experts but are also fluent in the English language. This means that you can scale your development team as quickly as you like, without worrying about talent shortage.

Are you paying a premium to stay local?

However, in today’s competitive IT industry, this isn’t always a wise move. And that’s where building a dedicated development team offshore can be invaluable. Because of the massive talent pool that you gain access to, you no longer have to pay a premium to hire the best. To top it off, the lower cost of living in a country like India means lower wages and more profits for your business. So if you’re paying through your nose and you want to find a more cost-effective option to scale your business, offshoring might be a good move.

Read on to know more Offshore Development team

Source: https://thescalers.com/dedicated-development-team/

At The Scalers, we help innovative global businesses build highly talented software development teams in Bangalore — the second largest tech ecosystem in the world.