There are a growing number of IT projects where the need is always to reduce time, cost and money. The goal is always the same – reduce cost and improve operational efficiency. Some of you might have already been building an in-house team and, most likely, failed at it (perhaps miserably). It is undoubtedly a risky and expensive proposition. With an in-house team, you also have a risk of being left behind as you will not invest in innovation or next-gen technologies. The success of software projects hinge upon whether these projects are completed within the stipulated time and within a defined budget (or maybe lesser budget than assigned).
Companies often get stuck with the legacy systems that are outdated and slow down their systems once it gets obsolete. They might be satisfied once the IT system was developed but eventually it gets obsolete. In such scenarios, companies turn to offshore staffing companies. There are 2 delivery models that offshore companies offer – staff augmentation and project outsourcing.
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To decide the better delivery model, you need to understand what each one offers.
IT staff augmentation enables the company to add resources who are skilled and suitable for the company’s requirement at that time. They are employed with offshore staffing company and can work as your full-time additional employees till the time you require or till there’s a project requirement.
IT project outsourcing enables a company to outsource the entire software project to an offshore software development company. There might be a situation where only a part of the project is outsourced to a software outsourcing company. In both the scenarios, the complete responsibility will be that of the outsourcer.
It might be difficult to decide the better delivery model for your requirements. Your leadership needs to perform a cost benefit analysis to help you make the decision. You must consider a software services provider that has the experience and capability of providing both staff augmentation and IT project outsourcing. Find a software vendor who can deliver the desired results and has a team of industry’s best and certified IT professionals.