The one fact about the list of software development outsourcing trends is that each point leads to the question - ‘to adopt or not to adopt’. Explaining the current trends & sharing BinaryFolks’ take on the emerging advancements right ahead!

While outsourcing software development has been there as a somewhat-adapted concept worldwide for quite a few years now, it has become the new normal lately in this pandemic era. Like any other concept that manages to make its mark in the ever-evolving tech world, software outsourcing, too has successfully hit the contemporary sweet spot in terms of cost-effectiveness, highest productivity and minimized errors. 
 

Whatever your reason for outsourcing software requests may be, starting off by checking out the industry giants’ outsourcing success stories is a good starting point (motivation, check !). On that note, you’re about to get filtered insights on such great decisions that the biggies dared to take. Details ahead!

According to Statista, the market size of the outsourcing industry has been outstretched from $45.6 B in 2000 to $85.6 B in 2018. This shows how business, both enterprise level as well as startups are embracing the idea of outsourcing software development. 

An increasing no of enterprises and startups consider India as a primary destination for software outsourcing. Outsourcing software development to India means lower costs, higher software quality, no communication barriers, and a huge talent pool. We, in this article, mention 5 reasons why India is the leading country for software development outsourcing.

Software is the core of any business! Whether an enterprise or a startup, no business can prosper without software. And software development can go two ways - in house development or software outsourcing! We, in this article, compare in house vs outsourcing and detail out when to choose what.

As recent stats show, the demand for hiring offshore software developers is on a rise as more and more businesses reap advantage from software outsourcing. But, stats also show that outsourcing fails too! So, in this volatile industry, how do you make sure that you successfully outsource software development? You will find the answer to this question in our article.

McKinsey found that 66% of Enterprise Software Projects Have Cost Overruns! We are officially an industry that is terrible in software development time estimation. 

“Software outsourcing has risks of its own. One has to look out for red signals to remove barriers to successful software outsourcing.” Outsourcing software development is a global trend. And this trend is here to stay. According to the GSA report, 70% of buyers plan to increase their use of outsourcing, with 35% planning to significantly.

Software development outsourcing is the new normal. If your company’s growth is software dependent and your internal IT team has too many things on their plates, you should think of outsourcing your software development. We in this article walk through the benefits of outsourcing software development and an eight-pointer list of why outsourcing software to an offshore company still works!