Top 6 Trends in Offshore Development Services Share: SISGAIN Date Published 27 August 2019 Categories Blog Reading Time 4-Minute Read Offshore development services are providing services to those areas where resources are scarcer or do not meet the needs of the company. In this era of technology, there are new advancements every day. The IT industry is thriving on the modern practices and latest emerging trends in the industry. Every software company is employing all of its resources in terms of capital, efforts and time to stay ahead of the competition. The number of software development companies are in the market is growing rapidly. It takes an abundance of resources to stay up to date and, keep up with the newest technologies and latest market trends. At present, companies have the option to obtain offshore development services and, stay ahead of the competition. Offshore development teams are equipped with highly skilled professionals with expert knowledge and who can competently deliver services. This approach is used to address time and cost limitations that software development companies may face. With the advent of time, It has become the most effective, affordable and practical solutions accessible to these companies. Advantages of Offshore Development Reduced Cost of Infrastructure and Salaries One of the main reasons for hiring an offshore team is to address the cost issues. It takes a lot of effort and cost to hire in-house developers who are skilled in the latest technologies. It is a cumbersome process including recruitment, supervision and other steps that cost too much to the company. An offshore development company reduces the workload and an affordable option. High-Quality Services The first and foremost requirement to hire offshore services is technical competency. You get skilled professionals with expertise with command on the latest and up to date technologies. The offshore developers are proficient in completing projects on time and as per the requirement of clients. Affordable Costs Attaining services from the offshore team can help you manage the cost of the development of projects and helps you to employ on core activities. It will help you shift focus from the ancillary activities to the core activities. Latest Trends To achieve maximum efficiency and remain versed with the current market needs an offshore developer needs to have knowledge of the latest trends in the industry. It is essential for both the enterprises and the developers to remain informed about upcoming trends. Enhanced Data Security Data analytics and data security are the major trends in technology. It is the prominent concern of offshore companies. In the upcoming future, the enterprise will look towards enhanced data security from the developers. With the advancement of technology, the threat of data theft and the breach has also increased. The developers are taking increased measures to deliver projects with maximum security and a bare minimum chance for any breach. They are also looking forward to establishing a secure communication platform with end to end encryption of data. New Offshore Locations Apart from the most famous offshore locations, vendors are looking towards new markets that are competent to deliver feasible offshore development services. Today India and China are the most thriving market for offshore services. There are more additions to the market, such as Ukraine, Belarus, and Romania that are becoming major players. In the coming time, these countries are going to become leaders in the global market. Greater Focus on Value over Cost In the future, relations between vendors and offshore developers will focus on the value and quality of the projects, rather than being purely cost-oriented. The offshore development company will work shoulder to shoulder and also share risks. Cloud Services Cloud services are becoming essential in today’s scenario. Every sector is using cloud service to manage applications and manage data. It provides the facility to access data from any location and at any time. It is a secure platform and increases the efficiency of an organization. The offshore partner is looking forward to adopting a cloud environment to render services and share information. Modern Contract Models In the dynamic environment, both parties i.e. the vendors and the offshore team are looking towards formulating new work models that focus attention on the outcome of the projects rather than on outputs. The outcome is expected to be more goal-driven and encourage both parties to share the risks and responsibilities surrounding the projects. The vendor will look forward to working with the developers based on the outcome and result of the projects. Outsourcing of Core Business Operations Until now the focus of the vendors was to outsource the ancillary activities of the business. In the future market, the attention of offshoring services will shift toward the core activities and operation of the business. They will employ offshore to modernize the business.