There are many good reasons to hire an offshore software development company, and the chances are that if you’re here already, you’re already sold on why you might want to use one.
And so, with that out of the way, let’s go ahead and jump straight into the list of the best offshore software development companies in the world.
Top 10 Offshore Software Development Companies in the World
Zfort Group is an innovative software specialist that prides itself on its ability to solve tangible business problems through the smart use of technology. They say that it’s not what they do that makes them unique, but rather how they do it – using their proven methodology that can then be tailored for each of the sixteen different industries they serve.
The good thing about Zfort Group is that company has a proven reputation for delivering projects on time and budget, without the usual inaccurate estimates and project delays. Founded back in 2000, they’ve got over a thousand completed projects under their belt, more than 50 dedicated teams, and over 200 highly qualified professionals on board. As a result, it provides the best treatment for their clients.
N-IX has over 1,000 employees, which means that they’re a pretty good pick if you’re a large company that needs an extensive development team. They’ve worked with many Fortune 500 companies and have a pretty good track record, having helped over 100 clients create software solutions across various industries. N-IX use techniques including big data, data science, cloud technology, and more.
They’ve been in business for over eighteen years, not just weathering changes but moving with them, acting as fast movers for new tech. They’re based in Ukraine, with additional offices in Poland, Sweden, Bulgaria, Malta, and the US.
Your Team in India
The clue is in the name, here! Formed eleven years ago in India, they’ve established a decent reputation for full-service development, working across a range of different industries and technology types. Throughout the years since their formation, they’ve averaged nearly 100 projects per year to leave them with over 1,000 completed projects. The result is a pretty decent outsourcing company at prices that almost every company can afford.
This Panama-based company has a motto: Pa’ lante, which means “always moving forward” in Panamanian. It’s a pretty good motto for them because they pride themselves on their ability to hit the ground running, powering through roadblocks as though they’re not even there.
Based in Lviv in Ukraine and founded an impressive thirty years ago, back in 1991, Eleks has over 1,000 employees and works with high-profile clients like Aramex, Autodesk, ESET, TAIT, and Havas. They also have additional offices and research centers worldwide and sales offices in the United States and Japan.
Their offering covers a little bit of everything, from QA and testing to development, technological consultancy, and more. They have a whole heap of experience from their thirty years in business, including artificial intelligence and sector experience in finance and retail.
This company started back in 2013, intending to help companies with their lack of technological solutions. They won their first major client at the end of their first year when they developed a mobile app for a non-profit called Teleton 20-30. This led to them winning new business from Adidas and Ralph Lauren.
Hypernova later started working with clients in the banking sector and other key industries, and have continued to grow throughout the years while specialising in outsourced development. As of 2011, they have just over 50 employees, making them one of the smaller companies on this list, though that hasn’t stopped them from working with some global giants.
Based in Poland, this company was formed nearly 20 years ago, back in 2004, and has grown to have over 1,000 employees at the time of writing. On top of their headquarters in Gliwice, Euvic has additional offices in Germany, the Netherlands, and the USA and offers different services that include custom software development, mobile app development, application testing, and more.
Clients including Ardent, FileHold Systems, and JetAvation can work with clients of all different shapes and sizes. Still, they’re mostly known for working with mid-size companies across a range of different industries.
Codal is built on transparency, and they pride themselves on the fact that they partner with clients and understand what they need to do and why they need to do it. They then create a bespoke proposal that outlines exactly what you’re paying for and why you’re paying for it.
Codal has a particularly good reputation for their employees, who have a great pedigree and an impressive work ethic. They’ve got excellent feedback from their dozens of clients and have the award wins to prove it. They also have millions of end-users for their successful builds.
Founded by Hitesh Agarwal, this offshore development company aims to offer a mixture of value for money and consistent peace of mind throughout the development process. Agarwal founded the company because he was unhappy with the way that the companies he’d worked for approached development, failing to focus on the software’s real-world applications.
Since its inception, the company has grown quickly in a couple of years, serving hundreds of clients from around the globe and growing at over 100% YoY. They might not have the same pedigree as some of the others, but they’re definitely a rising star.
MobiDev is all about making it as easy as possible for founders and entrepreneurs to create software that makes their lives easier The idea is to plug straight into the company as a development arm so that the leadership team can focus on building the business and servicing the clients.
The company prides itself on its ability to take care of the minor but still important details, taking away the headache of software development. They reinvest 30% of their cash into research and development. So far, they still have an impressive 100% project success rate.
Can we use Laravel for big projects?
Yes, of course, you can!
The good thing about Laravel is that it can be used for any project of any size. The sky’s the limit, and one of the advantages of using it is that you’re able to start off small and scale up your Laravel build as and when it’s needed.
Laravel is like most other content management systems in that it essentially underpins your site and provides you with a base that you can build from. It’s no more or less suitable for big projects than something like WordPress or WooCommerce, and so it’s really a case of choosing the best platform for you. If Laravel ticks all of your boxes, it’s a no-brainer.
The Benefits of Offshoring Development
We could write a full post on the benefits of offshore development because there are so many different advantages available. Different companies are looking for different things from their offshore development companies, but just a few of the main benefits for people to tap into include:
Scalability: One of the biggest advantages of working with an offshore development company is that they can bring in new resources at speed to scale up and down with your company. And you don’t even have to worry about paying them a salary!
Lower costs: Because they’re typically located in cities and countries with lower costs of living, offshore companies can usually save money on their operating costs and pass those savings on to their customers.
Specialist expertise: Many offshore development companies specialize in working on a certain kind of build, whether that’s ultra-secure builds or whether they pride themselves on speed or their ability to work in certain industries.
Offshore Software Development Costs: Rate Comparison
Offshore development companies tend to have a variety of different rates, just as you’ll find if you look at domestic companies and compare their prices. Still, as a general rule, you should be wary of any company charging less than $10-15 per hour, while once you get to $40+/hour, you’re getting pretty close to what you’d pay for a local agency. And of course, remember that you get what you pay for. So sometimes it can be worth paying a little more if it’s going to have a positive effect on the service you receive.
How to Choose an Offshore Software Outsourcing Company
There is a range of different factors that you’ll want to consider when choosing an offshore development company. Of course, most people immediately think of the potential cost savings, because outsourcing to an offshore company can mean that you can work with companies where the cost of living is lower, but cost isn’t the only factor that you’ll want to think about.
For a pretty good starting point, you can take a look at the list of benefits that we shared and identify which of those benefits are the most important for you. If scalability is a factor, for example, then, cost might take a backseat so that you can focus instead on those companies that can bring in the most additional resources to work with you.
One final thing to note is that you should never underestimate how important it is to find a company that can offer stellar customer service because that’s often the first thing to go when they’re trying to keep their costs down. The problem is that you can’t put a price on customer service, and so it’s worth finding an outsourcing company that offers reasonably good support as a bare minimum.
Why choose Zfort group as a software development company?
Zfort Group is an obvious choice when you’re looking to outsource your software development because they tick all of the boxes, which is why we ranked them first on this list. They have a strong history of delivering software builds on time and budget, and they also offer pretty good customer service.
In fact, unless you have some specific need that calls for a specialist agency, they probably offer the best overall mixture of price versus quality, and they have the testimonials to back that up. Check out their website or reach out to them to find out more.
With the rise of globalization and the worldwide lockdown due to the pandemic, most of the work has been done by remote working processes and professionals from their homes. This lockdown has proved the efficiency of remote development and enhanced the trust in offshore software development industry.
To make the most out of the benefits of offshore software development, you should understand the crucial factors that affect offshore development. This is why you should read this guide for the best practices when hiring an offshore software development company. Despite the size and the industry of the business, offshore software development is not beneficial for every entrepreneur in many aspects to make the optimum use of talents in technology across the globe.
Here are some of the top reasons why offshore development is beneficial for your business.
To avail of all these benefits, you should have clear goals, a list of requirements, and features that are mandatory for your software product.
Here are a few tips to help you find the best offshore software development company. Build a top-notch software application by following the listed best practices.
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Looking for the top fintech software development company? Explore some best fintech software companies already reviewed by GoodFirms, Clutch, best clients etc." />
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Fintech technology has brought innovations in the Fintech Software industry, which includes the ever-expanding integrations between finance and digital technology. These integrations mainly seek to automate and improve the use and provision of services to fintech software companies and consumers.
Previously, Fintech services were limited only to laptops and desktops, but now they are also increasing on smartphones. In the United States, 64.0% of millennials and 59.0% of Gen Xers are using a banking application on their smartphones.
The Fintech landscape has a wide range of applications that are diverse and growing with technical advancements in areas including insurance technology, Blockchain, digital banks, and lending platforms.
Different types of Fintech software available in the market in 2020 are listed below:
-> Insurance (InsurTech)
-> Cryptocurrency and Blockchain
-> Payments Gateways (for financial software development company)
-> Regulatory (RegTech) (for financial software development company)
-> Peer-to-Peer lending/Crowdfunding
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Looking at the current market size of the Global Offshore Software Development, the future seems to be on the pinnacle of success. With the pace of technological advancements, the next decade of software development, meetings, collaborations, and outsourcing will be flawless by bridging all the barriers that entrepreneurs face today. Artificial Intelligence and Mixed Reality (Augmented Reality + Virtual Reality) will transform the way the Mobile and Web Development Companies function. This blog encloses a futuristic vision that will enable young entrepreneurs to check the scope of Global Offshore Software Development in the next decade. Find out how to hire offshore software developers with whom you can reliably outsource your mobile and web development.
The Changing Work Life
Something is constantly changing in the working world of today. An evolution forces organizations to think differently about what it means to be an employee, a manager, or an entrepreneur thinking to outsource software development offshore to a remote software development company. Five trends are persuading this evolution to trigger by challenging everything that you consider normal work patterns.
Globalization- Globalization has arranged the entire world within a big city-like arrangement. Language, culture, currency, geographical location, etc. now matter much less. Organizations can find talented developers from any corner of the globe.
Mobility- Thanks to Mobility, we can stay connected to our favorite people and the needed information anywhere, anytime, and on any device. Hence, work is no longer a destination to go; instead, it is something you carry with you all day in your pocket (smartphone) wherever you go.
Changing Demographics- Currently, the workforce comprises 50% of millennials, i.e., the age group employees 24 to 37, born between 1981 and 1996. By 2025, 75% of your workforce will be millennials. This generation expects and wants to work in modern ways. Say, for example, they don’t want to follow the traditional and conceptual working patterns. Instead, they switch to organizational change.
New Behaviors- Your future employees are changing their mindset and behaviors to adapt to the changing workforce. New behaviors are rapidly entering your organizations. Every aspect of business behavior is completely transformed today. For instance, your employees share their personal feelings, feedback, comments, and thoughts on public platforms, their professional details on LinkedIn, their photos on Instagram, etc. Everything has transformed- from communication, learning, collaboration, teaching, content, finding information, and more in your workplace.
Technology- Modern technologies like Big Data, IoT, Collaboration platforms, Wearable Devices, 5G, and Cloud computing keep us productive and engaged in new work patterns. Technology is the balance wheel of your organization, as it enables everything else to function appropriately. Take a look at how technology will propel our work and life in 2030 in this video:
Clearly technology, globalization, new behaviors, and changing demographics are acting as the catalysts of future work patterns and workforce. Hence, if you don’t take your organization from these needs to the wants of the employees, your organization clearly has no future. Now is the time you unveil the curtains and enter the new generation of workplace and culture.
Are you ready for the future of work?
Meetings in the Future
Today’s meetings are different from how they used to be in traditional offices. Agile methodology has alleviated frequent and quick meetings that aren’t structured. Audio-meetings are a thing of the past; employees expect to communicate without any barriers of locations and devices.
More than 75% of people are communicating with colleagues sitting at distinct geographical locations every day. Those who communicate with remote team members on a regular basis believe that video calls are the best medium of communication.
In the upcoming decade, thanks to Mixed Reality, an employee sitting in his home or any distinct location will be able to join in a meeting with his colleagues in the office in three-dimension 3D with a holographic video call.
This form of meeting where we see the merging of our real-time environments (workplace) with mixed reality (augmented and virtual reality) is known as holographic teleportation. As such meetings take over our work functions, entrepreneurs’ barriers while Offshore outsourcing software development will collapse altogether.
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