Originally written by Partner Content on Small Business
IT and software experts command high salaries in today’s competitive market, so only the largest companies can justify the cost of having permanent employees in this field.
Most people are not qualified to develop software at scale for their business, so outsourcing is the last remaining option to get your project completed on-time and without glitches. Outsourcing gives small and medium-sized organisations access to top talent when they need it, and at a lower cost than having a team of software developers on the payroll.
>See also: Five outsourcing trends for small businesses in 2019
Nearshoring vs. offshoring
According to the e-book, Your Essential Guide to Working With IT Companies, published by Euro IT powerhouse SoftwareHut; salaries outside the USA, UK, Australia, and Western Europe are much lower because of cheaper living costs. This salary difference is where most of the cost savings on outsourcing your software development project will come from.
Offshoring
You will find willing partners in every country you can name, so you need to make an early decision as to how far offshore will work best. Pay expectations will be lower the further from the USA and Western Europe you go.
However, lower costs are not