This is a complete guide with interesting facts about software development outsourcing that will show you why this might be the perfect choice for your business.
In this digital age, companies are in a much better position to address programming needs as efficiently as possible than ever before. Partly due to a rise in software development outsourcing , which allows companies to put together the best team from around the world.
Companies worldwide have come to realize the value of outsourcing. As of 2019, the global market value of IT outsourcing is USD 92.5 billion , while IT spending is expected to grow 3.7% in 2020 due mostly to software. This scenario shows that many organizations are currently transferring IT development operations to third parties , which in turn have evolved to behave like business partners and not just as software vendors.
Why are companies outsourcing their software needs? Even though they outsource for many reasons (solve capacity problems, cut costs, manage business environments, among others), for most businesses, all this is an issue of efficiency and focus. Having an outsourced team allows them to focus on their core objectives while they create a leaner, aggressive, and stronger operation.
The numbers we show in the following White Paper prove that in today’s business environment, leaders are looking to modernize their business operations by hiring external software development teams and solve their development needs in a productive and high-quality way.
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