In a world where technology rules and market velocity is king, even startups have to hit the ground running for success. However, you know that developing a great technology product is almost like climbing a mountain. Just like you need an expert guide when you scale a mountain, an expert guide can support you on the arduous uphill climb to product success too. Today startups have the option to work with an offshore development partner for their software development.
So, why should you outsource to an offshore development partner? The traditional argument has been that such outsourcing gives a fledgling startup the bandwidth to focus on activities such as getting their sales cycles moving and identifying new business opportunities while the outsourcing company does the software heavy lifting. However, to put your startup on a winning growth trajectory, instead of looking at a vendor, you should ideally look for an outsourcing partner…one who has the capability to help you beyond coding.
So what are the things that a development partner can help you with? For sure, coding is one of them. Let’s take a look at a few others.
- Assist in Making Correct Technology Choices:
To succeed in the market today, you need specialized technical expertise. You might have the right idea but without the right technology in place, you may struggle to translate your vision into action.
A development partner can actually be your technology visionary. They 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 and feature rich. A tech outsourcing partner will have a pool of technology experts and access to this valuable resource pool can prove to be of great value to your startup. With access to tech experts, startups can be sure that they make the best technology choice and not just go by the latest trend.
- Innovate on Your Behalf:
Yes, a startup almost always has a clear picture of what their end product should look like. But what if it could be better? A technology partner can give you an early proof of concept to help you assess if your final product is market ready or not. They can help you understand if the product fulfills the needs it was designed for and if not, help in identifying the gaps. Given their experience in software product development, your partner can innovate on your behalf and also identify ways in which your product can be better and even future ready.
- Assist in Developing New Opportunities:
Outsourcing has a definite cost advantage associated with it, but it also gives startups an opportunity to develop new markets. Having been a part of the technology circuit, a technology outsourcing partner can help a startup identify new need gaps and new market opportunities. They can help the startup identify new ways of making the product viable for a new market. For example, the startup might be interested in developing a mobile app for a specific demographic, but perhaps they could increase their market acceptance by deploying a progressive web app.
- Mitigate Risks and Navigate the Regulatory Landscape:
Startups also need to ensure that they mitigate risks of various kinds. Security, regulatory, and compliance regulations are now a top concern for startups in the face of data breaches and the associated consumer anxiety regarding these breaches. Startups need to be more well-versed in areas such as data protection laws and applications security. They also have to be nimble to adjust fast to ensure compliance with changing regulatory and operational requirements. An outsourced development partner gives you the experience advantage and helps you navigate these challenges with ease and assurance.
- Assist in Team Scaling:
Working with a partner gives your startup the capability to scale your team up, or down, faster. Finding great programmers with the right skills, in the right quantity, at just the right time, in today’s competitive market can be hard and expensive. At the same time, a start-up might need to scale down as well at times. With a strong outsourcing company, you do not need to worry about the emotional and logistical problems associated with scaling down. You can gain access to rock star developers on demand, and you can focus on developing a product that you want.
According to IT Outsourcing Statistics, application development is the most frequently outsourced function with 37% of organizations outsourcing this function already. By working with a software development partner, startups, like yours, not only gain the coding advantage from programming experts but can also gain other advantages that will help them go-to-market faster with a product that will win the market.