Advantages of your own offshore technology team:
- Ongoing production costs are lower.
- Software Engineering and related salaries can be significantly lower. According to CodeSubmit the average salaries for software engineers in 2022 were:
- USA $110,140
- Germany $52,275
- Spain $36,323
- Portugal $25,331
- Secured Intellectual Property (IP) rights and knowledge retention. Proprietary knowledge stays within your company and can be used again.
- A company will have greater control with its own offshore team than outsourcing to a third party. An outsourcing vendor works independently to complete necessary tasks, which might cause a loss of quality control and efficiency.
- Extend your culture and mission. Although a separate remote team, a Captive Offshore Development Team extends the companies core culture and mission.
- Your own team is more likely to understand what the output should be and point out potential errors before too much money is spent on development. We have all heard: “The outsourced offshore team delivered what I asked for. I really wish they delivered what I had meant to ask.“
- Direct team management empowers better engagement.
