Why Outsourcing Software Development Could Prove Game-Changing During & after COVID-19?

COVID-19 has presented a unique challenge for businesses. The lockdown that followed made some businesses rethink their strategies. The business impact of COVID-19 has been more profound on the global IT services industry. Companies have been scrambling to protect their employees and customers. Many businesses have turned to outsourced software development to sustain business continuity.

How will outsourcing software development prove to be a game-changer during and after COVID-19?

Studies show that 45% of the companies will outsource more than insource over the next 18 months. Geographic dispersion is also is recognized as one of the most effective risk management strategies and outsourcing IT systems help businesses build quality and resilience against such disruptions such as natural disasters and pandemics. Adopting distributed global services model and hiring offshore teams globally. Outsourcing has traditionally been a cost driven and value driven industry, and shall remain to hold true and elementary even in the post COVID-19 world.

The prolonged economic downturn caused by COVID-19 has compelled companies to adopt stringent cuts in budgets. The spending for in-house resources has been discretionary. Companies have begun to focus more on their core business activities and software projects are being outsourced more than before. With outsourcing, a remote team handles all the development, testing, and bug fixing to ensure that you get quality products.

The coronavirus outbreak has spiked the demand for offshore development and many businesses have reaped the benefits of this trend. Offshore teams also realize the intensity of the demands and strive to offer excellent services. The road to economic recovery might look fairly long, but a steady flow if software outsourcing seems like the right step in the right direction to not only survive but also sustain after the pandemic is over.