Tech businesses face the pressure to constantly evolve their products and services to get to the top of the profit making pyramid. CEOs and business owners are always on the lookout for business strategies to have the maximum impact with borderline investment.
Hiring offshore software development companies has been a successful business solution for enough time that there are no more doubts left on its sustainability. Although offshore development is not the “magic pill” to solve all enterprise issues, it’s the reliable one.
Reduced operational costs, no hiring hassle and maintenance of an in-house department, global talent access, multiple perspectives and much more, offshore software development companies have a lot to offer.
All the major players have been setting up their presence overseas and it is a fact that the offshore software development model is here to stay. So today, we’ll be talking about the best hiring models for offshore IT companies.
The global offshore IT industry has been around since the 90s. But it’s in the past decade, that its effectiveness and reliability has gone unquestioned and It is much easier now to hire offshore software development company. The major attraction of offshore IT development is the flexibility it offers in terms of hiring models.
The partnerships of onshore and offshore companies have proven advantageous for both ends. So in this blog we will talk about the two major bases of hiring offshore software development companies and their benefits.
Also Read: Why Is Software Development A Need For Businesses In 2022
How an offshore asset adds value to your business must be clear and this section highlights how IT companies do the same for clients. Hiring based on business models include the details of services provided by the offshore company, the compensation and how they deliver the product.
Every business model has its benefits and drawbacks to cater all clients of varying needs. We will discuss the benefits to shatter any misconception left against offshore development services.
As per your immediate or long term need, our offshore software development company in India partners with you. Among the various hiring models you can select the one that fits best or combine two models for a more customized solution for your particular projects.
We follow these engagement models to develop a clear understanding of client’s needs and make it easier for businesses to outsource their requirements. The three business models of hiring are time material, fixed cost and dedicated resources. Let’s discuss them in detail.
As it is evident by the name, the first hiring model is based on the execution time and resources required to complete the project. We make an accurate estimate of the working personnel, IT setup, project management resources, time and other factors that will be deployed during the project tenure. The project expense is decided based on the mentioned elements.
There are several benefits to the time and material engagement model.
Also Read: How To Choose The Right Agile Methodology For Project Development?
In this model the offshore company and client agrees on a price before the start of the project. The price and project quality is agreed upon for the entire development duration from start to finish. This model is ideal for businesses looking for low risk investment with clear project scope. The benefits include the following:
This is the most preferred hiring model in the offshore business industry. In this model, the client hires an entire team dedicated to their project only i.e. they work for one client at a time to meet their requirements. The client can hire resources as the project demands.
This dedicated team acts as a virtual part of your in-house team and employees. It’s like a business branch offshore working on your projects specifically.
Also Read: How to Choose the Best Web Application Development Company?
The offshore dedicated team guarantees the project success. It is the most reliable and efficient offshore hiring model for software development companies.
This blog was focused on the best hiring models for collaboration and building trust among the vendor and clients. Hiring offshore software development companies brings more customer satisfaction and amplifies your efforts to digitize your business products and services.
Our offshore software development company in India, Imenso Software works with high transparency and customer satisfaction for clients across the world. To reap the benefits of investing in technology with minimum risks at low prices get more information on pros and cons of all the service models, just contact us here.
As the year 2023 approaches, businesses must define a route in a market marked by extraordinary difficulties and unrivaled opportunities brought about by technology. Whether you own a small business or a startup, digital transformation is inevitable. It seeks to transform your organization and its assets digitally to increase efficiency. AI, IoT, and big data […]...
‘Of course, there’s an app for that.’ When Daniel Kraft, MD, uttered these words about his digital stethoscope, he was neither exaggerating nor fooling around. After all, isn’t there an app for everyone and everything around? As per Statista, Apple App Store has around 2 Million apps. Google Play Store lists over 3.3 million entries. […]...
Software outsourcing is the process of hiring an offshore development team to create custom software solutions for the digitalization of a specific business process via an application or software maintenance.
The major benefit of outsourcing software development is the advancement of business through digital infrastructure. Other benefits are:
We understand your concern for quality, but with Imenso, you don't have to worry. At the beginning of every project, we send you a list of experienced professionals from which you can choose from. Thus you are satisfied that your offshore software development project is in capable hands.
We work with many technologies to create custom software solutions. Our expertise includes robust PHP development using the best frameworks: Laravel, Yii, CodeIgniter, CakePHP and more.
For mobile development, we work with android, ios and hybrid development.
Game development, .NET, Power BI, WordPress, Shopify are some other competencies.
For more detailed insights, check out our technical expertise section.
Our team has an enthusiast in every industry. We know about the ins and outs of all. Together we've worked on projects from multiple industries including Tourism, Human Resource, Blockchain, Finance, E-Learning, Health Care, E-Commerce, B2B, Consulting, Fashion, Automotive and Real Estate.
We have a cumulative experience of 10 years working as a software and web development company. Our team of 60+ coders and developers at Imenso are proficient in the latest technologies which solve complex business issues seamlessly.
We love to code and create. PHP development, .NET development, mobile application development, business intelligence and data analytics, game development, CMS and eCommerce and UI/UX are the tools with which we work to provide technological solutions for real-world problems.
Our software/web development agency offers all types of hiring models: dedicated resource, fixed and hourly pricing as per your business needs.
Choose a dedicated resource for full control over your web development project. You can also go with the fixed pricing if the project requirements certainly won't change during its tenure.
The total time for project delivery is based on several factors. Our custom web/software team understands the requirements fast and deliver web solutions in the minimum time possible.
It generally takes around 12-15 weeks to finish a software development project with minimum features depending upon the number of iterations and functionality required. In around 12 weeks we develop a complete software product to solve your problem. Although a feature rich product takes longer.
Protecting your intellectual property is our top priority and we don't compromise with it. All the conversations and data about the project is NDA protected.
Our software and web development agency has experts for every technology. You can choose which professional is the best fit for your offshore project.
We deliver the best software solutions for our clients. However, if you aren't satisfied with the services provided, feel free to contact your Account Manager at Imenso Software. We will try to resolve your issue in the best ways possible.
Yes. Our software and web development company aims to provide the best client experience. We provide a dedicated project manager for your project only. The project manager is responsible to keep you updated about the progress and make sure the deadlines are met. He also takes feedback from you and optimizes work accordingly.