Looking for a smart business strategy to reduce the overall cost of your software operations? Thinking about outsourcing? Check this guide & understand everything about taking software development offshore.
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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 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.
Read More: Global Offshore Software Development: Changed Scenario
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Check out these five criteria for the selection of your software vendor, and you will never regret having the wrong quality product made for you.
One of the primary reasons why many companies are stuck with an underperforming software product is that they did not give the requisite attention in selecting an efficient software development partner. We assure you that if you put in some effort and pay heed to the factors mentioned above, then you will be able to select an efficient custom software development company to build your software that will cater to all your requirements.
Read More: 5 Core Criteria for Selecting Software Development Company
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