The internet transformed totally the way we work and communicate. Do you want a software program ? No need to create your own software development firm, you can outsource the job!
What is outsourcing ? Outsourcing is a business practice in which services or job functions are farmed out to a third party. In information technology, an outsourcing initiative with a technology provider can involve a range of operations, from the entirety of the IT function to discrete, easily defined components, such as disaster recovery, network services, software development or QA testing. Companies may choose to outsource IT services onshore (within their own country), nearshore (to a neighboring country or one in the same time zone), or offshore (to a more distant country). Nearshore and offshore outsourcing have traditionally been pursued to save costs.
The back office operations of a company tend to expand during rapid growth periods. This expansion might start to consume your human and financial resources at the expense of the core activities that made your company successful in the first place. Outsourcing these activities can allow you to refocus your in-house resources on the activities that make you profitable without sacrificing quality or service. Example: A company lands a large contract that will significantly increase the volume of purchasing in a very short period of time. Consider outsourcing purchasing responsibilities. Your personnel are now free to focus on the contract itself.
Offshore outsourcing to a country like Bulgaria, which is on a different time zone, gives you the added advantage of making full use of your 24 hour day. Your outsourcing partner can take over and continue your work even after your employees go home. They can complete critical tasks and send it back for your review the next day. Outsourcing certain independent tasks, allows your business to maintain a financial flexibility when there is an uncertainty in demand. You can scale up or down comfortably. At a much lower cost, offshore outsourcing provides additional benefit of running your business in full throttle even during off season and holiday months.
Apart from the cost advantage, the other much touted benefit has to do with the time zone differential between your country and the location you are outsourcing to. Get your job done while you are closed for the day and wake up to your service being delivered the next morning. This unique advantage gives you the benefit of round-the-clock business operations. Make your service offerings better with high quality deliverables and decrease the lead time it takes for your product to reach the marketplace. Thus you would be faster in getting your ideas converted into products and better at delivering the value-added proposition.
Our specialists can support your AI engine with Supervised, Unsupervised and Reinforcement Learning models. We plan, build and deploy working Machine Learning packages which will meet your business needs. We build the world’s most exciting blockchain and cryptocurrency projects by implementing the mechanisms necessary to either run your own blockchain or build your business logic on top of smart-contracts, pre or post ICO. Read extra details at Software Outsourcing Services.
CodeCoda is a software development service company with 150+ highly skilled software engineers onboard that power innovative technology businesses. Since 2015 CodeCoda has formed lasting partnerships with global industry leaders and over 300 other medium and large-scale enterprises. With delivery centers in Bulgaria and Ireland we deliver advanced software engineering and deep expertise in a range of high-tech verticals including finance, banking, healthcare, hospitality, gaming, gambling and content management. At the core we are helping our clients to innovate and implement technology transformations.
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Source: https://codecoda.com/en