What to consider when hiring an offshore development company
Introduction
Finding the right Offshore Partner can be really daunting. As the industry grows you have many companies offering the same services. We have been an offshore tech partner for our limited clientele for over 10 years. This article is to help you find your right offshore tech partner
Step 1: Define Your Project Requirements
Outline and jot down all the requirements that your project requires before jumping into surfing through millions of options that you can find online. What is your specific need? Try to outline the technologies, frameworks, project timeline and a ballpark cost you are willing to put into this project. Defining this will narrow your search down to specific companies.
Step 2: Research Offshore Development Companies
Start by gathering information online about the possible partners Start by gathering information about possible offshore development companies by visiting their websites, case studies and client testimonials. Look for companies that display technical expertise and have a history of working on projects like yours. For example, at SwaaS we managed a complex ETL project involving over 136 million data points from 21 unstructured sources, using advanced AWS tools like Redshift, Athena, Data Brew and RDS.
Step 3: Evaluate Their Expertise and Portfolio
Once you have a shortlist, dig deeper into their technical skills and industry expertise. Review their portfolio to see what they can do and the complexity of projects they have handled. Ensure the companies you consider are up to date with latest technologies and can adapt to your specific needs.
Step 4: Communication and Project Management Skills
Communication is key to any offshore partnership. Confirm your potential partner uses communication tools like Slack or Zoom and has regular updates and check-ins. This step is critical to keep everything clear and aligned throughout your project duration. At SwaaS we emphasize transparent communication and agile project management to keep our clients informed and engaged throughout.
Step 5: Pricing and Contract Terms
Having clear pricing and contract terms will save you from surprises later. Whether it’s fixed price or time and materials contract, know what’s included and what’s not.
Step 6: Plan a Pilot
Before committing to a full project, consider starting with a pilot. This practical approach will let you test your theories, assess compatibility and understand the dynamics of working with your chosen offshore partner. This will help you understand where the tech partner stands and will help you gauge them
Conclusion
Choosing the right Offshore Development partner in India is more than just revies on clutch, LinkedIn or any other sources. What worked for other may not work for you; it’s about finding a partner that is honest and fit perfectly with your setup. SwaaS not only deliver software solutions, but we also want to be a part of your team and grow as you grow. A win-win for both of us. Our limited clientele allows us to offer personalized services, and our experience guarantees results. Just book a 15 min call with us to find out how we can help you now !
Supporting Data Points
- The Indian IT Outsourcing Market: Survey
- The Indian IT outsourcing market is expected to grow at a CAGR of 7.25% from 2020-2025. This growth is driven by the increasing demand for software development and other IT services.
- Source: Mordor Intelligence (https://www.mordorintelligence.com/industry-reports/it-outsourcing-market)
- Cost Savings from Offshore Development
- Companies can save up to 70% on labor costs by outsourcing to India compared to hiring locally in the United States or Europe.
- Source: Deloitte Global Outsourcing Survey (https://www2.deloitte.com/us/en/pages/operations/articles/shared-services-survey.html<)
- Quality and Expertise of Indian Developers
- India produces over 1.5 million engineering graduates annually, providing a vast pool of skilled developers for offshore development projects.
- Source: NASSCOM (https://community.nasscom.in/communities/productstartups/why-businesses-hire-indian-companies-software-development)