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Today, software companies and businesses of all industries are struggling to find top development talent. There is huge competition for the most skilled and experienced coders amongst companies, ranging from Silicon Valley tech giants to startups. One way companies can bypass this horse race is to outsource development to companies overseas.
There are many talented engineers in places all over the world that were not born in the U.S., had no opportunity to come or simply do not want to live in Silicon Valley. Many of these developers work for outsourced tech companies and can be tapped into anytime.
However, it’s not easy to decide what developers to hire and whether to outsource at all. If you are running a company that is already in Silicon Valley and you have the resources to hire a wide range of talent on demand, there is less reason to outsource development. Otherwise, you should definitely consider outsourcing software outsourcing models.
The reasons to outsource are many:
If you don’t have a lot of funds, you have less ways to motivate developers to come to your company instead of the competition. If you are not in Silicon Valley, you also have less geographical incentives to attract developers.Even if you do recruit top talent, it may be poached at anytime (or at least after the time period between certain agreements is reached).
Offshore or Nearshore?
Ok, now you know outsourcing is your best bet, there are various options for you to consider.
The term offshore first appeared in the 90s and focused at first on India, some areas in Eastern Europe and Russia. It also was associated with tax havens and as a cheap way to outsource a variety of labor from software development to oil drilling. Nearshore came later as online connectivity and b… Read More
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