We found that up to 50% of custom software development initiatives fail. For CTOs and tech managers, this age-old issue is a nightmare. The most significant challenges are driven by the changing technology trends and multiple internal factors. Among others, your development team must have the necessary capacity, knowledge and skills, infrastructure and a clear roadmap to overcome all the foreseeable problems. This post lists the most typical challenges of internal developments and introduces project outsourcing as a potential solution.

Imagine your organization is about to launch an ambitious project on a new, custom software development. Throughout countless meeting sessions with the stakeholders, you finally have a general idea of the expected outcome but face difficulties regarding the “How to get there?” part. This is not necessarily due to a lack of competence but rather because of the same old challenges every business faces when it comes to realizing something completely new and original.

These challenges can take multiple shapes and forms: time constraints, cost limitations, resource shortages, and quality shortcuts. Let us take a brief look at each.

You don’t have time

Time constraints may seem the least challenging out of the bunch. You might think you will focus only on the essentials and cut out the rest or have it implemented down the line through CI/CD (continuous integration and continuous delivery) methodology.

Well, in reality, this isn’t the case. Keep in mind that you are developing something new. Something which has no preset guidelines to follow. Your team might not have the adequate knowledge to create that new piece of tech, they can master it though, but in this case, time would be spent more on learning than the actual development — time you currently don’t have.

You don’t have money

This is usually a broad statement, often meaning that you lack extra budget if things go sideways during the project. You can’t just hire new people down the line to help out; you can’t just start over at some point with the good old saying “lessons learned.” You need to make sure you fit within the exact budget threshold and utilize affordable resources to their fullest. And this is where the challenge lies. 

You don’t have the resources

Generally, resources could mean anything that contributes to the project’s success, but we mainly talk about software, hardware, environment, and infrastructure tools. These tools allow your team to focus only on the project at hand and not get sidetracked by trying to solve the fundamentals instead of working on the actual project requirements. Putting a professional development environment together with all the necessary tools and frameworks can be a considerable time and budget investment.

You struggle to meet the desired quality

This one is an amalgamation of everything we mentioned before. Lacking time, money and resources combined will surely hinder project success and force your team to focus on establishing the fundamentals instead of putting actual work into development. This will have them overburdened while not being able to add new team members or allow them much time to get accustomed to all the new things they need to master. In short, it will simply not work, and essentially, you set up your project only to fail.

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Project outsourcing is for the rescue

Do not worry; there is a light at the end of the tunnel. Project outsourcing is here for the rescue. But how exactly, you might ask? It is meant to overcome the challenges we discussed so far.

Faster delivery

Collaborating with external experts allows you to complete the project more quickly and efficiently. With the necessary skills and talents, timing and deadlines become less of an issue as you outsource to professionals. They’re familiar with what you have in mind and have a clear vision (and toolset) of accomplishing it in the fastest way possible.

Furthermore, the time you spend looking for a suitable IT company to outsource your project is less than the time to recruit new people.

Cost-efficiency

Outsourcing the project enables you to save money on hiring, onboarding, training, and housing employees in your company. You don’t need to equip your workers with supplies that are indispensable to providing software development tasks.

Outsourcing, especially to nearshore teams, is cost-efficient by default as these projects are temporary with a set deadline, allowing more talent to be involved for a short duration. This also minimizes concerns regarding lacking key staff members and what to do with them once the project is finished.

Professional resources

Outsourcing providers have a well-established environment and infrastructure in hardware and software to ensure project success. They do this for a living, knowing what is needed to get the job done.

Finding innovative technology providers is critical for growing your organization and having a competitive advantage in the market. You can develop cutting-edge solutions by outsourcing the work to a provider with a proven track record of competence.

Quality guarantees

We considered quality as the result of everything previously highlighted. With project outsourcing, all the above concerns are eliminated, ensuring superior quality and customer satisfaction, which are pivotal for the providers. They want to work on new projects with the client in the future, and to make that happen, every project needs to succeed.

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Conclusion

Project outsourcing is essential in various industries, and IT is one of the most discussed. Most businesses outsource their IT projects to save money. Outsourced professionals provide you with high-quality services, security, and essential expertise and skills necessary today, notably in software development. The closer proximity of nearshore teams can have additional benefits, including the reduction of cultural differences, more flexibility and cost-efficiency, all resulting in faster time to market.

The only question remaining is to what degree you want external help and how they should be involved in your project. We will follow up in our next blog post by answering these questions. Stay tuned.

If we have already piqued your interest and want to discuss the rest in person, let us know.