Software development outsourcing refers to businesses that delegate their software development to outsourcing providers like freelancers and outsourcing companies. Just like any other job role, software development is now one of the top outsourced services in the IT outsourcing industry. This is due to the fact that businesses these days also have to establish their presence in the digital world to remain relevant in the market industry.
Software development involves the process of designing, creating, developing, maintaining, and deploying software. In terms of software, it generally consists of programs that instruct a computer what to do. It is classified into three types, namely: programming software, application software, and system software.
The process of software development is handled by IT professionals, specifically software developers, programmers or coders, and software engineers.
The software outsourcing industry
Today, software outsourcing has now become one of the leading trends in the IT outsourcing industry. This was brought about by the shift in today’s business landscape, as we become more and more digitized. In fact, according to a recent survey published in November 2020 by Statista, the total contract value of the whole IT outsourcing industry from 2000-2019 has reached over $62 billion.
The software outsourcing industry has completely evolved over the years. As our technological advancements continuously progress at a fast pace, so did the trends in software development. The standard practices of software development have already paved the way for newer technologies and more agile approaches to software development outsourcing.
It is safe to say that the demand for software outsourcing will increase more as businesses leverage the advantages of outsourcing as a whole.
Benefits of software outsourcing
More and more businesses are choosing to outsource their software development, as it speeds up their whole developmental process while maintaining quality output. Not only that, but software outsourcing also offers the following benefits:
Flexibility
Companies don’t have to worry about hiring an in-house team, they can tap into software outsourcing whenever they only need it. Furthermore, in software outsourcing, there isn’t usually a need for a long-term contract as businesses can only outsource during the duration of their software development project.
Cost effectivity
Just like any form of outsourcing, software development outsourcing is very cost-effective compared to having to hire a team of regular employees.
Business focus
Outsourcing software development allows businesses to work with seasoned IT experts with superior skills and training. While these professionals handle software development projects, stakeholders are able to focus more on their core business functions.
Faster development and quality work
IT outsourcing partners are not just well-experienced experts, they are also well-versed in terms of the latest technologies which allows them to speed up the software development process while ensuring the quality of their work.
