Benefits of offshore product development
Navigating Offshore Product Development in the COVID-19 Era
In the wake of COVID-19, the IT industry has proven remarkably resilient, adapting to remote work and embracing offshore project management like never before. As many companies transition from in-house management to offshore product development (OPD), they discover significant advantages that can enhance their business operations.
With over two decades of industry experience, 1Point1 has established itself as a leading offshore software and product development company, serving clients globally. In this blog, we’ll explore key factors to consider when evaluating the benefits of outsourced product development.
1. Values and Vision
Finding the right offshore IT partner is crucial. Not all partners will align with your company’s vision and goals. Establishing a partnership with a provider that understands your objectives and appreciates your corporate culture is essential.
Effective communication is vital, especially when working remotely. You may be collaborating with a partner located on the other side of the globe, making it imperative to clearly translate your vision and concepts into actionable outcomes. This is particularly important in projects like Intranet portal software development, where understanding business needs is key to success.
2. Domain & Technology Expertise
While communication is important, the expertise of your partner is equally critical. Look for a company with a proven track record in your industry. Teaching a development partner about your company is manageable, but educating them about an entire industry can be overwhelming.
A technology partner with relevant experience can significantly streamline the process. Their familiarity with your business sector allows for a quicker alignment on objectives and facilitates the incorporation of UX design services within the product deployment timeline. Less time spent on onboarding means more time focused on achieving your business goals.
3. Time-to-Market
In today’s fast-paced business environment, time is of the essence. Decision-makers continuously seek to enhance productivity and optimize development processes to accelerate the time-to-market for their digital products.
Partnering with a reputable custom software development company like 1Point1 allows you to leverage the expertise of technology professionals, effectively speeding up the development process. While cost savings are often highlighted, it’s equally important to note the time savings for your internal team. By outsourcing development tasks, you can keep your personnel focused on essential responsibilities and strategic projects without the disruption of resource shuffling.
Maximizing Control and Efficiency
Whether you choose to outsource the entirety of your development or just specific components, offshore product co-development enables you to maintain control over the project while benefiting from external expertise. You can save both time and money, allowing your internal team to concentrate on what matters most—serving your customers and advancing your business.