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Software development outsourcing, a strategic approach to delegating software creation tasks to external providers, has emerged as a pivotal element in the global IT ecosystem. The IT outsourcing market has reached $617.69 and GDPR from outsourcing providers to ensure data protection. billion and continues to expand.
Nearshore software development outsourcing , a key component of software development outsourcing, involves delegating software development tasks to teams in neighboring countries. According to Statista, the global IT outsourcing market is projected to reach $587.3 What is Nearshore Software Development Outsourcing?
According to Report Linker, global revenue in the IT outsourcing market is expected to reach $425.19 billion by 2027. By delegating these tasks to specialized offshore teams, businesses can ensure their software remains reliable and up-to-date without the need for a full-time in-house team. billion between 2021 and 2026.
A company offering outsourcing services generally hires engineers for short-term projects, with task-focused professionals who juggle multiple clients and projects. Since the main drivers for outsourcing are cost and delivery time, companies push hard for the lowest price possible, resulting in low-quality deliverables.
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