Businesses who rely on software or want to create software to help them run their operations often make the mistake of thinking they can save money by sending a software creation project overseas for development, usually with the promise of a very low price. Too often those businesses learn that if it seems to good to be true….
There are certainly plenty of valid reasons why companies often need to look outside their own four walls for help. Perhaps their current staff is too busy to take on a project of adding a new module to their software; maybe the change has to be from one software language or format to an entirely different one; possibly the business has no real software development team and needs to find a resource to do it for them. Software Development Outsourcing is often the answer, IF you do it the right way.
What do You Mean by Outsourcing?
Outsourcing is simply the practice of having certain job functions done outside a company instead of using in-house staff and employees to complete them; functions can be outsourced to either a third-party company or even in small projects to an individual. Outsourcing allows projects to be completed without having the long term costs of having extra personnel, equipment and even space added onto the annual budget.
What is In-House Developed Software?
In-house software is a software that is produced by a business entity for purpose of using it within the organization. In-house software however may later become available for commercial use upon sole discretion of the developing organization. The need to develop such software may come from any number circumstances which may include non-availability of the software in the market, potentiality or ability of the corporation to develop such software or to customize a software based on the corporate organization’s need.