Should You Outsource Software Development OR Hire In-house Resources?
As the tech company owner, one of the most challenging calls to make is whether to outsource software development or hire in-house developers? Choosing one largely depends on budget, expertise, communication, timescale, etc. We’ve put together an infographic to help you make an informed decision that will quickly sort your confusion.
Gathering and maintaining in-house developers costs a lot of money. If you have limited funds and don’t intend to allocate a fixed budget to developing software, go for software development outsourcing. Working together with an external service provider is less expensive.
On the other hand, if you’re ready to allocate a permanent budget every year to hire a wide range of top IT specialists, opt for increasing in-house capabilities.
Suppose developing a software application is not your core business, and you don’t want to decline a project or lose a client. In that case, it’s better to allocate such a project to external specialists like software outsourcing companies. It is always a good idea not to invest in hiring in-house developers for temporary or less significant requirements.
If you can’t find the right tech talent in your city to fill the demanding job role, then it’s better to engage a reliable outsourcing vendor to get the job done. But, if you’re confident that you can find the right talent in your city (and have a budget), hire in-house.
Flexibility to Scale
Outsourcing allows for easy scaling (up or down) of outsourced teams to address project requirements. You can’t achieve this level of flexibility with in-house resources. Hiring new developers takes time, and firing existing ones could ruin your reputation.
Take a look at this infographic to make an informed choice