When you need to avoid the expenses of hiring, training, and retaining employees. Other scenarios might include not meeting your development deadlines, needing to mitigate risks, scaling fast, or accessing a global talent pool. A fresh perspective, expertise and implementing best practices will help your business save money and time, which are particularly important for startups and early-stage projects with limited resources.

The cost of hiring internal, training and retaining staff is higher than outsourcing software development. When projects need to be launched quickly, the factor of time can be challenging for in-house software teams. Moreover, low retention rates and high employee turnover can hurt business productivity, performance and profitability.

By finding the right outsourcing partner, whether you’re an entrepreneur launching a startup or a business manager building a satellite product, selecting a reliable outsourcing development company is a critical decision.

Increased efficiency and financial savings are just some of the many advantages of hiring an offshore development company. Not to mention, that it is one of the most effective strategies to stay competitive.

Outsourcing is less expensive than in-house software development because you are essentially paying for a service, not an employee. There are no overhead costs such as benefits, taxes, equipment, office space, etc. Resources are allocated more efficiently to gain productivity, flexibility, and market competitiveness.

Kanban development and scrum software development are two agile methodologies used that benefit both parties. Choosing the right method is key to success as it sets the tone for team collaboration, execution, and decision-making.