A CTOs guide to offshore software development

Is your business ready to advance in the fiercely competitive tech market without breaking the bank? With the number of software firms projected to exceed a million in the next decade, Western businesses are feeling the squeeze with rising costs and skill shortages. About half of these companies are concentrated in Western Europe and the US, increasing competitiveness, operational costs, and skill shortages.

Luckily, offshore software development services have emerged as the perfect solution to help businesses stay up-to-date. Now the question is, how can you maximise the potential of dedicated offshore teams?

Keep reading to discover the advantages of software offshore development and learn how to incorporate it into your software development processes.

Outsourcing vs offshoring

Outsourcing can provide cost-effective results but may not always be the best choice for long-term success. With multiple projects on the go, the risks associated with juggling developers across multiple clients can be daunting.

That's where offshoring comes in. By selecting dedicated developers exclusively for your business needs, you'll have access to a wealth of talent and expertise that you might not be able to find locally. The best part? Your offshore partner will do the heavy lifting to find you the ideal match for your team, leaving you free to focus on other tasks.

The benefits of offshore software development

1. Access to a large engineering talent pool
2. The opportunity to scale fast
3. The ability to focus on your core business

The best offshore locations

India - the global IT offshoring hub with expert developers, top training, and fluent English skills. India's affordable cost of living makes offshore software development an attractive alternative for your organisation.

Eastern Europe - for organisations that operate in Western Europe, nearshoring to countries in Eastern Europe is a fantastic option. This model suits companies that want constant, real-time collaboration with their in-house staff.

Latin America - although nearshoring to Latin America is popular among North American companies due to the minimal time difference, it is essential to note that the developer's standard is generally lower compared to other regions. Companies may also need to pay a premium for talented and experienced developers.

The Philippines - a compelling destination for offshore businesses aiming to enhance efficiency and cut costs. Its strong English proficiency and cultural affinity with Western nations can benefit companies outsourcing functions. Additionally, the government has implemented incentives and programs to support the offshore industry.

Download the PDF for more detailed information: CTO guide for offshore software development

How to manage your offshore software development team

Share the vision and mission of your company

Showcase your business's vision, goals, and needs, and chart a course for where you want to be in the next few years. The more your partners know about your brand, what you aspire to create, and why, the more invested they'll become in your company's mission and vision.

Bridge the culture gap

Keep your teams motivated and united towards a shared goal. As the project lead, remember to show appreciation and recognition to your offshore team. Plan occasional visits and organise ice-breaking conference calls for both teams to get to know each other.

Communicate effectively

Communication is key to the success of your development project — prioritise effective communication to create a productive environment. Explore different channels such as email, instant messaging, and productivity tools to connect your in-house and virtual teams.

Scale your business with a software offshore development partner

Ready to take your organisation to the next level? Partnering with an offshore development company is easier than you think! With numerous advantages, this model can take your business to new heights. Let your overseas team handle the heavy lifting while you take on more work and enjoy the benefits.

Source:https://steemit.com/offshore/@thescalers/a-ctos-guide-to-offshore-software-development

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