Confused about what nearshore software development is and how it can help your business? This blog will clear up your confusion!
WHAT IS NEARSHORE SOFTWARE DEVELOPMENT?
Oftentimes, a company may outsource its software development to other countries, usually sharing a border or being in proximity with their own country. These countries are likely to have similar time zones, languages, and cultural practices which make them more similar compared to countries farther away.
The practice of having your company’s work or services being conducted by people in neighboring countries is known as nearshore outsourcing. The geographic proximity makes it easier for the company to communicate with their workers via travel, and the language similarities make it an effective business choice. Although nearshore software development operates in a similar manner to offshoring, the difference of locations makes the process unique and different from offshoring plans.
WHY YOU SHOULD OPT FOR NEARSHORING
Nearshoring can prove to be beneficial for your company for a number of reasons:
Through nearshore software development, the services you receive are cost-effective as well as cost-efficient. You’ll be able to get high quality products at a much lower price than you would get through offshore development plans. This will minimize your company’s expenditure.
POSSIBILITY OF TAX SAVINGS
IT companies are even more likely to benefit through nearshoring. The industry-friendly taxation laws implemented by governments make it easier for them to outsource their services to neighboring countries, which reduces their overall taxes.
LONGER HOURS DUE TO TIME DIFFERENCE
When you’re nearshoring your services, the small difference (if any) in the time zones of the two countries is taken into account. This means that your nearshore developers are probably going to be starting their work before the on-site programmers, and leave after them. Your project is likely to be completed quicker and earlier due to the slight time differences, saving you a considerable number of hours.
EASE OF ACCESS
Finally, as mentioned above, nearshoring provides companies with geographic accessibility and cultural similarity, which makes it easier for them to communicate and implement their work and services. The cost of and time spent on travelling are also much less than what they would be for travelling to a country further away. This makes it possible for employers and company representatives to checkup on the progress themselves during frequent visits.
EX² Outcoding is a software development house based in San Jose that provides digital solutions and staff augmentation services to various businesses. With over 18 years of experience, we have developed over 100 web apps and over 180 mobile apps for our clients across the U.S, Canada, and Europe. Moreover, 95% of our employees are bilingual, making nearshore web development a smooth and easy process.
Get in touch with our team to learn more about our outsourcing services!