More and more businesses are looking to hire remote developers as a cost-effective means to keep pace with a competitive market, innovate constantly, find the right expertise tailored to their project needs, and scale seamlessly. As many as 92% of G2000 companies use IT outsourcing, 37% of small businesses outsource to stay competitive, and 59% of businesses outsource to reduce development costs. Hiring dedicated developers entails hiring development professionals with specific expertise on demand for a particular project. Read this blog to understand how you can cut your development costs in half if you hire remote developers.
Financial Benefits Of Hiring Dedicated Developers
Discussed below are the financial benefits of hiring remote developers for businesses looking for cost-effective software development options:
1) On-Demand Hiring At Scale
The dedicated development model gives businesses the flexibility to upsize or downsize their development resources on a project-by-project basis. This means businesses can hire remote developers only when there is a project need and only for the duration of its completion, eliminating the need to pay recurring monthly salaries or spend on training and employee benefits.
2) Constantly Trained and Ready To Deploy Developers
When you hire dedicated remote developers from a credible IT staff augmentation company, you get access to experts who have been trained on an ongoing basis to keep pace with evolving technologies. The cost of their training is covered by the IT staff augmentation that employs them and invests in them over time, ensuring they are ready to deploy for all projects. Businesses hiring dedicated developers spend only on the service contract for the specified duration, saving significantly on recruitment, training, and operational costs.
3) Remote Work
Businesses that hire remote developers save on in-office expenses such as those on rent, infrastructure, and so on. Dedicated developers work from their respective locations, and not necessarily in the same physical location as the business or the codebase. Additionally, this gives businesses the agility to tap into the extensive pool of global talent and improve their likelihood of finding the right expertise tailored to their needs.
4) Infrastructure Costs
A dedicated software development team or expert functions remotely and solely focuses on the project at hand, applying their specific expertise. They are employed by the IT staff augmentation company with whom you enter the contract for their services. As such, these partnerships are facilitated through cloud computing and remote project management tools, which do not need hefty infrastructure expense on the part of the business.
5) Instant Hiring
Outsourcing software development from a reliable IT staff augmentation company gives businesses access to the required expertise instantly, following a tried and tested quick hiring process. This guarantees that businesses do not miss out on crucial development time and spend on lengthy hiring cycles in search of the right candidate. Dedicated developers are pre-vetted by the companies that employ them, and as such, businesses outsourcing software development can skip the lengthy traditional hiring process and expenditure (ads, job portals, agencies, compromised development time) to access the right candidate instantly.
6) Competitive Edge
Custom software development services are a top priority for startups and established businesses. However, not all startups may have in-house teams or teams with the necessary years of experience to develop top-notch applications tailored to their needs. Hiring and maintaining an in-house team is a long-term investment that may not be feasible when a business is just starting out. This is where hiring dedicated developers or a dedicated software development team helps startups by ensuring they have on-demand access to the necessary expertise and years of experience without investing in an in-house team. You can hire developers for startup on a risk-free basis and stand the test of a competitive market.
7. Accelerated Development
Remote developers accelerate the software production process by focusing on the specific aspect or project they were hired for, working around the clock from their respective locations. Their unmatched focus, software development expertise, and knowledge of industry-specific nuances from prior experience accelerate development and reduce time to market, enabling businesses to capture their desired market share ahead of competitors.
How Much Does It Cost To Hire A Software Developer?
The developer’s hourly rate to hire developers from India starts at $15 per hour for junior developers and ranges between $20 to $25 for mid-level and senior professionals. As such, businesses that outsource software development save significantly on internal team hiring and maintenance costs, and work towards agile releases with quicker iterations. The primary benefit of this hiring model is that it offers businesses the required expertise at affordable rates, irrespective of their years in operation, ensuring the lack of finances or internal team expertise does not become a barrier to innovation.
How To Hire Dedicated Developers?
If you are looking to hire developers remotely, the quick and efficient process discussed below will help you access the necessary development expertise instantly.
- The first step is to accurately understand your project requirements and identify the exact skill gap in your internal team. This will help you determine the specific expertise and level of experience required for your project.
- Next, you should look beyond your geographical location and tap into the pool of global talent. By partnering with a credible IT staff augmentation company, you can access top-tier developers with expertise tailored to your project requirements.
- The third step is analysing pre-vetted developer profiles from the IT staff augmentation company and shortlisting candidates who meet your requirements. Among them, you can interview selected developers one-on-one and review their skills via a short coding assignment.
- At this stage, you can onboard the selected developer with guidance from the IT staff augmentation company, implement remote management tools, and instantly kickstart development.
Conclusion
The modern-day context of doing business requires organizations to be flexible to adapt and change at par with evolving user expectations. Hiring remote developers on demand facilitates these requirements and gives businesses the agility to respond to evolving market demands with unmatched precision and efficiency. However, it is important to research the background and credibility of the IT staff augmentation company and determine their ability to provide developers who can cater to diverse business requirements, development acceleration needs, and software development complexities.
