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# Tag: Outsourcing Software Development

Guide to Successful Software Development Outsourcing: Navigating Models, Processes and Partner Selection

In today's business world, outsourcing has become the go-to move for companies looking to lighten their workload by tapping into external talent. But navigating the world of software development outsourcing can be tricky, like finding your way through a maze. In this blog post, we'll explore different outsourcing models, lay out the processes involved, and share some tips on how to choose the right partners.
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Onshore, Nearshore, or Offshore – Which to Choose to Help You Achieve Business Goals

According to the report IT Outsourcing in Europe Market Overview 2023-2027, the outsourcing market is projected to grow at a Compound Annual Growth Rate (CAGR) of 5% meaning that a substantial increase in market growth is expected. If we look at the global market, it is noticeable that growth is driven by different factors in different areas. The European market is growing due to the readiness to amplify advanced technologies and the presence of numerous global IT companies. On the other side, there are government policies in countries, like in the case of Vietnam.
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The Power of Long-Term Partnerships in Software Development Outsourcing

Did you know that around 53% of European companies have difficulty finding IT professionals? Challenges in hiring skilled professionals was the initial reason many businesses sought to outsource. The worldwide IT outsourcing market was worth $66.52 billion in 2019. It is expected to grow to $395 billion by 2022 and surpass $585 billion by 2027. This expected growth indicates that the majority of businesses use IT outsourcing. Long-term collaborations in software development outsourcing could be a game-changer for companies looking to maximise their potential.
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Empowering Growth - Optimal Timing for Engaging External Software Development Partners

In a previous article, I wrote about the debate between developing software internally or relying on an external partner. By combining internal and external software development teams, companies can achieve balance, mitigate risks, leverage external expertise, foster knowledge sharing and strengthen their software development capabilities for growth and success. In this article, I will talk about the importance of the right timing for engaging external software development partners.
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The Value of Collaboration: How Working with an External Partner Strengthens Internal Software Development

Companies lacking experience in collaborating with external partners often contemplate whether they should initiate a cooperative relationship with a software development partner or continue exclusively expanding their software development capabilities through internal hiring. Developing software completely internally or completely with an external partner is not a good option. Based on our experience, the optimal approach is to have an internal software development department while strengthening it with the support of an external partner. This is especially important for high-growth companies.
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Software Outsourcing Process Step by Step

Software development outsourcing has grown in popularity in recent years for a variety of reasons, including a high-level skill set, time and cost-effective development, a greater emphasis on core company tasks, and so on. According to Statista, the worldwide IT outsourcing industry has already topped $92 billion, with the software development outsourcing industry contributing significantly. If you decide to outsource, before choosing a software development partner, familiarize yourself with the process of the software development outsourcing process itself, which consists of several steps.
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Software Development Outsourcing Models: Which one to use and when

Are you a company in the post pandemic period and are struggling to keep up with demand? Luckily, despite the increased challenges in 2022, there are many solutions to augment and extend your IT team immediately without the added costs and time to hire new employees. This article will outline how the fix cost, staff augmentation, and team extension models work and which model will best service your needs, especially as companies face the additional challenge of staffing shortages in this post pandemic period.
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Software Outsourcing as a Response to The Great Resignation 

After the Great Depression in the 1930s and the Great Recession in 2008, the year 2021 was characterized by the Great Resignation - a phenomenon that marked the business world through the second year of the pandemic. Given the global situation that has prevailed for two years, resignations among healthcare workers who are on the front lines of the pandemic did not come as a surprise. But where do software developers fit in?
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A Talk with Our Client – The Importance of Digitalization in the Hotel and Tourism Sector

In an interview with Mirko Gudelj, Vice President Business Technology at Protel hotelsoftware GmbH from Dortmund, Germany, we talked about the importance of digitalization in the hotel and tourism sector and what the advantages of its use in the race against the competition are.
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Preparations for Introducing the Euro in the Croatian Banking System

The target date for the entry of the Republic of Croatia into the Eurozone is still set to 1 January 2023. But while the start of 2023 is the first possible date of entry, some forecasts claim that not all the requirements will have been realized by then because preparation projects last up to 3 years, and 90% of the cost lies in IT system adjustments.
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