Before the COVID-19 pandemic, many business owners were wary of turning to outsourcing companies to delegate individual tasks or projects. At the same time, the forced transition to a remote format of interaction with employees has lowered the entry barrier to outsourcing and, thereby, provided businesses with new opportunities for scaling and cost savings. Below, we will explore the potential of this type of cooperation in more detail.
Which Type of Outsourcing Is Right for You?
Currently, there are a large number of options that organisations that outsource their business tasks to third-party contractors can resort to. However, their features are specific, so only one outsourcing model is suitable for each format of cooperation.
In particular, when it comes to developing a new software solution or optimising an existing one, you have three options to choose from: Fixed Price, Time and Material, and a Dedicated Software Engineering Team. While the first option is best chosen by those who have extremely clear project requirements and do not plan to change them over time, and the second – for projects with strict deadlines, the third – team dedicated software development – is the best choice for those who understand that their project requirements will change over time, but these changes should affect its final quality.
As for the payment for the services of a dedicated software development team, it is identical to that which is formed for in-house employees – each of them, depending on their qualifications and responsibilities, receives a monthly salary. In general, it is worth noting that dedicated software development is in many ways reminiscent of cooperation with local specialists who work in your office remotely.
You also get the opportunity to fully control processes (the management can be carried out on the side of the outsourcing company), schedule meetings, and, in general, do everything that usually happens in in-house teams. At the same time, you get confidence that your dedicated software team will work only on your project or task, without being distracted by third-party clients like you.
As for the official confirmation of such cooperation, all provisions and requirements for dedicated software development teams are defined in the NDA. Here, you can describe how you will share the risks associated with the implementation of your project – yes, your contractor will also be responsible for them.
Ultimately, when choosing an outsourcing company operating in a region with average market rates lower than in your country, this model of cooperation allows businesses to achieve significant savings – both in time and in finances.
Final Thoughts
We hope that now, you can make an informed decision about whether you need dedicated development team services. If your choice is positive, you can start looking for a company that offers its clients the ability to outsource dedicated software development teams today. For example, you can contact our team dedicated software development company to entrust us with an entire project or individual business processes.
