The offshore software development industry emerged as a beacon of growth amidst the Covid-19 pandemic. While the global economy suffered, this industry thrived, showcasing its resilience and potential. Explore how offshore software development prevailed during these challenging times.
Offshore Software Development and the Pandemic
The Covid-19 pandemic is undeniably one of the worst calamities faced by humankind. This infectious disease has spread across the world, sparing no one. It has also left a large piece of the population in anguish and resulted in many companies being incapable of meeting their goals.
In such cases, companies sought after offshore teams who could help alleviate the stress while delivering excellent results. A study has shown that offshoring, in general, has increased rapidly since this pandemic.
In essence, software development outsourcing entails entrusting an external company with your bespoke software development needs, regardless of their physical location.
Software development in Bangladesh has been around for years but has gained more momentum during this pandemic. Bangladesh is one of the top countries that offer this service and there are many outstanding companies that work for international clients.
Covid-19 Effects on Offshore Software Development
The Covid-19 pandemic accelerated growth of the offshore software development sector considerably. In the UK alone there was a 15.5% rise in job posts for positions in this industry which indicated that there was a growing demand for this service. And that’s just the UK.
The new work models and hybrid setups we adapted during lockdowns showed businesses that offshore teams are as efficient and productive as onshore teams, if not more. With the rise of applications like Microsoft Teams, Zoom, and Google Meet, communication is far easier than it used to be.
These inventions are a result of this global pandemic and have led to barrier-free communication with offshore software teams. Outsourcing is the future for several firms and for most has become a strategic asset.
Also, offshore software development is not just constricted to one or two industries. These services have been used by numerous industry verticals over the years and more so after the Covid-19 crisis.
Wrapping Things Up
Overall, the key point to keep in mind is that every business operates in a unique way. So, while offshore software development may work for you, it may not be ideal for someone else. Keep in mind that the future of offshore software development is bright, to say the least.
There are many scopes for growth and prosperity for a wide range of industries and niches with offshore software development. If you’re interested in working with an expert team for your next project, feel free to contact us and get started!
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