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Offshore software development rates refer to the cost of outsourcing software development projects to companies or teams based in different countries. These rates vary significantly across nations due to factors such as laborcosts, currency exchange rates, market demand, and the overall cost of living. Not necessarily.
Advantages of Outsourcing Software Development Outsourcing software development offers several compelling benefits for businesses of all sizes: Cost-effectiveness: Outsourcing can significantly reduce companies' development costs. A Deloitte study found that 59% of businesses cite cost-cutting as a primary reason for outsourcing.
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