Your business might have a dedicated, in-house team of developers who are confident and capable of handling most of your needs. But what happens when those needs expand? Say, for instance, you decide to turn your focus on Kubernetes and containerized applications. Do you have time for your team to get up to speed on this technology? Or do you want to get things up and running as fast as possible?
Or maybe business has ramped up so much, that you’ve found yourself needing to scale beyond your current capabilities. When that happens, it might be time for your business to outsource to South America.
Why Outsource?
The first question to answer is why should you even consider outsourcing a project? A quick glance through the best regions to outsource software development will show you the top reasons for outsourcing are:
- Access to Top IT talent
- Quick implementation and scalability
- Guaranteed performance and reliability
- Reduced focus on IT management
- Faster problem-solving and minimal downtime
- Money and time savings in labor costs
In other words, your business could stand to save time and money, while guaranteeing performance, reliability, and uptime. What company doesn’t want that?
There are other benefits when outsourcing nearshore software development to Latin America, including improved software security, accelerated software development life cycles, and long-term staff flexibility.
Types of outsourcing
Even before you analyze if your project is a good fit for outsourcing, you might want to know what types of outsourcing there is to be had.
Thus, you’ll see that there are three primary types of outsourcing to consider: onshore, nearshore, and offshore.
Onshore Software Development
This is one of the most popular forms of outsourcing development. Onshore software development means the project is handled in the same country as your business. So if your company is located in Los Angeles, you might outsource the project to San Francisco. That’s onshore. This type of outsourcing is good for any project that requires location-specific knowledge and a lot of face-to-face interaction.
Nearshore Software Development
When your company outsources to another company that is geographically close, they are using nearshore outsourcing. For example, any company in the United States outsourcing to Latin America is working with nearshore outsourcing.
This type of outsourcing is great when you don’t have to be in the same country, but do prefer to work with those in the same time zone. When you outsource to a country in a different time zone, the scheduling of meetings can be a problem. Nearshore outsourcing is a good option for medium and large-scale projects when a company must have immediate access to outsourced developers who could be working with sensitive data.
Offshore Software Development
Finally, we have offshore development outsourcing, which involves a third party that is geographically far away from the country of origin for the project. One very popular example of offshore outsourcing is US companies outsourcing to India.
The biggest benefit of offshore outsourcing is a fairly massive talent pool to pull from. And in many cases, cost efficiency also plays a big role. So if your company is on a tight budget, and still needs a project outsourced, offshore might be your best option.
Outsourcing Software Development to Latin America
Now that you understand the differences between the types of outsourcing, it’s time to decide if your project is a good match for outsourcing to Latin America. But why Latin America? Within all of the regions across the globe, Latin America has the fastest projected IT industry growth (with a projected revenue growth rate of 5.3% for the 2020s). In fact, software development is leading the South American industry, thanks to countries like Argentina and Brazil. LatAm is basically a hotbed for software development.
If you’re considering the option to outsource your project to Latin America, BairesDev is ready to work for you. With a proven track record of success, BairesDev can help you get that medium- to large-scale project up and running. BairesDev can develop your product from start to finish, or handle individual segments of the process for you, from requirements and systems analysis, architecture and design to development, testing, migration, and deployment.
Is Your Project a Good Match?
As for your project, the first thing you must ask yourself is “Do we have the in-house talent to complete the task?” If yes, then outsourcing to Latin America is probably not necessary. However, if that answer is either an “Unsure” or “No,” then you should definitely consider outsourcing.
Of course, that question gets a bit cloudy when you stop to consider this: If placing that project in the hands of your in-house developers will prevent them from working on other projects (or keeping your current software running smoothly), you might be a good candidate for Latin American outsourcing.
If that project uses up your in-house resources, you would be doing your company a disservice—especially when you can effortlessly expand that team with near or offshore outsourcing. And given the talent in Latin America is some of the best in the world, your project is in good hands.
In order to finally make this decision, you need to ask a few more questions:
- What specific skills need to be outsourced?
- How many developers will you need to complete the project?
- Will distance be a factor in the success of the project?
- How difficult is the project?
- What countries are on your shortlist?
