The increasing trend of offshore development is creating a plethora of new dimensions for businesses all over the world. Be it small or big, most of the entrepreneur’s are planning to set up a virtual IT office & enjoy the benefits of outsourcing.
And, why not? Outsourcing comes along with a long list of benefits!
Benefits of Outsourcing:
- Reduced Cost of Development.
- Extra Savings in Terms of Infrastructure (hardware & software).
- Less Salary of Developers with Same Expertise.
- Access to World-Class Professionals.
- Provides Flexibility in Terms of Staff.
- Increased Focus on Core Business Activities.
- Ability to Run your Business 24*7.
In short, outsourcing helps you to set up your office in an offshore country, without even spending a single penny on the infrastructure. In addition to a virtual IT office, it allows you to own a dedicated development team at a very reasonable cost.
And when it comes to IT Outsourcing, India emerges as the favorite destination for companies in the USA, UK, Canada, and Europe. Moreover, the statistics show that the virtual offices in India are growing at a rate of 21 – 25% annually. Hence, it won’t be wrong to say that the virtual office is a trend which is here to stay & reconstructing the way of carrying out businesses.
Based on the forecast of employment trends conducted by the World Economic Forum, virtual teams & co-working spaces are a few biggest drivers for the transformation of the business models in many industries.
Therefore, you must incorporate the trend of offshore development in your business to pave new avenues of success. Wondering how can you get hold of a virtual IT office in India? Well, it doesn’t involve any rocket science.
Benefits to Set Up a Virtual IT Office in India:
A top-notch IT outsourcing provider in India can be your one-stop destination. Apart from giving you access to the world-class infrastructure, a reliable outsourcing partner will make sure to provide you a highly skilled & impeccable team of offshore developers. All you need to do is find out a trusted offshore development team & you are good to go!
1. Access to Dedicated Offshore Developers:
According to The Week Magazine, India has the fastest-growing software developer base globally. Currently, India houses 2.7 million software developers and it is soon going to touch the mark of 5 million. Therefore, a reliable outsourcing service provider works as a bridge between you & your offshore team.
It significantly results in the development of a more trustworthy relationship. Utilizing this valuable opportunity you get access to accountable and dedicated offshore developers induced with efficiency, good work ethics as well as professionalism.
2. More Value for Money:
Like mentioned earlier, companies in the USA, UK, Canada, and Europe, prefer outsourcing in India. And one of the important reason is the gap in salaries of developers in these countries in comparison to India developers.
An average Indian developer charge US$ 20-40/hour whereas the developers in the western & European countries with same experience costs around US$ 100-170/hour. It clearly depicts that an offshore development center in India will develop your website, mobile app or software at almost one-fifth of what it will cost in other countries.
No wonder the cost of Indian developers is reasonable in comparison to other countries. Yet they offer excellent service or sometimes go a step further and provide more than that. And, all these little savings goes a long way in helping you to reach new heights of success.
Recommended Read: Cost-Benefit Analysis of Outsourcing: India vs the USA
3. Extended Value-Added Services:
Apart than quality services, outsourcing in India can provide a few more value-added services. One of them is the time-zone difference. India is 9 hours and 30 minutes ahead of the USA. And utilizing this difference, you can:
- Deliver work faster (if your in-house & offshore team are working together).
- Round the clock services.
The best of all, offshore developers in India are easily available to adjust their time according to your time zone. So, if you want to hire a developer, available to work in your time zone, that’s not a problem.
Communication and socio-cultural compatibility are an important aspect to make a project successful. If you are outsourcing in a country where these two are the barries, you are making a mistake.
But when you outsource to India, your experience becomes blissful. After the USA, India is the second-largest English speaking country in the world. The technology-driven communication system along with a well-built and top-notch infrastructure doesn’t only enhance work flexibility but, also promote a seamless working environment.
From email, chats, telephones to video conferences and webinars, a well-equipped virtual IT office escalates the work productivity. In short, outsourcing in India becomes comfortable.
5. Government Support
India is a pro-player in terms of IT outsourcing for the last few decades. And support from the Indian government is a huge reason behind that. IT Industry is one of the largest sectors of the Indian economy. Moreover, it provides employment to a large chunk of software engineers in India.
As support, the Government has made the policies friendly. The tax laws, formalities, e-filling of documents are kept the minimum. Furthermore, cyber-security laws in India are strict, thus, will make your development journey in India smoother.
Recommended Read: India’s IT Sector – Growing Opportunities for Investment
Outsourcing is a great business strategy. But like any other decision, you should perform a thorough analysis. It will help you ensure that after excluding all the risk factors, outsourcing is still a cost-efficient solution.
If you have any queries or a project to discuss, don’t hesitate to contact us. Drop us your requirements at firstname.lastname@example.org and our team will get in touch with you shortly.