The infamous Seth Godin recently stated, "To succeed in a crowded marketplace, you need to choose a remarkable application development company. You need to find a company that does something that makes them stand out from the competition. You need to find a purple cow."
Software outsourcing has emerged as an established strategy for businesses to achieve their key objectives swiftly and cost-effectively. The approach has helped companies overcome geographical limitations by discovering strategic partners worldwide and gaining competitive advantages, and sometimes it takes a purple cow. Nonetheless, outsourcing has not been devoid of challenges for everyone. Instances of coworkers encountering subpar or disappointing results after outsourcing their projects to distant companies are prevalent, especially concerning technology-related projects where excellence is imperative. So, one may wonder if offshore software development carries inherent risks.
Offshore software development is akin to hiring a professional local contractor versus an unknown contractor from another country for a home renovation project. So, business collaborations must be approached prudently by partnering with established and reputable entities. Let's go in-depth to understand outsourcing software development offshore and how it helps gain a foothold in the business.