Key Takeaways:
- Compatibility in development methodologies and workplace culture remain key to successfully outsourcing software development.
- The best candidates should be fairly conversant with AI even when it’s not a prominent factor in your project at the time since it could become one later on.
- Experience and social proof remain key; prioritize companies that have succeeded repeatedly over those that promise cheaper approaches.
Software development outsourcing continues to grow all the time. Forbes found that the number of companies outsourcing would rise by 70% by the end of 2024. Areas such as IT support and application development are especially popular among companies that don’t have the in-house capacity or expertise they need.
Whether it’s businesses in emerging markets like FinTech that have to innovate quickly, or the 24% of small businesses who outsource to increase efficiency, it’s a leading option for companies who want to embrace new opportunities and digital transformation.
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