Published on March 30th, 2023
Between 2008 and 2022, the number of remote workers increased to 159% in all of the United States. This growth rate accelerated significantly because of the worldwide epidemic, with more people switching to online services than they ever have before. In light of the fact that studies have revealed that an astounding 97 percent of remote workers don’t want to return to an office Remote work is rapidly becoming the norm.
Numerous companies are taking the concept of remote work further by searching for offshore, onshore, and nearshore computer software working solutions. From hiring workers from the other side of the planet to bringing on staff in the same state as you give rise to emerging Flexible working opportunities every day.
Let’s examine offshore, onshore as well as nearshore, software development solutions. Let’s also explain how nearshore programming has evolved into an effective solution to the needs of modern companies in terms of technology.
The differences among Onshore, Offshore, and Nearshore Software Development
With three words that are very similar, It’s easy to get offshore, onshore as well as nearshore development. Let’s dissect these terms:
Onshore – This form of outsourcing software is usually one of the more expensive ones. This is because you collaborate with individuals who work in the local office or operate from their corporate office.
Offshore outsourcing, also known as offshore development, is often the cheapest option upfront (but we believe that it is usually with lower quality). This is the case when you hire an organization that is located at a different timezone. For instance, a U.S.-based company hiring a team from the United Kingdom will be considered offshore, since they operate in a completely different timezone. Offshore software development does have its place, however, detailed customized software applications can be best served by companies that are nearshore.
Nearshore Software development is also referred to as nearshore outsourcing, also known as nearshore development is the most desirable choice for a variety of reasons. Nearshore outsourcing involves the hiring of a team located in the same time zone as your company. Being in the same time zone is the most efficient option, without the cost related to onshore employees.
In a nutshell, the distinction between the three types of software development is based on geography. What’s offshore, onshore, and nearshore can differ based on the location where your business is located.
Our Nearshore Development Strategy
At iTechnolabs, We’re firm believers in the benefits of nearshore development. Not only does it permit us to collaborate with software developers who are in the timezone of your choice, but we are able to choose from the top talent pool.
One of the biggest issues for developers who are onshore and onsite is that you’re restricted to a particular geographical area. If you post an advertisement in a particular region, the talent you’ll get is restricted to those who reside within the area. It is now possible to open an opportunity for talent to all countries in your time zone by transferring to a nearshore developer.
This is precisely the same thing iTechnolabs has accomplished. As a company that operates with US hours, our team has established solid working relationships with some of the best software developers. We promote our work environment frequently and constantly talk about the benefits of working with iTechnolabs as a software developer to them. We meet with hundreds of software developers each throughout the month in Latin America through our marketing and recruitment efforts. Through scouting for the best talent in Mexico, Brazil, Argentina, Dominican Republic, Colombia, and more, we’ve created an elite team of developers with decades of experience as well as a vast variety of professional programming abilities and programming languages.
Because each of these nations has the same work hours to that as the United States, this geographical advantage lets us work in a non-stop manner. We are able to more effectively communicate on behalf of our North American customers during waking or working hours. Our model goes far beyond the time zones that are aligned.
After securing our developers through our marketing efforts, we then put them through a rigorous screening as well as an interview. We pair code with live testing for coding, evaluate their ability to write the efficiency of their code and compare them to the vast pool of candidates that we’ve dismissed and chosen. When they are hired by iTechnolabs, we go on to put each employee through a series of training modules and development sprints using live production software. We make sure that their abilities are as sharp as they can be before their first day of developing your idea.
With the potential of nearshore programming, our team’s international collection of talent is the top of the best.
What are the Benefits of Outsourcing Software Development to a Nearshore Programming Company?
Alongside empowering your workforce by having an international pool of the best professionals, there are a variety of advantages to outsourcing the development of software to a nearby programming firm. The top three benefits your company can reap include:
- Financial
- Time Scale
- Strong Communication
Let’s take these in a more detailed manner.
1. Financial Benefits
When you want to complete projects for software development traditionally you have two options: employ internal jobs (on-site employee/programmer) or employ an offshore programmer (either as a contractor, or employee). While both are viable ways to increase the quality of projects but they have a high cost.
If you hire an on-site developer for your business you’ll be required to pay them a salary per year as well as benefits, and you’ll need to provide offices for the employees. Of course, the recruitment process to hire a new employee will require a significant investment in recruiting and due to the competitiveness of software developers, it could take a lot of time to complete.
We will declare this. In certain areas or components of development, it is logical to bring on internal staff. In the case of sensitive components or an architectural design that will be used to define the business. We believe it’s crucial to have an internal technical director who is aware of the requirements for building and more importantly, why it is required to be built in a particular manner.
Similar to an on-shore contractor, a nearshore contractor faces the same challenges as an in-house employee. However, they can be more expensive than hires from in-house and are referred to in the role of “guns for hire” and may be quite scattered in terms of career.
In reality, nearshore developers make a lot of money, especially when they’re compensated in US dollars as we do. We allow our clients to profit from our recruiting and training efforts, as well as our development. Therefore, not only will you have the option of selecting from a pool of top-quality talent that has similar working hours and time zones, and work schedules, but you’ll also be able to save money when compared to hiring offshore. That means you’ll get higher-quality software developers at less than the cost.
2. Time Scale
One of the advantages of employing nearshore workers is that you have the option of deciding how many employees you’d like to include in your team. It is possible to increase the number of workers you employ when you need a project to be completed more quickly.
The direct relationship between the number of employees and the speed at which projects are completed lets you turn around the development of software in just less time. If you’re seeking to speed up your projects and get them completed as quickly as you can, then the versatility of nearshore contracting is a major benefit for your company.
3. Communication
A major reason that makes nearshore workers a great business opportunity as compared to those working offshore is the flexibility of having the same time zone. Instead of having to wait for hours for your work schedules to align it is possible to immediately communicate with your colleagues.
Being on the same schedule facilitates easier meetings. Furthermore, since Latin America has good to excellent levels of English and Spanish, you’ll be able to communicate with ease.
At iTechnolabs, We have an interviewing process to test the developer’s proficiency in the English language. With a group of competent English fluent speakers and native English speakers, you’ll never have a problem talking to your nearshore developers.
Related Article: Offshore Software Development Process – Benefits, Challenges, Costs and More
Why is iTechnolabs’ Outsourced Nearshore Software Development Trusted Across the Nation?
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At iTechnolabs, Our client list is an exemplary example. With an elite team of the best Latin American software engineers, we ensure that each project we are collaborating on is completed perfectly. We have a full nearshore programming group with excellent communication channels and a welcoming team of highly skilled professionals with experience in the entire spectrum of software development tools.
If you’re seeking to speed up the delivery times or increase the technical capabilities of your workforce and get access to flexible tech solutions, call us and make an appointment now.
