Offshoring has become really popular, especially when it comes to web and mobile development. This is a trend mostly observed in recent times where companies have wanted to focus on their core business processes.
Hiring an experienced developer in the US/UK/Europe costs upwards of $100,000/annum including salary and other benefits. A similar resource from India would cost around $20,000. This is one fifth cost of hiring in-house teams. it definitely makes more business sense to hire a team of developers working offshore, at the cost of a single developer who works in-house. This is not all offshoring saves on the following addition costs:
According to Indeed the average a software developer in the US is $95k.
Disadvantages of hiring in-house teams include:
Advantages of hiring offshore teams:
Most IT organizations that outsource their services to offshore companies say that their cost has been lower than it was while hiring in-house resources. The following data supports the claim:
Businesses looking to hire expert offshore teams must choose a professional agency like ValueCoders for:
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