Groove Technology

SEPTEMBER 26, 2024

Costs One of the primary drivers for outsourcing is cost savings. A study by Accelerance found that companies can save up to 40-70% on development costs by outsourcing to countries with lower labor costs. Access to Talent Outsourcing provides access to a vast pool of specialized talent.

Software 130

Software Outsourcing Offshoring Nearshoring 130

Groove Technology

AUGUST 15, 2024

On average, businesses can save between 20% to 40% on development costs by outsourcing, compared to maintaining an in-house team. By outsourcing to countries with lower labor costs, such as Vietnam or India, you can reduce this expense to as low as $30,000 to $40,000 per year per developer.

Outsourcing 100

Outsourcing Service E-Commerce Flexibility 100

Groove Technology

AUGUST 15, 2024

These features make Java a preferred choice for developing secure applications, particularly in industries where data protection and compliance are paramount, such as finance, healthcare, and e-commerce. For example, the average annual salary of a mid-level Java developer in the U.S. can be upwards of $90,000, not including benefits.

Outsourcing 100

Outsourcing E-Commerce Flexibility Efficiency 100