5 Key Aspects of Software Development Outsourcing You Must Know
According to several studies, the market share of software outsourcing reached a whopping $66.52 in the year 2019. But, unfortunately, even a standard application development project takes a significant amount of money and considerable time to move out of a company. Further to add to these woes is, primarily an IT firm may rarely have skilled resources to develop and maintain a software development project. And by any possibility, if it has, the paycheques are much higher compared to many outsourcing companies, where tasks are outsourced.
Application development is more or less the same, whether you have your in-house software development team or planning to outsource your software development job to India.
Here are some critical aspects of software development outsourcing you must be aware of:
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Make a Decision
Before you decide to outsource your project, you will need to do some preparations. First, ensure you do a detailed analysis of your present business condition, budget allocations for the year for other organisational development, your business goals, and your relationship with the outsourcing firm.
It is vital for you to understand the development strategy you believe is right before you plan to hire an outsourcing firm for assistance. You must be fully aware of all the perspectives of the development process to comprehend the outsourcing model and strategies.
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Find a Vendor
Now, it is time to evaluate all the available options and shortlist about 5-10 software development outsourcing firms. The shortlisted companies must adhere to the terms and conditions you had set initially. Do proper research online and offline before you start hiring the right software development company. Allow yourself time to assess and do not take any decision in haste. Avoid hiring companies that offer attractive plans as that might hurt you later. Instead, choose a professional firm with a highly qualified and experienced team that can efficiently manage your application development requirements.

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Sign the Agreement
An agreement between two parties is again one of the significant aspects of software development outsourcing which you should not miss at any cost. The agreement or contract should be legally binding for both parties, and it must compulsorily mention all obligations, responsibilities, and commitments agreed between both parties. Do not fall into the trap of alliance without an adequately documented agreement. A written contract has everything clearly mentioned on paper to avoid future conflicts, which might arise due to project-related miscommunication or misinterpretation.
Make sure your agreement has all related information included like responsibilities of the parties, project delivery deadlines, payment details, and other specific technical requirements. The agreement is an essential document and must be duly signed by both parties to avoid any future conflicts and the successful completion and delivery of your software development jobs.
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Development and Quality Assurance
Once the contract is signed, the actual software development job starts. At this level, your outsourced team start working on your project after receiving your agreement. Make sure the outsourcing company assure you timely delivery of your product without compromising on the quality. Project launch is initiated after you hire a project-based outsourcing team. In this phase, many activities are undertaken, like hiring new software developers, programmers, and coders. Also, to streamline the development task and process, the project is divided into many small modules, and the responsibility of developing each module is given to different teams. Many times different modules are developed at various stages by the same team. Every time a module is complete, there is a launch product update until the time all modules are completed and the final product is launched.
Moreover, project monitoring and regular updates are also essential and are undertaken simultaneously during the development. Finally, it helps you to understand the productivity, expertise and performance of the software development outsourced team.
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Completion of Project and Billing
After the project is developed, tested, delivered, and deployed, it is complete. Then, it is time to make all the payments, assess the work, decide on a post-deployment plan (depending on your agreement), and discuss future associations and contracts.
Wrapping Up
If you are looking for an offshore software development company, make sure you hire a professional and experienced team or company that ensures on-time delivery and outstanding quality.