Hiring an external team to work on projects is becoming a popular option for many companies. It provides businesses with the right skills while cutting costs. There is no longer a need to hire an entire team of developers. One of the best options is choosing a nearshore team. Others are onshore and offshore.
The biggest challenge with external teams is communication and collaboration. Nearshore outsourcing offers the solution to this problem. So what makes nearshore outsourcing companies a good fit? Let’s look at the advantages and why this should be the best option for your business, according to N-iX.
What are the benefits?
So why should this be an option? Here are a list of some benefits of using nearshore IT companies and what profit you can get in a short-time period:
Cost effectiveness
Hiring a team in another country can help you save money. While the amount may not be as comparable to offshore outsourcing, it can make a difference. Labor is more expensive in Western Europe and North America. It is cheaper in neighboring countries. This can help you save significantly on expenses. On average the cost of nearshore outsourcing can be nearly one third the amount you would pay for an onshore service.
Another area you can save on is traveling. Because the countries are nearby, the cost of traveling is less. This promotes frequent visits, something that is key when monitoring project progress.
Communication
Neighboring countries tend to have similar cultures and languages. One of the challenges of using offshore software development companies is the language barrier and cultural differences.
This is hardly the problem for nearshore companies. Similarities make it easier for companies to understand each other, therefore promoting collaboration. It also leads to better and long term relationships. Having a clear understanding leaves no room for misunderstanding or delays on projects. It becomes easier to communicate goals and expectations. With nearshore outsourcing companies there are no communication barriers, which leads to increased productivity.
Time zone alignment
With a nearshore company, you work with developers that are in neighboring countries. This means that the time zone is the same. This proximity makes communication more convenient. Also, teams can easily collaborate on projects without having any time constraints. Other benefits of working in the same time zone include:
- Planning meetings
- Solving problems on time
- Put the project on track
- Ensuring deadlines are met
This will lead to increased productivity and reduced time to market. As a result, nearshore outsourcing leads to improved customer satisfaction.
Better control
By using nearshore companies for outsourcing, you have better control on your project. It is easier to organize meetings and schedule visits. This allows you to monitor a project at each stage and make adjustments at any time.
Regular communication allows you to relay any changes that may have a positive impact on your solution. This gives you more control on your project.
Broad talent
Technology is constantly evolving. There are new solutions on the market every day. In order to stay relevant, you need to not only use the latest skills but also hire experts with the appropriate talent. Due to the high competition, experts are scarce. Also, you may have to pay software developers a lot of money, which may not be feasible for small companies.
However, you can easily find experts in neighboring countries at a cheaper rate. It means you won’t face a shortage in skills. Getting the right skills on projects allows you to deliver quality products and improve customer satisfaction.
Reduced time to market
Relying on an in-house team may not always be effective. If you want to improve an application or build a new one, your company may need new expertise. With the scarcity of developers, hiring one may be too expensive. It may also take a lot of time to find one. So outsourcing the specific talent is better.
Most onshore companies don’t have a lot of developers. This means you won’t readily hire one to work on your project. This may delay progress. Nearshore agencies, on the other hand, work with freelancers. So there is always someone to work on software development. That means there are no delays and projects can commence immediately.
Flexibility
A key feature for successful software development is the ability to adjust a team. You should be able to add a new developer if there is a need for scaling upwards. Nearshore outsourcing allows you to remain flexible during the entire development cycle.
This allows you to remain responsive in a highly competitive market. If there are new innovations you can simply hire the required talent and deliver the best product to customers. Quickly add as many people to your team without any delays.
Regulatory compliance
Compliance is a key part of software development. The ever-changing data regulation requirements carry huge fines. As a result, each company strives to follow regulations. The good thing about close companies is that the relations are similar. This will simplify Data protection laws and help you create better agreements without the risk of facing fines. Both teams will handle sensitive data with caution since the legal requirements are identical.
Because of the security threat, most nearshore companies prioritize security. They work with property protection laws that safeguard your software. This means that all sensitive data during the outsourcing period is kept safe.
Final thoughts
If you are looking to reduce expenses but maintain the same quality of software then look no further than to outsource nearshore companies. These can be found in neighboring countries, facilitating communication. By being in the same time zone it becomes easier to schedule meetings at hours that do not inconvenience anyone. Also, similarities in culture and language promote communication. You can explain your goals without any challenges.
Another benefit is that it reduces costs. There is a wide pool of trained developers that are readily available. All that you need is to find a reputable nearshore company to work with. This ensures that you get the best service while reducing overall expenses.
Read more:- https://thetubegalore.com/
