3 Best Countries for Outsourcing Software Development
In 2022, software development outsourcing is a dynamic market that continues to grow. For the past 5 years, the market has been on the rise from $88.9 billion in 2015 to the projected 98 billion in 2024. As you can see, software development outsourcing has become a proven time-saving and cost-optimization strategy to access a worldwide talent pool. A team of highly-skilled specialists will be a perfect match for both lean startups and experienced businesses. But how to find the best country to outsource software development to?
Yojji, a web development company with over 20 offshore projects completed, has conducted a thoughtful analysis and compiled the list of the best countries to collaborate with. Make use of this handy guide to choose the best option based on your goals and priorities.
What Does It Mean To Outsource Software Development?
Software development outsourcing is a common practice in almost every industry. Outsourcing means working with an external vendor who performs certain tasks or manages the entire development process. This cooperation allows a company to use its in-house resources more efficiently and speed up time-to-market. In the IT industry, different functions are usually delegated, but according to statistics, application development is one of the most frequently outsourced IT functions in 2021.
Why You Should Choose Outsourcing Software Development
Software development outsourcing has become extremely popular in recent years, and the Covid-19 situation accelerated the growth of this market. Why do companies choose to outsource certain functions? The main reason is the cost-effectiveness of this solution because reducing development costs opens up additional investment opportunities for other areas of business (marketing, human resources, office expansions, etc.). But what are other reasons? We’ve pointed them out below.
- Business skills and talents availability
Externalizing your software project is great for the digital transformation of your business or for automating certain processes. Usually, companies are limited by the location, skills, and experience of specialists. Therefore, cooperation with foreign specialists allows businesses to obtain various technologies and developers with great ad-hoc problem-solving skills and a lively interest in a product that are not available within their company.
- Business environment
The business environment can affect the quality and scale of a company. Besides, the business environment enhances greatly the efficiency of the product. Europe is one of the most popular outsourcing destinations because its business environment is active, modern, and competitive, so it is constantly evolving and improving.
Outsourcing allows increasing the speed of development, since the client-company provides the offshore agency with an idea, a stack of necessary technologies, and determines the scope of work. The agency, in its turn, forms a team in accordance with the customer’s requirements for the project and developers. Fast development speed allows businesses to quickly bring the product to market and beat the competition.
- Enough time for important business tasks
Hiring an offshore team reduces direct participation in the development of the project to a minimum. Therefore, a client can focus on other core business processes.
Top 3 Countries to Outsource Software Development
Choosing offshore software development is the right choice for those who want to get a top-notch product within the agreed time at a competitive price. When outsourcing a software development process tasks fully or partially, you have time for your top priorities.
We’ve rounded up the list of three countries that stand out among their competitors due to their excellent competency and the highest skill level so that working with dedicated developers becomes a real pleasure. You may wonder about the rates for your tech sourcing needs. Well, according to Accelerance, the rates in the top outsourcing countries we will analyze below are as follows:
However, competitive prices are not the only merit that these countries offer. Let’s take a closer look at what cards they’ve got up their sleeve.
India is one of the largest locations for outsourcing software development, and it has the fastest-growing software developer base, which makes this country an attractive choice for many companies worldwide. What does set India apart from other countries? A combination of low hourly rates and a wide array of programming languages Indian specialists work with is something that deserves businesses’ attention.
Ukraine is one of the biggest European talent pools that offer great quality and hourly rates. ]According to statistical analysis from HackerRank](https://www.codeinwp.com/blog/best-countries-to-outsource-software-development/), Ukrainian developers had an average score of 88.7% across all HackerRank challenges. The country ranks eleventh in the world, way ahead of the traditional coding giants, so it is home to many talented and skillful software developers (there are 200k+ certified software engineers in Ukraine). There are over three thousand IT providers that offer their services in education, health, fintech, and e-commerce domains. If your goal is to get a flexible team with the appropriate working culture, great coding, and communication skills, then Ukrainian IT clusters are the way to go.
Such international companies like Nokia, Samsung, Intel, and Motorola have R&D offices in Poland. Poland is a global powerhouse for 255,000 IT specialists with in-depth coding skills and affordable hourly rates.
As you can see, Ukraine is one of the most perspective countries to entrust the development of your product to, as this country has a modern business environment with highly qualified specialists who offer excellent flexibility in terms of technologies and rates. Yojji is one of the leading companies in the IT market that is ready to take on a project of any scope. Contact us to outsource your software development.
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