Nearshoring is an outsourcing strategy that allows organizations to seek software development partners geographically near their location. Savvy developers are hard to find and hard to afford. However, nearshoring a software development team is cost-effective for start-ups and growing tech companies to build or expand their development workforce. This outsourcing strategy offers remarkable benefits such as;
1. Save time
A dedicated nearshoring software development team can begin coding within a few hours or a day. That means you won’t waste time and other resources recruiting and evaluating candidates. Competent developers (depending on the nature of your project) will be chosen for you by the organization offering nearshore services from their specialists.
2. Cost optimization
Most organizations have sunk costs with their commercial real estate and maybe try to recoup losses while financing their software development projects. Nearshoring can help reduce costs considerably, saving you financial resources for business-critical tasks. That means working with a remote developer team allows you to cut down on-premise overheads.
Nearshoring is an excellent option if you need a perfect balance between cost and quality. Though it can be slightly expensive than offshoring, you have a chance of achieving better results owing to the heightened control over the development process.
3. Improved collaboration in the software development process
The proximity of locations minimizes language barriers and cultural differences, resulting in significant offshoring software development team issues. In-house developers and nearshored teams can successfully collaborate to achieve flexibility, engagement, and innovation required for the agile software development approach.
4. Competitive edge
Nearshoring software development teams introduce processes and ideas that spark disruptive outsourcing. This is an outsourcing model that extends beyond performance improvement and cost savings to creating innovation and addressing technical challenges for an advantage over your competition.
5. Intellectual Property (IP) protection
Intellectual property protection is critical if you are building a software application with proprietary functions. Unfortunately, most IP laws in Asian and European countries may differ from those in nearshore counties within the United States. If you plan to protect your IP rights while outsourcing, nearshoring a team of developers is a suitable option because you already know how those rights are being secured.
Nearshoring a software development team helps companies achieve more significant economies of scale and specialization. You can enjoy better control over the development process, convenient access to top talent, save time, and other benefits of nearshoring.
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