Why Outsourcing Software Development to India Still a Best Option

Outsourcing | Software Development

When you utter ‘Software Outsourcing’ world, the name India contextually might flashing in the minds of listeners. However, it is not always true because many other offshore destinations are emerging as strong contenders for outsourcing to India.

Outsourcing Software Development Destinations Other Than India

For instance, the rise of China and Eastern European countries such as Bulgaria, Belarus, Armenia, Romania, Ukraine, and Russia are posing real threats to the Indian outsourcing community. It is due to cultural similarities and language accent. Latin American countries like Argentina, Costa-Rica, Mexico, Colombia, Peru, Bolivia, Venezuela, and others are the best choice for Canadian and American companies those want to avoid significant time zone differences. Of course, Philippine, Vietnam, and Malaysia are struggling to make their presence in the outsourcing industry of the world, but still not big threats to India.

How India Leading in Global Outsourcing Software Development Arena

Despite such stiff competitions from the other nations across the world, India wins a lion share in the outsourcing economy of the world. If we explore the recent data of some surveys, conclusively we can say, India enjoys a share of 85% outsourcing projects of the world. North American countries rob 7%. It follows by Europe with 5% while South America has only 2% share. If we look at figures from Asian countries excluding India, it is negligible (1%). These figures automatically indicate that India is still the most preferred destination for the outsourcing world.

Why India the First Preference for Outsourcing Software Development

Apart from common reasons for outsourcing like quick and cheaper work, India has several advanced attributes that lure the new startups, establish enterprises, and many SMBs from various advanced countries of the world to outsource their software development work. It is true that we cannot discuss all those characteristics in this post, but can examine some significant traits in short.

India the Biggest Outsourcing Hub

India has a huge population with IT qualifications. Therefore, Indian IT companies can hire a big pool of IT engineers with required skill sets. For instance, TCS has 370K+ strength, and Infosys has 200K+ employees working. Against these, its emerging contenders have a sizable population of IT engineers. We can take Romania, an Eastern European country as an example, it has only 64K professionals working in IT sector companies across the entire nation! Now, decide which nation can churn more code and take challenges to deal with big scale projects particularly, when the requirement of a big pool of skilled developers is in question?

Diverse Niche Specialization

Every day some new startups emerging on the horizon of IT sector of India. It leads to create the highly competitive environment. In order to beat severely competitive environment, smart IT companies acquire niche specialty. Indian IT engineers constantly try to update their knowledge, skills, and tools with rapidly changing technologies. Thus, they can justify challenging projects coming from diverse verticals of industries and business niches. Hence, you can easily find niche expertise for any category of software development even for the latest technologies and trends.

Easy Availability of Big Pool of Developers

As we have discussed before that India has the biggest pool of IT professionals in the world, we can say that Indian outsourcing software industry can provide a large number of software developers for enterprise level projects where requirements go to over thousands of experts in a particular niche. Therefore, Google, IBM, Microsoft, and Accenture like giants have big labs in IT destinations of Indian sub-continent.

Availability of State-of-Art Infrastructure

The majority of Indian cities have an adequate power supply to provide round-the-clock electricity. The Internet facility available with advanced network and highly competitive rate compared to other software outsourcing destinations of the world. Hardware, OS, and networking infrastructure facilities are at a level so Indian outsourcing software companies can address modern software development needs from advanced countries at highly affordable rates. Mobile networks and the Internet networks make communication easy, rapid and advanced to offer 24X7/365 supports using multimedia channels. Thus, Indian outsourcing software development companies can easily beat time zone constraints.

Cost-effective yet High Quality Outsourcing Software Development

Since highly skilled talents available at comparatively cheaper rates, cost efficiency of the outsourcing software development project is great. The following figures in a recent survey are clearly indicating that India is providing software development services at the lowest rate using its ultramodern infrastructure and highly talented as well as experienced software skills. Therefore, Indian outsourcing industry has earned a big reputation as ‘Quality Player’ with cheaper rates.

1. USA – 80$-200$
2. Europe – 50$-150$
3. Mexico – 35$-55$
4. Argentina – 30$-55$
5. Brazil – 30$-50$
6. Costa Rica – 25$-50$
7. China – 15$-40$
8. India – 12$-25$

Favorable Government Policies

India is striving growth and software outsourcing has the highest contribution to boosting the economy of the nation. Therefore, the government is stressing much emphasis on lifting outsourcing revenues up during its policy making as well as implementation processes. In due course, the Indian government has implemented stringent IT acts to support seamless operations, high quality standards, and policies to grab maximum benefits for the industry to thrive in the country. Besides these, the Indian government is offering numerous incentives including relief in taxations, service charges at different levels, infrastructure supports, startup supports, and enterprise unit establishments.

High-end Security

Software development outsourcing process involves exchanges of several types of business-critical and personal data at both ends. Therefore, data security, privacy protection, and Intellectual Property Rights are becoming sensitive issues to deal with. Therefore, the Indian government has imposed strict security measures to curb the unwanted menaces such as frauds, data theft, data spoiling, hacking, data breaching, and many such unethical practices, which can destroy trusts among the offshore clients and harm the credibility of the outsourcing industry of India. Besides the government agencies, software development companies with outsourcing centers and services follow guidelines of international standards established by reputed agencies across the world and entrust their patrons to work in safe and secure development environment.

Effective Conversations

Developed nations which are sending work to the offshore destinations like India have English as their first languages such as US, Canada, European nations, and Australia. Fortunately, the Indian population is highly literate and fluent in international English. It becomes an advantage for the Indian software outsourcing companies to establish seamless communication using their English fluency. Moreover, software developers and business development professionals in India has enough talents to understand the various cultures of the world, business practices, and needs of target audience. Therefore, they can make effective communication with offshore clienteles and offer maximum comforts during the conversations. Indian software development agencies use the latest communication technologies, different shifts, and awesome presentation capabilities to give their patrons relief from time zone constraints.

Rapid Turnaround

Due to the stiffly competitive environment, Indian outsourcing software development firms work on thin margins. In due course, they have to accomplish more projects rapidly to manage their overall income and expenditures. Thus, offshore clients can get fast turnaround time for their projects even without missing any quality credential they have defined in the project proposal and agreed upon it.

Superior Work Ethic

Transparency is the thing that every business loves. Therefore, the reputed software development outsourcing companies in India follow high work ethics and transparent policies to woo more clients as well as try to keep them loyal forever.  

Conclusion:

We have seen that Indian outsourcing software development industry is enjoying lion share in the outsourcing market of the world. Despite the emergence of other outsourcing hubs across the globe, Indian outsourcing software companies are taking the lead in the numbers of projects as well as in revenues they earn. We have explored the reasons behind such high proliferation of outsourcing success in India and found several parameters that can give any software development company a lead in the offshore project. If you are a business looking for a reliable outsourcing partner for the web development, mobile app development, or any other high-end software designing and programming needs, consider Addon Solutions as your dependable Outsourcing Software Development Company to start a trial project and experience the differences.