This document provides an introduction to offshore software development. It defines offshore development as outsourcing software development tasks to a third-party company based in a different country. Offshore development allows organizations to minimize expenses while maximizing productivity by accessing an international talent pool. The document discusses advantages like cost efficiency and improved productivity, as well as potential disadvantages like communication challenges. It also differentiates between offshore, nearshore, and onshore development models and outlines how offshore software development projects typically work.
2. INTRODUCTION
Organizations all over the world are
constantly pursuing ways to increase
productivity while minimizing expenses.
However, there aren’t many things that can
fulfill this criterion.
What if we tell you when it comes to
software development, there is a way to
accomplish the aforementioned objective.
Let’s introduce you to the most efficient
and cost-effective approach to software
development – offshore software
development.
3. WHAT IS OFFSHORE SOFTWARE
DEVELOPMENT?
The formal definition of offshore development would
be, ‘the process of developing digital solutions
where the parent organization outsources all or
some development-related tasks from a third-party
company which is based out of a different country.’
By hiring an offshore software development center,
you can save a lot of time, effort and money on
hiring, managing, and maintaining a software
development team.
4. WHEN TO CONSIDER OFFSHORE
SOFTWARE DEVELOPMENT?
If you want to
minimize expenses
for software
development.
If you want to
expand your
organization’s global
exposure.
If the local resources
are not compatible
with your
development
projects.
6. OFFSHORE
DEVELOPMENT
In offshore development, your
outsourcing partner company is
situated in a distant country, which
often leads to a substantial gap in the
time zones.
7. NEARSHORE
DEVELOPMENT
In nearshore development, your
outsourcing partner company is situated
fairly near your country. So, both
companies are in the same time zone and
enjoy a cultural & work ethic similarity.
8. ONSHORE
DEVELOPMENT
In onshore development, your
outsourcing partner company is situated
within your country. This is the most
convenient and approachable way of
outsourcing.
9. HOW
OFFSHORE
SOFTWARE
DEVELOPMENT
WORKS?
When you hire an offshore
development firm, the offshore
development team understands your
project requirements and offers
solutions, roadmap, and strategies.
Leveraging agile methodology and
project management tools for
communication, the offshore
development team keeps you
updated with the progress of the
project.
When the project is completed, they
hand over the source code to you
(which you own, off course) and also
train your in-house teams, if needed.
10. •1. Cost Efficiency
•2. Improved
Productivity
•3. No
Infrastructure
Cost
•4. Accessibility to
a Wide Talent
Pool
•5. Enhanced
Flexibility
1. Lack of Better
Communication
2. Cultural Gap
3. Security
Concerns
PROS
CONS
PROS AND CONS OF OFFSHORE
DEVELOPMENT
11. CONCLUSION
IT organizations all over the world are
constantly finding ways to acquire expert
resources at reasonable prices. And
offshore software development stands as
an answer to that exact requirement.
According to Statista, the global market
size of outsourced services has reached
92.5 billion US dollars in 2019 from 45.6
billion US dollars in 2000.
With the Covid-19 pandemic, 2020 is also
going to be a huge year for offshore
development.
12. GO FOR MINDPOOL
TECHNOLOGIES
• Being one of the best offshore
software development companies
in India, Mindpool helps you
effectively extend your
development center without any
compromises.
• As a top offshore development
company in India, Mindpool
provides extensive offshore
development services covering
multiple technologies and
industries.