Introduction

Continuous tech innovation is the new trend for businesses now.

 The growth of technology and its increasing business needs has created a new era of digitalization. From developing world-class robust websites to creating personalized engaging apps, enterprises now have rolled out multiple versions of technologies that entice the end customers.

If your businesses choose to side-line tech innovation while your competitor doesn’t, then you are putting your business at high risk. In the global marketplace, it has become a known practice to use technology to achieve a competitive advantage.

But at the same time for a successful tech innovation strategy, you need to bring in a team of experienced professionals, and that too at an economical cost.

Here is where partnering with a good and reliable software development company saves your day.

In the present scenario, enterprises of all sizes and types outsource their technological requirements and their technology partners optimize business processes and maximize revenue.

Be it small or large companies today have shifted their interest to software development outsourcing as a solution for their software requirements. 

Million-dollar companies including Slack, Whatsapp, Unitech, Skype, and even Google invest in software outsourcing to accelerate their business in their initial days. Choosing a reliable software development partner is a challenging as well as a daunting task. There are many aspects you need to consider during the process to find the perfect fit for your company.

But, you don’t need to worry about that. In this guide, we’ll help you solve all your business problems and will look for the best software partner for you.

proto-1Why Do Companies Need A Software Development Partner?

As a business entrepreneur, it is highly crucial to choose the best software that will be able to run business processes and boost your sales.

Partnering with companies having great expertise is vital for your business growth. They have smart approaches, a skilled pool of talent, the latest tech expertise, and whatnot. All collective things when incorporated into your project will result in a great outcome.

Here are some reasons why most companies today need a reliable software development partner.

Budget Overruns

Companies often don’t have a pocket-friendly budget especially when it comes to startups, they have a very limited amount of funds to invest. To initiate the software development process, a big amount of investment is highly required. 

The software development process involves a myriad of tasks including identifying business requirements, software planning, design, software development, pre-marketing campaigns, post-launch marketing, cold outreach, social media campaigning, advertising, etc  All of them need great human efforts, time, and money to be successful while software development.

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At times software outsourcing companies can’t efficiently estimate the amount of work needed to create the software desire, which leads to overruns. Due to this, you might face the necessity to re-plan your budget once again to cover unexpectedly increased costs of development. In such cases, your smart planned strategy of reaching our targeted customers will not gather its full potential, and you might lose profits.

Constant Release Dates

One more reason for the startups to have immediate need of a software development partner is poor project management resulting in constant release delays. The development team often finishes the development work on time but waits for the last step release that has not been completed for quite some time.

 Imagine what we have in the development of MVPs. The MVP app works just fine, you receive feedback from the product’s initial users. But the developer delays the release date one after another.

It’s important to conduct software testing in the initial stages of software development. Bugs that weren’t debugged on time can increase costs and development time. The absence of an experienced QA team may have a negative impact on the software development process.

Delays On Project Completion Dates

The modern software industry is extremely competitive and running at a skyrocketing speed. Innovative ideas are brewing in young entrepreneurs’ minds and it’s only a matter of time before someone implements a product idea similar to yours. Hence, the faster you transform your idea into market-ready software, the more you’ll entice your target audience and occupy your market niche. But as we know uncertainty is everywhere. At times, there is no predictability in the software development process.

Software firms often provide software development services using cutting-edge technologies and too without having experience in that. The lack of skilled professionals and poor project management can lead to delays.

partnersLack Of Focus On The End Results

Some software companies invest all their efforts, important time, and hard-earned money in the development process. You will receive regular updates about features and functionalities implemented and further action plans of development. But, it won’t be able to judge if the software meets your expectations at a given moment. 

It is better to consider those software firms that use Agile methodology that guarantees a faster product launch. This flexible strategy helps to get quick user responses rather than long-term planning.

Poor Scaling Management

 To meet the multiple needs on time, the software outsourcing company will have to increase the developers and redistribute the old and new tasks among them.

Some developers don’t have enough resources, experience, or expertise to scale. For example, small companies may not have a sufficient number of professionals. Even if they have, there’s still the need for an experienced project manager who can efficiently prioritize features and scale properly. 

Selection Criteria

Choosing a good development partner for your software or app is not an easy cakewalk. It can sometimes be a tough and costly affair in the end if not performed smartly.

Let us now dig deep into the factors or criteria that you need to keep in mind while deciding on the right software development partner.

Company Structure

The size of a company is also one of the most important considerations while selecting the right software development partner. If a vendor is a big organization and works mostly with large enterprises, it might be possible that they pay less attention to your specific project. On the other hand, if the company is small, it may not have enough experience working on large-scale projects.

While choosing a partner whose team size is as similar to yours fits best. You would be treated like an important customer.

Also, before calling the company to have the initial discussion, it would be great to have a look at their previously completed projects and the entire portfolio.

Select the partner who owns a big talented team of specialists for all the phases of the software development cycle like business analysts, UI/UX designers, database experts, architects, etc. 

Work Methodology And Technologies Used

 What kind of methodologies and engagement models are used by your partner? Do they follow Agile/Scrum methodology? Are they developing solutions with the most trending technologies? How many expert professionals do they have in the team owning niche expertise?

The knowledge of agile development practises is a must for any software development company today.

As we know, the Agile development process provides numerous benefits over the now outdated waterfall development process. Agile will help you get your Minimum Viable Product (MVP) at the earliest & at the minimum cost. So, the knowledge of agile development practises is a must for any software development company today.

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Also, with MVP you will get the true potential of your idea by entering the market at the earliest & at minimum risk & investment.

Once your idea is validated by your targeted users, then you can easily scale up and add on extra features as per the user’s feedback and requirements. Implementing agile methodology is equally important to emphasize the importance of business flexibility.

When choosing a software development firm, make sure it is flexible enough to embrace the change as your business grows.

criteriaExpertise and Experience

Domain experience and Subject Matter Experts (SMEs) are very crucial in executing your ideas into robust solutions.

Before shaking hands with the software firm you shortlisted it’s crucial to have a close look at the work experience and the software expertise.

Having experience in a particular domain, expert professionals can provide you with a myriad of add-on solutions and exponentially improve the value of your software project. This will add value to your business. You can check the company’s experience in the industry on the Clutch or Good firms listings.  Also, you can easily view the profile and check how many projects the company has worked upon. What kind of solutions have they developed?

Keep checking if they have done projects for your domain. Moreover, the software development company should have rich experience in working with other reputed firms and remote teams using various communication channels and tools, such as Slack, Confluence, Jira, etc

The certifications that the developers have acquired would be an excellent way to ascertain the technical expertise of the developers. Software development is a rapidly evolving industry, hence the developers who are at the top of their game always put in efforts to acquire new skills.

Market Reputation and Presence

One of the best ways to hire a partner for software development is via recommendations and references.

If a software development company offers premium quality services, then it will have a great online presence on digital media.

While choosing a software development firm, you must visit popular review platforms such as Clutch, GoodFirms, AppFutura, to get some real customer feedback about different vendors. Also, consider Facebook and Google reviews. It will provide you with real insights into the company’s processes and service quality.

Also, take into consideration the most reputable industry awards that would help you choose the best software development company.

Moreover, check your client’s success by considering their testimonials.

Communication

Communication is considered an integral part of a system while software development. Usually, when businesses are on the lookout for a trusted software development company, their prime concern is regarding the company size, pricing models, expertise, industry experience and much more. 

But the element they certainly override is communication. Rarely do they mention communication? Here we bring this criterion to the forefront to highlight its weight to the overall project success.

Ineffective communication may encompass many aspects including insufficient English proficiency, the lack of emotional intelligence, cultural differences, etc.

Always ensure that there should not be any communication or understanding gap. So you should have a check on what will be the medium of communication and both of you have the quality infrastructure to support seamless communication.

Generally, most companies may have a good English speaking sales team, but their development team may not be good enough. So do not forget to speak to the project manager who’d be handling your project.

The communication process should be seamless and transfer your thoughts easily and fast.

Pricing Models

Pricing plays an important role in making the right decision of selecting a software partner. Most businesses today want a cost-effective software solution rather than the cheapest one.

Your project budget is determined by the engagement model you choose to implement.

There are usually two types of pricing models that many software outsourcing companies follow.

 Fixed Price model is also known as Predetermined Lump Sum project cost and Hourly model also known as Time and material.

1. Fixed Price model

 Fixed price model is often chosen when enterprises have clear and pre-defined goals and business requirements. In fixed pricing model, the business specifications, time and date of delivery and the project budget are fixed. The model is comparatively less flexible as compared to others. Also, managing risk is difficult in fixed pricing model.

Here the project costs is linked with well-defined and tangible project deliverables.

 2. T&M (time and material model)

In this model, an hourly rate is decided on a defined skill set and industry experience of the professionals. The software developers charge you for the number of hours that are invested in developing your project. The cost includes the cost of materials and third-party plug-ins which are required while developing your plan.

Flexibility and shorter time to market are the advantages that this model offers. By adopting Agile and Scrum software development methodologies, you can get continuous delivery of the software product.

Step-By-Step Process

Choosing the right partner is not an easy recipe, it includes a mix of many ingredients and a long process to get the right dish prepared.

It includes plenty of risks and a lot of research to be done. But a lot of questions often arise in the minds of emerging entrepreneurs that need to be answered?

Let’s take it to step by step.

Step1: Evaluate Your Software Project

Before initiating your search for software partners, it’s important to evaluate your software requirements first.

At first set clear goals and expectations for what you want your finished software to look like.

Frame the exact requirements and realistic expectations necessary to have for a successful project. To get a visual outlook of your project, make use of mock-ups and visual layouts of your software at this planning stage only.

Also, consider whether outsourcing is required for your project or not. Analyse the reasons why you need to outsource some or all of your project to a software development partner.

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Getting decided on the time frame for your project is also important.  

Once you get an idea of how much time you need to accomplish your project goals, you can then start breaking down your project into stages. 

It’s the project managers task to set out a general outline of how long each part of your software project should take to complete. Start collaborating with your software development partner to get the planning done seamlessly.

Step2: Check Software Companies On Different Platforms

Before choosing your software development partner, consider and compare all the platforms listing the best software development companies. Make sure to check the experience and the portfolio of the companies or individuals working on a project.

You want the most experienced partner you can find because with experience comes quality and less time needed to fulfil even the most complicated tasks. There are countless platforms to search for development companies to hire.

Websites: Websites like Clutch, UpWork, and Good firms make the process of finding a software development company or even a freelancer easier. You can easily sort them by sponsored ranking, but they can also find a ranking of companies based on Clutch rank, verified number of reviews, or alphabetical order.

Search Engines: Search engines like Google, Yahoo, Bing, etc will help you get all the pages related to the best software development companies.

Top 10 list: You can also find several blogs on company sites and on Medium that write about the top ‘10 software development companies’ and similar listicles.

Make sure you have researched well before making right decision of choosing a software development partner. Choose the company that transforms your idea into reality and that too seamlessly.

Step3: Consider Onshoring, Nearshoring, Hybrid and Offshoring

These 4 outsourcing models based on their work locations and each one having its advantages and disadvantages. Be it onshore, offshore, nearshore or hybrid, each of the models contributes to the software development process to make it run smoothly.

Onshoring: This outsourcing model facilitates enterprises to work with companies that are located in their own country. Its main advantage is that you can work with skilled teams in your own country and language.

However, the cost is significantly higher in this type of outsourcing as compared to others.

Offshoring: In a nutshell, offshore software development means hiring a team from outside the country or across the world to do the work remotely.

The main advantage here is that it is affordable to enterprises.

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Nearshoring: Nearshore software development is all about choosing one of the options between the two described above. The companies comes under this category are located in countries with similar time zones as yours.

Hybrid: Hybrid software development outsourcing is a mix of management done onsite (in your region), and actual development done abroad.

Here you can work with the management in your native language and in the same working hours, while they deal with developers abroad and handle time zone differences.

Step4: Make Communication Transparent And Seamless

When partnering with a new software partner always be as clear and precise about the desired expectations towards the project.

Find out the most communicative ones from the shortlisted.

Ask as many questions to them as you want. Companies that do not have good communication with the client will lead to the unsuccessful completion of software that doesn’t meet client needs.

Having constant communication with the developer helps in the faster development of the software.

If you decide to outsource your software development across the world, make sure that you can communicate fluently in English. Consider time zones and the time differences from both work locations.

Transparent and seamless communication from both sides helps developing software faster and efficiently.

Step5: Check Out Methodologies Used To Project Creation

Before making any decision on choosing a software development partner for your business, you should primarily know which development methodologies are currently working on and what else you want them to use. The most trending methodologies used today by most businesses are Agile and Waterfall.

The agile methodology involves dividing tasks into phases and continuously reassessing them after every sprint. On the contrary, the waterfall technique is all about performing core tasks separately, one after another. Make sure you choose the most suitable option for your company as it may also define your communication with your IT partner during your relationship.

Step6: Identify Technologies Or Frameworks Used

To be an expert professional in multiple fields requires an immense amount of knowledge and experience. That is why you should pay more attention to your future partner’s area of expertise and interest.

List down the programming languages and frameworks you will be using for your software project. Also, consider making a brief list describing to what extent they used them in your software project.

A software development company’s home page includes a bunch of logos of different technologies, like RoR, PHP, Node.js, .Net, and many more.

But when it comes to technology, usually the fewer the better.

If you want to develop a front-end interface in React, find a company specialized in working with React framework.

Step7: Compare Potential Vendors And Shortlist Them

Now, it’s time to Identify a list of vendors readily available in the market to help you achieve your business goals. Compare potential vendors and shortlist the ones that match your business requirements and can fulfil your testing goals.

At this point, you should have a firm understanding of what are your business requirements and the kind of result you want. Once you have a clear picture of this, start comparing selected companies and shortlisting them based on their industry experience, software capabilities, tech expertise, niche skillset, project costs and timeline, engagement costs, work approaches, market reputation and much more.

Choose a software development company that satisfies most of your requirements or maybe all. It should provide flexibility to your project and have crystal clear communication with all team members. The pricing measures should also be considered before making any decision.

Step8: Interviewing The Software Partner Candidates

Partnering with a software development company is not just working together, it is something more than that. Get every detail of the team working for you and check if there is sufficient compatibility between the two.

3545798Now it’s time to start discussions with your chosen development partners. At this stage, both parties ask questions from each other and this will likely be an interactive and engaging process.

Step9: Hire The Right Software Development Partner

Now it’s time to have a final call after analyzing, comparing, and assessing the different potential vendors from your list. Hire the one that satisfies every criterion that is important to your business.

Partnering with a software firm or developer who is flexible and affordable empowers you to accelerate development with minimized costs.  Now, all you have left is to prepare the contracts to be signed.

Keep consistent and regular contact with your outsourcing partner after signing a contract, and use your timeline to decide when to start the project.

You could potentially have a long-term partner by now who helps you boost business sales.

 

Quick Tips

Like any other business, a software development partner is a combination of talented minds within its organization with a good business strategy. However understanding, locating, and leveraging those external partners is not an easy task - specifically when it is your first time.

So, how do you choose a trustworthy software development partner with whom you believe can collaborate successfully?

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We have come up with 5 quick tips for you to choose the right technology partner for your business.

Never Rush Through RFPs, Research Early

It’s better to take sufficient time to understand more about your potential partner. You have all the right to know almost everything about who you’ll be working with. Their work approaches, industry experience, methodologies used and their experiences in software development.

So, be smart enough and never rush through RFPs (Request for Proposals) and do not speed through the process.

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Rushing through RFPs can partner you with a firm that doesn’t match your needs and fulfil your requirements. Always remember, starting a project with the right partner a little later than planned is always better. Starting it early offers you great value-added service.

Start by creating a document containing specifications that will provide granular-level clarity to the technology partner. Break down every detail of the feature and functionality, workflow, user journey, and integrations in the product. This will be included in your RFP.

Transparency Is A Must

Your software development partner must be smart enough to effectively deal with unpredictable and critical scenarios. So, before selecting your partner,  first identify how accountable, transparent and proactive your potential partner is. Also, verify how it intends to overcome barriers during challenging times.

It’s important to have an open line of conversation with your partner. This includes clear information about goals, resources, and time management. It’s a mission for a technology partner to keep their customers updated at all times using regular status reports.

Miscommunications are a part of team-based projects and your partner must be equipped to handle them intelligently to accomplish goals.

Discuss What Value-Added Services Can It Offer

The next tip is to request access to your software development partner’s and their technical proficiencies. Check on their core competencies, ability to scale, and latest software knowledge. You can start by asking the development team key questions like:

  • Which are the tech stacks they’ve worked on?
  • What project management strategies can they implement?
  • How do they maintain code quality?

and so on....

A thorough discussion with the team members regarding these various aspects can help you with the selection process better. After getting clear answers to the above questions, you can go ahead with the hiring process.

Don't Get Tempted With Low Prices

The highest-priced and top technology partners often spent huge time on the project, with unnecessary involvement of team members. On the other hand, the lower end of the market often lacked the skill and technical ability to produce consistent software quality.

You need top-notch software, not a cheap one, so don’t be tempted by the low prices that some companies offer.

A professional knows better the value of their work and prices it accordingly. Your attempts to save some costs will lead to a situation where you receive a product that won’t bring any value to your business.

If your budget is not sufficient for ordering an application today, wait a month. Don’t ruin a good idea by poor implementation!

Picking the right software development partner is a completely different experience than shopping online. It is undoubtedly a complex and time taking process.

costfKeep Track Of Contract Negotiations

If you find the right software development firm with a low price for your project, you must raise an alarm. This often happens when a company is too eager to get a project. In such cases, never hesitate to go for a second bid to find a better one.

Make sure that you have the required space to adapt to unintended circumstances. Also, the contract you sign with your software partner must include the given aspects:

  • Clear project specifications
  • Intellectual property rights
  • Confidentiality details
  • Support service provisions
  • Unreal timelines
  • New software and version updates

This would help in eliminating disagreements during the software development cycle. And the result you get is a smooth collaborative journey.

So, keep a note of the above points before making any decision with your technology partner. Your partner should showcase proactiveness, accountability, transparency, and a positive mindset. The rest will fall in place.

Places To Find The Reliable Software Development Partner?

Well, before we dive into the process of analyzing what are necessary things required for a software development partner to have, let us check where you can find them easily.

So, if we take a broader look at the sources that you can harness to hire a development team, there are multiple options:

Google

Google-the giant search engine...is the first and foremost platform to find the best software development partners in the easiest way. You may not find the exact results here, but you need to explore several links available on the page.

When you look for software partners for app development on Google engine, you may end up getting some blog links. It will provide you with the real sources from where you can find the software partners.

 This platform also helps deliver optimal results by finding you the ideal software development company.

Clutch

Regardless of what your tech requirement is, Clutch. co is considered one of the best platforms with thousands of companies listed in its network. You can find companies for software development, mobile app development, web development, custom software development, and much more on the Clutch platform. One can easily sort companies by ranking, and verify the number of reviews.

Moreover, you can use several filters like location, hourly rate, software frameworks, programming languages on this platform. It is considered the most trusted platform to get the right partner.

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Top 10 Curated List

When exploring Google or even Clutch, you may come across hundreds of software development companies listed, which might confuse you. This is where lists filtered by different companies can come to your rescue. You can find several blogs showcased on company sites and on Medium that named the top ‘10 software development companies’. 

There are many websites, social media platforms, and other similar platforms where one can find such curated lists of 5, 10, 15 top software development companies. This list will provide you with real information about the companies without having any confusion.

Linkedin

LinkedIn is hands down the top professional networking platform where all professionals belonging to every field get connected. Every organization must have a LinkedIn company page where they have their employees, clients connected and sharing all professional news, company events, and much more.

 If you are searching for a custom software development company, you can simply search the same on LinkedIn search.

Just make a quick search “software development” and press enter. On the left section, select Companies under the dropdown. And you will get a list of software development companies right there. 

You can also filter information based on locations, industry, company size, and many more.

Linkedin helps you get several professionals working in reputed firms and also the best companies in any region.

Business Benefits

Software development is considered more complex and challenging when it comes to developing a top-notch, high-valued product that accelerates your business.

Businesses today need to understand the challenges and try to derive opportunities from them to deliver a better and robust solution to the end customers most efficiently.

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If you have decided to upgrade your software or build a new software solution, you have made the next step for the betterment of your business. However, the process is not yet finished. It has, in fact, just started, upgrades are necessary and you don’t need to be scared of it.

Initiate your process by identifying needs and choosing the right software house. There are many benefits you can enjoy with the right software development partner.

Flexible Team Capacity And High Scalability

In today’s competitive market, it’s hard and expensive to get the right experienced professionals at your door. Scaling your team capacity might be different for startups at times.

Joining hands with the right software development partner eliminates this challenge by providing the best professionals around the world and allowing companies to scale faster and in a more flexible way.

There might be a chance that the project scope will also change as the project progresses. It takes the efforts of the entire software team to spark and realize the software you are going to develop.

The team of professionals with each having a specific skill set including Architect, Project Manager, Product Manager, API Developer, App Developer, Designer, DevOps, Analyst and many more assist you in that.

It becomes extremely difficult to quickly find another team with the same skill set or hire individual professionals required for that project.

The scalability and flexibility of working professional teams are made possible with:

  • Experienced employees
  • Established channels of communication
  • Proven methods of work

Having an outsourced team helps you increase and decrease the resources you need according to peak times and slow periods. The team will remain familiar with the product as you push updates for maintenance.

High-Quality Standards Delivered

It is a very challenging and daunting task to place an entire in-house and remote team altogether to implement the development process. The niche skills required are scarce and change rapidly as projects vary and the business evolves.

With the rising fierce competition amongst software development companies, each software firm must continuously enhance software service quality in all aspects. Seamless communication is the key to delivering high-quality and precise service at the right time.

A reliable and scalable software development partner can cover many of those aspects and be flexible in satisfying the customers’ demands.

Moreover, adding offshore developers to the team can be a great opportunity to upgrade development processes, introduce new work processes and methodologies, and increase quality standards.

The battleground for software development is even riskier now for businesses. And each one of us is striving hard to offer the best with great intent to the customers out there.

Investing New Opportunities To Innovate

Not only it benefits you with the definite cost advantage associated with it, but also provides enormous opportunities to develop new markets.

Software development companies today are dealing with different projects, from different clients, in different industries on an everyday basis. This generates a favourable context for innovation since the skilled development teams across the world have unique compelling ideas, and solutions interchanged from one project to the other.

At the same time, it helps you generate a flexible and open mindset which fosters creativity and innovation.

The right technology partner can predict if your final product is market-ready or not. It can help you understand if the product fulfils the end-customer needs for which it was designed and also helps in identifying the gaps.

Given their experience in software product development, your partner can innovate from your end and also identify ways in which your product can be a way better and even future-ready.

Helps Mitigate Risks

Risk management in software development is usually underrated and overlooked.

Businesses need to ensure that they might mitigate risks of various kinds while software development. Security, regulatory, and compliance regulations are now a prime concern for startups when it comes to data breaches.

There is the involvement of two parties in the project outcome when partnering with a software development partner. This dual responsibility of the two business firms strengthens project controls as both parties discuss and agree on scope, estimates, implementation, and deliverables.

Also, collaborating with a tech-savvy software partner helps you set the right expectations from the initial stage.  It greatly helps in improving the project’s chances of success.

You can get the experience advantage that helps you mitigate the risks involved and navigate challenges with ease and assurance.

Access To Top-Notch Experts

Searching for a talented pool of software developers for your next project is a daunting task. When it comes to the development of complex projects, custom software development is highly required.

Joining hands with a software development partner provides you access to a diverse team of talented software professionals, which means multiple inputs incorporate their maximum efforts into the business strategy that works best for you.

A good team consisting of well-versed professionals in their niche fields is a crucial requirement for the development of a successful project. The problem rolls out when one is not able to afford and recruit skilled professionals.

Also, the cost of hiring, screening, and the entire recruiting process for eligible specialists is high and time-consuming.

But for you, it may be easy and affordable if you partnered with the right software development company that guarantees to deliver certified professionals having rich expertise.

finalteamCan Easily Make Right Technology Choices

As we know very well, businesses and technologies today are evolving at skyrocketing speed.

To succeed in the market, you need extraordinary talent along with the trending technologies skill set. You may struggle to transform your idea into a market-ready product if you don’t have the right technology in place.

A trusted software partner with rich industry experience and a good track record can help the team scale and build cutting-edge software using trending technologies.

The diverse team can help you not only make the right technology choices that fit best with your product but will assist you in identifying ways to make the product under development more robust, scalable and feature-rich.

Having a pool of technology experts provides great value to your business. With access to tech experts, businesses can be sure that they make the best technology choice and not just go by the latest trend.

Inside Stories

Henry David Thoreau rightly said that “Success usually comes to those who are too busy to be looking for it."

And hence these startups have proved it right and turned their small business into a million-dollar business.

The most successful startups never had it great when they actually initiated at first. In fact, for most of them, the startup product looked entirely different serving a different need in the market.

Let’s discuss some of the inside stories of the million-dollar companies that used Software outsourcing as a great enabler and made it a super tool to reach the zenith success. These inspiring stories help new-aged entrepreneurs to make the right decisions at the right time and in the most efficient way.

Whatsapp

Two close friends and colleagues Jan Koum and Brian Acton frustrated working in Yahoo with the idea of having bulk advertisements on pages.  After leaving Yahoo in 2007, they then started the startup with few funds left with them and were determined to save costs. This time they didn’t want to compromise on quality in any case. 

After facing a lot of highs and lows, they launched WhatsApp in the year 2009, with a clear vision of serving the best services that do not have any advertising.

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So, they decided to outsource their web development to skilled professional app developers located in Russia. It helps them minimize operational costs as well as a large pool of highly skilled and talented developers that might be much costlier to find locally. Years after, the company witnessed huge success and today WhatsApp is the third most downloaded Android app in the world with the number of users to reach 25.6 million by 2021.

Slack

Slack believed in being “Be Less Busy,” but in the initial two years of Slack, the company was very busy growing the business in every aspect.

Slack is an instant messaging platform that evolved to replace the email system and get a better and faster way of communication. Its workspaces permit slack users to make communication seamless through multiple channels available for group discussions or private chat rooms for one-to-one messages or file sharing.

Slack decided to outsource their logo creation, the marketing website design, and a few parts of software needed for web and mobile development. The work done by an outsourcing firm based in Canada.

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Slack’s strategic decision to hire a company offshore is clear evidence of how outsourcing is done at the initial stage in case of product development can turn into a great success.

In the present scenario, Slack is used by more than 10 million daily active users and earns 401 million USD revenue in 2019.

Unilever

A British-Dutch fast-moving consumer goods (FMCG) company, Unilever founded by the lever brothers engaged in selling household products including cleaning detergents, food, beverages, water purifiers, personal care products, and other fast-moving consumer goods. 

When dealing with hundreds of brands all over the world, Unilever still chooses to outsource its software development to an outsourcing firm. 

And the result was a great success with impeded growth, irrespective of having different finance and accounting processes.

According to Statista, In 2018, the Unilever brand was valued at approximately 4.4 billion U.S. dollars. This outsourcing contributed to the company’s EUR700 million annual savings.

Github

GitHub a popular hosting platform for software development and a subsidiary of Microsoft. It provides distributed version control and source code management (SCM) functionality of Git in addition to its built-in features. 

The backend codes of GitHub are written by an outsourcing firm, which later became the company’s CIO. Chris Wanstrath, the co-founder and CEO of GitHub, realized that Scott Chacon, a man from San Francisco, had an incredible and in-depth understanding of Gits.

Initially, the founders of GitHub didn’t have the sufficient funds to hire Scott. So, they decided to outsource the MVP development

Today, GitHub has crossed 40m+ developers and has 44m+ repositories created in the last year. Overall Github has hosted 100 million+ repositories, in total. 

Alibaba

When discussing outsourcing, many of us often think that outsourcing is only to countries like India or China from the United States. But, that‘s not always the case!

Alibaba, the E-commerce giant proved it all wrong. It sets a clear example that outsourcing is for everyone even the countries leading the world have companies outsource their chunks of development parts to other small countries.

Years back, Alibaba.com started as a small Internet company, and now it has developed into one of the world’s biggest global E-commerce websites.

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Jack Ma, founder of Alibaba outsourced web development to a U.S. firm in its initial days. Due to the scarcity of skilled talent in his own country, he decided to hire web developers from the U.S. 

Presently, the company still relies on outsourcing partners for production, but they’re mainly located in China.

According to Investopedia, the company's businesses account for more than half of all e-commerce sales in China. But, Jack Ma too, initially did outsource software development.

 In Jack Ma’s autobiography, “Alibaba: The Inside Story Behind Jack Ma and the Creation of the World's Biggest Online Marketplace”, he discussed how the company decided to start outsourcing as early as 1999 by hiring remote developers from the United States.

Google

The tech giant, Google sets a great example of performing excellent business operations. The platform Google and its Google products are just awesome to explore.

Google’s outsourcing strategy depicts that even the world’s largest team of 89,000 developers need the perspectives and suggestions coming from outside.

Moreover, Google outsourced work to talented developers across the world is not because they have a lack of expertise in-house.  This is because lower costs keep investors happy and the in-house team gained more time now to focus on their core work.

However, even one of the largest companies Google outsources its work to remote employees.

Google’s strategy clearly states that it all depends on the type of business and the business requirements, whether you need outsourcing or not, what all are your priorities and your budget.

Key Takeaways

  1. As technology driving everything from purchases to sales, developing technical capabilities has become a business imperative.

  2. A specialized and reliable software development partner can offer great technical expertise as well as extensive operational proficiency to develop a top-notch model.

  3. Software companies today are relying more on technological innovation to deliver high value to clients.

  4. Partnering with a reliable software development company brings you top-notch talent, trending technologies, and end-to-end solutions to accelerate your business growth.

  5. When choosing a software development firm, make sure it is flexible enough to embrace the change as your business grows.

  6. Software Development Company should be able to adapt to your plans and strategies quickly and scale easily as your business evolves.

  7. Custom software development favoured among businesses and corporates, as it offers flexibility and adaptability to the dynamic market system.

 

Conduct RapidFire Round With Potential Partner 

finalquestion1Here is listed down some questions to ask the potential software partners:

  • How do you communicate with your clients?

  • How many projects have you handled so far?

  • How do you estimate the cost of the software development process?

  • What makes you different from others?

  • What are the tools you use while project management?

  • What is your team size and experience?

  • How will I get updates about my project?

  • What will you do if an experienced team member leaves the project in between?

  • Have you sign an NDA contract with your partner?

Ending Note

We hope you now have a clear idea of how a reliable and scalable software development partner can help thrive your business. Well, if you have an app or software idea and you want to execute, we at Classic Informatics have all that you need. At Classic Informatics, we have over 18 years of experience in the domain of information technology.

Our experienced professional team helps in handling every little aspect of the development process with ease.

As a software development company, we have assisted hundreds and thousands of startups, enterprises, CTOs, and organizations of all scales to build their software and move ahead in their journey to digitally transform. Whether their objective was to save costs, develop a state of the art software, or speed up the development, we have proven our expertise and garnered a lot of applause. 

To be precise, we keep a close oversight over everything that we do and make sure that you get the best of the best solution at your price.

By partnering with our software development team, you can infuse your project with a talented workforce, high-quality codes, and seedy development.

Imagecredit: Freepik

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kanika

Written by Kanika Gupta

Kanika Gupta, a professional tech writer works as a content writer in Classic Informatics, a leading web development company . She loves to write master tech pieces and let readers connect with it fluently.