After the massive COVID pandemic, more and more businesses across the globe are reconsidering their strategies. Unlike earlier, when businesses used to be sceptical about offshore and outsourcing, in today’s times, businesses have become more interested in conducting business overseas. And this trend of offshore software development has definitely reshaped how projects are being delivered. No wonder the offshore development market is thriving. The sea is filled with numerous opportunities and possibilities; all you need to do is choose a reputable development company and read the following post, which can guide you in conducting a successful offshore software development project.
In one way or another, offshore software development is known as a pivotal strategy for businesses across the globe, and its market value is at $122 billion. It may also interest you to know that several Asian countries, such as India, the Philippines, and Vietnam, are known as some of the most popular outsourcing or offshore software development destinations.
As you know, the following post focuses on the top offshore development trends, so first things first, we need to learn about why one should be well acquainted with the latest offshore development trends.
Significance of Offshore Development
The market is getting tougher, fierce and highly competitive these days. As a result, the global scenario is undergoing rapid transformation. Here, I want to emphasise certain reasons regarding why one should stay relevant with ongoing software development trends.
Enhanced cost efficiency
Yes, you might not agree with me right away, but you are about to conduct a project that will turn out to be cost-effective in the long run. You see, in-house development cost is often higher than offshore due to higher taxes, lower wage costs, underutilised pools of skilled talent and a lot more.
Easy adaptation to technological advancements and skilled professionals
The next reason turns out to be the easy adaptation of technological advancements. Yes, the moment you choose offshore software development, it means you are automatically entitled to make the most of the latest bunch of tools and technologies offered by the tech partners, which leads you to the development of better outcomes. Having a new range of skill sets and niche expertise on hand is a perk in itself. In addition to all these easy accessibility of technological advancements, you get a golden opportunity to work with offshore developers who are willing to assist you in enhancing operational efficiencies.
Improved risk management
The world hasn’t gone insane, so it has been trending mindlessly towards the offshore development market; in fact, there are a couple of factors like these that make the song sing. Apart from these, overall geographical stability, overall economic progress, easy availability of skilled developers, and use of the latest and advanced technologies are definitely key. So all you need to do is get acquainted with some of the latest offshore software development trends for easy functioning and stability, which we will be discussing further in the following post. So keep reading!
Gain a Competitive Edge
As mentioned earlier, the market is getting extremely tough and surviving in this cut-throat competitive world isn’t easy. To up your game in the least amount of time, you need to stay updated and well acquainted with all the latest trends, including cloud innovation, hybrid outsourcing models, nearshore collaboration and a lot more. By learning about such trends, I guarantee you to be well-informed regarding the concept and how it is done in the right manner.
What’s more to ask for? Your business can get an additional edge over competitors by simply building and deploying a product much faster, and nothing can stop you from delivering a superior user experience.
Maximize ROI
Last but certainly not least, software development overseas enables companies to develop highly customised trends surpassing the local consumers and targeting the global ones. In addition, here you get to deliver highly customised, amazing, robust solutions without an exorbitant price. So be wise and make proper use of resources and optimise workflow; if this is the situation, nothing can stop you from receiving better ROI.
In addition to all this, one of the most effective ways to speed up the product launch is by hiring a reputable and reliable offshore development firm. Moreover, organisations are willing to watch out for innovative ways to reduce costs and maintain a competitive edge.
Still not convinced why you need an offshore development company? Some of the basic yet factual reasons are understaffing, hiring expenses, infrastructure overhead, lack of expertise, and getting up to speed with ever-evolving technologies.
As soon as you choose to outsource, the first thing you need to figure out is which outsourcing model to choose, whether to onshore, nearshore or offshore software development. So let’s take a bit of a detour and spot the difference between all three models.
Onshore outsourcing - Onshore outsourcing is said when you hire an external development team, but the condition is that it needs to be located within your own region and country. If the company is located in California and outsources project requirements based in NewYork, then it is said to be onshore outsourcing. Both the business and the development team need to be located within the same area and work under the same time zone.
Nearshore outsourcing - The next type of outsourcing is where you consider third-party services to other countries as well as continents that work under similar time zones. If a client from Western Europe outsources development tasks to a company based in Eastern Europe, it is called nearshore outsourcing.
Offshore outsourcing - Offshore outsourcing occurs when clients and vendors are located on opposite sides of the world or overseas. Here, the basic thing is that both teams are working under different time zones. Let’s say a US-based company is hiring a development team from Ukraine or India; this is what offshoring is all about.
Top Offshore Software Development Trends
Agile and DevOps
Businesses all across the globe are looking for ways to achieve high business agility. DevOps and Agile are some of the most popular and pivotal software development methodologies that focus on offering high-quality outcomes in a short time and with full efficiency. Now the big question is, is it possible to fit two swords in one scabbard?
Agile was considered an industry standard in the early 2000s, but a critical oversight arose. Many times, operational teams who were responsible for deploying and managing software products felt left out. As a result, the rise of devOps began. So what is the scenario now? Has DevOps completely replaced agile, or can they work together in sync? Hell, yes, both concepts, when combined, have the potential to ensure iterative development and continuous improvement. What else, by leveraging these methodologies, is it possible to optimise development procedures and come up with exceptional and high-quality software solutions? Moreover, it is possible to ensure faster delivery times, enhance collaboration and enhance security practices.
AI-driven software development solutions
It may be quite interesting to you to know that AI in software development heralds a new era of innovation, ensuring a large set of tools and techniques that can lead to enhanced productivity and efficiency.
More and more development companies are leveraging AI’s problem-solving skills, which makes it possible for developers to tackle complex challenges with increased accuracy and speed. The unmatchable fusion of human creativity and AI capabilities not just streamlines development procedures but leads to the evolution of the latest possibilities for developing sophisticated, user-centric software solutions.
In one way or another, AI and software development are more like a symbiotic relationship where technology complements human expertise, which is the reason why final products turn out to be extremely innovative and grounded.
Remote and Hybrid Work Expansion
After the massive COVID pandemic, the need for remote work and hybrid work expansion has increased to a significant level. Not just clients but even software development teams are craving for remote work where they can get high flexibility and easy access to a broader talent pool, offering offshore development teams to collaborate seamlessly and efficiently. No matter where the team members are residing, whether they are in the same geographical locations or not, communicating as well as working in sync becomes easy.
Whereas Hybrid modules mean you are working with development teams or experts who have absolute local knowledge and an amazing talent base. This is a rare combination which brings in efficiency, flexibility and easy co-operation in time zones.
Cyber Security
Another interesting offshore software development trend that you should take into account, anyhow, is cybersecurity. There is no denying the fact that security breaches are happening every now and then, and whatever your development requirement is, having a kickass cybersecurity strategy is a must. What if I tell you that rising cybercrimes are projected to hit $13.82 trillion by 2028, and more and more companies are demanding stronger security measures from their reliable offshore software development partners.
Today’s businesses' basic requirements include protection for IP, customer data, and codebases across distributed delivery models. In addition to this, you can ask for Zero Trust frameworks and other aspects, including identity verification, device posture clicks, network segmentation, limiting unauthorised access, and keeping systems safe even if one node is compromised.
Also, ask your tech partner to ensure to meet that the ISO 27001 standards are met with documented risk assessments, access logs, and incident response playbooks.
Cloud-Native Architecture
Another unique and interesting offshore software development method to think of is cloud-native. The ultimate objective behind its creation was to maximise the power of cloud computing. Here, it is possible to combine cloud computing with devOps techniques and create a trustworthy, highly scalable app that can hit the market in no time.
Cloud-native might seem costly, but let me tell you it is a cost-effective option since here you only have to pay for the resources that are actually used by the developed application. In case you use anything extra, you just pay extra fees for that particular period. For example, if the user traffic arises for a specific time being, you can scale up the team members, and you can scale down when the requirement goes down.
By conducting cloud-specific development, you are bound to offer a positive user experience.
Low-Code/No-Code platforms
Conducting offshore software development projects isn’t an easy venture, but it’s altogether a doable job. Developing software used to be a lengthy procedure that required advanced coding skills; however, this is not the case anymore, especially with low-coding and no-coding platforms. Today, developing apps in real time is possible quickly and easily, and here you don’t even require a well-experienced developer. No Kidding at all! These software development trends assist well in speeding up such procedures, reducing costs and making app development highly accessible as well as seamless.
Moreover, low-code ensures completely visual customisation of code; you don’t need to program at all. Some of the core benefits of the following software development trend include:
- Ensuring a graphical AI user interface to develop apps amazingly.
- Here, you get a library of prebuilt components that can assist in speeding up application development to a great extent. You no longer have to keep developing code from scratch.
- You are able to lay out apps without writing complex code.
- Low-code platforms are generally easily integrated with existing systems.
Sustainable development practices
Last but certainly not least, you will find that several software development companies have begun to take green initiatives or sustainable development practices as one of the core aspects of their respective projects. In today’s times, businesses are willing to develop apps and systems that minimise energy use and carbon impact. Here are certain measures taken to conduct sustainable development practices.
Green coding standards - More and more development teams are asked to write leaner codes, make sure to get rid of unused dependencies, and optimise algorithms. For instance, with streaming platforms in the present times, you can compress media assets more efficiently. By doing so, you can save lots on energy costs.
Developing energy-efficient solutions - Offshore vendors usually have this tendency to deploy workloads within low-carbon data centres, and they try extremely hard to avoid any idle resources. Try considering autoscaling.
No wonder all these software development trends are slowly and steadily becoming a key buying factor. So what are you waiting for?
Final Words
Offshore software development is no longer a new concept or a fad; the concept is here to stay. To make it into a huge success, all you have to do is choose the right and most reliable partner who has the knack of offering the best possible outcomes for its valuable clientele residing overseas. Further below, I would like to mention some popular countries that have the most trustworthy and amazing outsourcing software development partners.
- Mexico
- India
- Argentina
- Ukraine
- Poland
- Phillippines
- Vietnam
Conducting a successful offshore development project won’t be so hard; all you need to do is have a better understanding first, and then proceed further. You see, such development projects are influenced by a wide range of laws and regulations that ensure compliance and absolute data protection. Some of the key regulations feature the General Data Protection Regulation (GDPR) so that data privacy and protection standards are not compromised at all. In addition, Intellectual property laws should also be considered here.
I hope you did find the following post worth taking into account. In case you have any kind of doubts or queries, feel free to mention them in the comment section below.
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