Benefits of nearshoring software development
While many companies have outsourced software development for many years, new options have arisen recently, including nearshoring. With nearshoring software development, you hire a development team that’s outside your company’s home country. However, they are still geographically close to your headquarters. The advantages of nearshoring are abundant, with positive outcome for everything from the bottom line to the time of your team. Take a look at the key benefits of nearshoring software development.
Good Cultural Fit
When you nearshore software development, you increase the chances that the team you’re working with is familiar with your own national and corporate culture. Being in sync culturally makes it easier for your software team to understand the way your company manages projects and the requirements of your software project. You’re also far less likely to experience any language barriers when you nearshore your software development rather than outsourcing it.
Augmentation of Your IT Team
If you choose to develop software in-house, you have to ramp up your IT team. This means you are possibly bringing in long-term hires that won’t be valuable once the project is finished. Nearshoring your software development handles any internal talent shortage and gives you the support and talent you need.
Lower Travel Costs
If your outsourced software development team is nearby, you can hold in-person meetings with them more easily. This ensures less time spent traveling and lower actual expenditures on travel. Your in-house team are also more rested and ready to work when they don’t have to travel as far.
Easier Meeting Scheduling
Even when you choose to meet with your nearsourced software development team virtually or over the phone, your communication is smoother owing to similar time zone or a neighboring zone. Coordinating multiple team members’ schedules becomes simpler and more efficient when your workday hours are essentially the same.
A Competitive Edge
Traditional global outsourcing often brings with it technical and communications challenges. When you overcome those difficulties through nearsourcing, you open the door to innovation and improvements that might not otherwise occur.
When you nearshore your software development, you can be sure that your nearshore team will be working with infrastructure similar to your own. Outsourcing to countries with infrastructure that hasn’t caught up may result in significant delays to your project.
Larger Talent Pool
The market for software developers and engineers is robust throughout the world, which means talented developers can command high prices. Often, the result is that major tech firms snap up the best of the local talent, narrowing your options. When you expand your talent pool through nearshoring, you can find the skills and experience you need at rates you can afford.
Lower Overall Costs
The primary reason that companies turn to outsourcing of all types, including nearshoring, is to lower their labor costs. In many countries, the expenses of hiring IT talent are prohibitive. Outsourcing provides a way to meet the bottom line while still getting the work completed — and nearshoring falls into this category.
By nearshoring, you can take advantage of the global talent pool without breaking your budget. You can feel confident in the workflow because of the smooth communication and easy accessibility of your nearshored IT team. And they can look forward to getting the software development services you need because you’re tapping into nearby talent that might otherwise go overlooked.
SovTech is a custom software development company providing a complete software design and development service. We design, build, deploy and maintain innovative custom software that gives our clients the opportunity to start, run and grow world-class businesses. SovTech believe technology will be at the core of businesses of the future. We aim to connect businesses across all industries to innovative software, technological development, solutions and services, in a manner that’s faster, easier and better than ever before. To date, we are operating across continents and have offices in Johannesburg, Cape Town, London and Dubai.
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