The Coronavirus crisis has brought a massive change in all business areas, with new risks and challenges we need to understand and overcome. All around the world, companies are struggling to adapt to this new business landscape. In order to survive this pandemic, business leaders need to react fast to the challenges and prepare for the “new normal”.
Many companies were forced to make rapid changes just to stay afloat. While some of them cut costs and minimized their operations, others had to shut down their offices or factories altogether.
Emergency solutions are being applied to protect the employees and limit person-to-person virus transmission. Remote work was a rapid solution that many companies used from the beginning of the pandemic. But there are still numerous companies that are not ready to send their whole teams or departments to work from home.
Let’s take a look at how outsourcing software development can help businesses in times of the Coronavirus crisis.
Outsourcing software development offers a wide range of benefits for companies: flexibility, cost reduction, and maintaining the overall development process and productivity.
1. Cost efficiency
One of the biggest challenges that many companies are facing in this crisis is keeping the business going while tightening budgets and eliminating needless business expenses.
Software outsourcing can achieve substantial cost reduction in overall IT costs, while at the same time reducing your workload. Therefore, your company can focus on its core competencies.
Also, you won’t need to make any upfront investment in any hardware, software, or manpower, which also means less strain on your cashflows.
2. Remote development expertise
Remote development and remote cooperation can be rather challenging to those who are not used to it. For a software outsourcing company, it is just “a normal day at work”.
Software development outsourcing companies have a great advantage when it comes to remote development expertise as they have been doing it for years! So you may want to benefit from this expertise.
Also, they have a culture of a home office and are not only accustomed to this work mode, but have developed time-tested best practices for it.
Recruiting, hiring, and training new employees in the time of a pandemic can be a difficult job. Software outsourcing companies have been widely known for providing access to an extensive talent pool. This is a huge opportunity for companies who have a talent shortage or are in need of a rare specialist.
Outsourcing offers your company the flexibility to find a rapid solution for your projects and gets you access to professional development teams with large experience.
Coronavirus pandemic can be a great opportunity for businesses around the globe. We can see it as a necessary push for many companies to build the digital competencies they wish they’d invested in before. Now they need to be more digital, data-driven and in the cloud in order to be relevant in these times. Businesses have to work with flexible cost structures, build agile operations and introduce automation. Software outsourcing can be the first step in a long journey of a wider transformation