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Author: ciklum.manage
App development outsourcing: how to make it work
Mobile apps are more popular than ever – and app development outsourcing is a vital way to make the most of the business opportunity.
The market for mobile apps, and the wider industry of low-code application platforms (LCAPs) continues to grow. Gartner expects it to reach a global value of more than $12 billion by 2024. Furthermore, the use of these apps by the general public is becoming increasingly widespread: for example, 2023 is expected to be the year that app-based digital wallets are used for more than 50% of payments for the very first time.
But what does this mean in practice for you? In this blog, we’ll take a close look at app development outsourcing: why you should outsource app development and the reasons behind this, how to outsource your app development and how much it may cost.
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4 ways Product Discovery can benefit your business
In today’s fast-paced tech market, it can be tempting to rush into development so you can be the first to enter the market with a new product. However, it is important to never overlook the importance of first having an in-depth understanding of the customer needs you are attempting to address. This is where it is critical to take the time to research your target customer base through Product Discovery.
Product Discovery is a data-driven approach to product development that allows your team to dig deeper into your customer pain points by identifying key recurring patterns tied to the problems that your users face. Equipped with these powerful insights your team can then test and validate how to best design a product to cater to their specific needs and preferences with data-backed confidence.
To learn more about what exactly Product Discovery is and the various development challenges that it can help your team overcome, make sure to read our previous blog “Product development priorities in tough economic times“.
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How to Choose a Software Development Company in 2025
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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Software Development Outsourcing Models — Which One Is Best?
Choosing new software development outsourcing models depends on so many factors and influences, as well as the specific problems you need to solve within certain parameters. But how can you make the right decision for your next project? This guide presents the different outsourcing models and their pros and cons so you can choose the best for your business.
Table of Contents
1. Types of Software Development Outsourcing Models
2. Location-based Software Development Outsourcing Models
3. Relationship-based Software Development Outsourcing Models
4. Contract-based Software Development Outsourcing Models
5. Which Outsourcing Model Suits Your Business Tasks and Values?
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2023 Software Outsourcing Trends Explained
Software development outsourcing has gained real traction in recent years, as businesses all over the world seek to improve the efficiency, speed, scalability and cost savings of their projects.
According to Avasant, 60% of businesses in the technology sector are now using outsourcing partners for at least part of their application development. This demonstrates the value of software outsourcing companies in helping organizations get quality software to market.
But in a business and tech landscape that’s constantly evolving, what does the long term future hold in the outsourcing market? In this blog, we’ll explore some of the key software outsourcing trends for 2023. From innovations like machine learning through new business models that the outsourcing industry is adopting.
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How to Mitigate the Risks of Outsourcing Software Development
It’s true that there are some pitfalls to outsourcing the development process. But many of these are down to mistakes made in implementation and partner choice, rather than because of outsourcing as a general principle.
In this blog, we’ll explore the biggest risks of outsourcing software development and how each of them can be mitigated. We’ll cover each risk in turn and give you some key strategies for overcoming them with the help of the right outsourcing company.
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Product development priorities in tough economic times
It’s no secret that we’re in a period of financial turbulence. A cost of living crisis – being exacerbated by the constantly rising cost of energy – is hitting people’s finances hard. As their fixed living costs ramp up, the amount of discretionary income they have to play with diminishes, and that means they’re being much more discerning about where they spend their money.
This will put increasing pressure on businesses (many of whom are already facing energy and cost difficulties of their own) as customer spending contracts. Businesses with digital products and apps therefore face a major challenge in demonstrating their value to customers, and try to grow (or at least maintain) customer spend in the months and years to come.
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In-House vs. Outsourcing Software Development: Which is Right for Your Business?
Table of Contents
- In-house vs. outsourcing software development: what’s the difference?
- The pros and cons of in-house software development
- The pros and cons of software development outsourcing
- In-house vs outsourcing: how to choose?
In-house vs outsourcing software development: it’s one of the biggest choices that software developing businesses are currently having to make. Every business involved with software has to constantly innovate and develop new products in order to keep pace with their competitors. However, perhaps now more than ever, that can be an incredibly difficult proposition – especially when deciding whether to run a project in-house, or turn to software development outsourcing.
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Money20/20 top trends: lead the way in payments
As quick as it arrived, Money20/20 Europe is over for another year. With thousands of attendees and companies taking part, it was a real cauldron of discussion which delivered plenty of insights into how fintech will shape our lives in the years ahead.
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