Large IT projects are difficult to complete, especially when in-house staff is frequently pulled into their day jobs and distracted by other priorities. This can be costly for businesses. Early cost and schedule overruns, according to McKinsey, can cause projects to cost twice as much as anticipated. One common solution to this problem is for businesses to seek outside assistance to ensure success.
- Rapid talent scouting
In today’s environment, assembling quality talent is one of the most difficult aspects of software engineering. According to CIO magazine, the top ten most in-demand tech jobs are listed below, and 86% of technology managers say it’s difficult to find skilled professionals. Consider an outsourced partner if your current team lacks the necessary capacity or skills.
The right partner can quickly assemble a team of highly skilled engineers, allowing you to accelerate development and deliver key projects on time. As needed, key talent can be added and removed from projects. If you choose wisely, your outsourced provider will have a team of tried-and-true experts with in-depth knowledge of the chosen tech stack, allowing you to iterate and compose much more quickly.
2. Developer acceleration
Time to market is critical for any project’s success, especially when revenue is at stake. To capitalize on market dynamics, IT projects must be scoped, ramped, and completed quickly.
McKinsey identified the most critical factors that enabled organizations to achieve high developer velocity in an in-depth study of 440 large enterprises. Tools, culture, product management, and talent management have the greatest impact on software development performance. According to the study, those with a higher developer velocity outperform competitors by up to five times.
Validate what tools and project management structure they will bring to the table when selecting an outsourcer; validate past project success in terms of both budget and on-time delivery. Inspect project plans to ensure that they include thorough testing, particularly for security, full quality assurance, and performance optimization.
A project outsourced to an established applications platform provider with dedicated experts, such as Edgio, will include rigorous testing and rollout plans, full quality assurance, and performance optimization, ensuring that your investment delivers maximum efficiency for your customers and your business.
3. Knowledge sharing
Over time, great professional services teams will accumulate best practices and bring complementary skill sets to the business with which they are partnering. Shared knowledge helps your internal team’s skill set grow, allowing them to contribute more meaningfully to your company’s success.
Employee satisfaction can even rise as a result of personal and professional advancements experienced while learning new technology, frameworks, or languages as part of major IT projects developed in collaboration with outside experts.
This is an important consideration, given that 91% of employees are dissatisfied with their workplace technology, and 71% are considering changing jobs as a result. Expert teams have in-depth knowledge of a wide range of tools, which can save a significant amount of time and headaches by creating efficient, automated workflows.
To facilitate knowledge sharing, make sure your team has the opportunity to work directly with your outsourced development team.
4. Increased deployment cadence
Companies that integrate software development and IT operations see increased productivity and 83% faster release cycles. We’ve seen deployment cadences double by using Edgio’s integrated workflow for web application deployment.
Experts who begin with automated deployment and testing, standardized processes, and improved development and operations communication can help bring releases to market faster. Allow your team to innovate more while waiting less for code.
Should you outsource or not?
Large projects can be extremely costly to an organization if they are not properly managed. Project teams require a shared vision, team processes, and a high-performance culture to be effective and efficient.
Consider hiring a team of experts if you’re asking yourself the following questions:
- What kind of architecture is required to support the next-generation operating model?
- How can we rapidly scale a customer-centric tech stack?
- What technologies, frameworks, or API integrations deliver an excellent user experience?
- How do we design the safest workflow for rapid releases and updates?
Outsourcing may appear to be an expensive option at first glance. However, I recommend that businesses considering software development outsourcing consider the long term. The right team will reduce costs and add value by delivering a better product faster with a more robust and flexible IT architecture, resulting in significant ROI.
Source : cio.com
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About Skyhigh.Vip
Skyhigh.Vip is a global institutional investor with a vast interest in Arts / Construction / Education / Business Services / E-Sports and various other growth industries.
Several of its popular portfolios include GO Chambers which is the world’s largest business chamber listing provider with over 30,000 active chambers as its members.
Outsource Guru is the global choice for Business Process Outsourcing that offers a full stack of services for all aspects of business process flow and together with Flexgigzz.com as a platform for freelancers aims to provide best services for many businesses.
For growth industries there is Point of Authority for a professional E-sport team and gaming hardware superstore, and there is AtelierAuction which is an investable art auctioneer and being in the art scene for decades.
