2020 was strange and for some of us a very demanding year. As of now, it’s officially over we are pleased to share our predictions for 2021.
The stakes have never been higher for your business to adapt, evolve and transform. The question is: how can we accelerate and scale our digital transformation cost-effectively?
The answer – optimized global delivery.
The high demand for software development services keeps growing.
High demand means a continual shortage of the right IT talent for full-time work onsite.
Outsourcing software development services provide a proven and powerful option for large and small businesses alike.
They all benefit from:
- obtaining needed expertise
- paying lower hourly rates
- avoiding tedious and costly recruitment and onboarding
- higher flexibility in scaling teams
- accessing a talent pool in a different country
When COVID-19 hit, we at nearshorefriends quickly saw which businesses were “in” or “out.” Those businesses that previously invested in digitalization were winning all the chips. While at the other end of the spectrum, some companies were far behind and almost out of the game.
However, business leaders have shifted their perception of outsourcing software development. With more teams and staff now working remotely, they see the potential benefits and cost savings for outsourcing.
The pandemic has also affected the dynamic for your business to adapt and act quickly.
You have to evolve your digital transformation to account for different consumer behaviors, consumption trends, entertainment and more. And then you must consider, how will this shape new features or functionalities of my existing product?
“Do what you do best and outsource the rest.”
In 2020 a digital transformation consulting firm reported that “The size and value of the international nearshore market are rising dramatically.”
They note that nearshore services represent 36% to 40% of the total global services market.
The “Outsourcing in 2021” report produced by the National Outsourcing Association reveals that 70% of companies say they plan to outsource in the future.
Producing the software required to support new digital solutions in different areas, as well as that needed for ongoing maintenance, will almost certainly lead to significant growth in the use of nearshore staff augmentation and software development outsourcing in the coming year.
Our nearshore delivery team has proven experience working with EU-based clients on complex product development. Learn more about nearshorefriends and find the right fit for your business goals.
