It doesn’t matter if you are a large company with years of experience or a startup looking to bring your first software project to reality, offshore outsourcing can provide plenty of benefits, particularly when it comes to the costs. If you are ready to reduce your expenses, among other advantages, we are going to take a closer look at how much it costs to develop an app today.
Outsourcing is defined by the distance of the team that takes on your project. It can be onshore, nearshore, or offshore. Offshore outsourcing is when the service provider is in a different country, or even continent, to you.
Within each type of outsourcing, there are various models. You may choose to outsource in order to add a certain talent to your in-house team, or you might decide to outsource the entire project. Each model will have its advantages and disadvantages that will depend on your project needs. Let’s take a look at the overall pros and cons of offshore outsourcing.
The Pros and Cons of Outsourcing
The Pros of Outsourcing App Development
- You can find the exact skills you are looking for
It might be that you need a specific skill set that you won’t be able to find in your local area. Also, hiring developers yourself does take a lot of time and resources. Offshoring your app development lets you scale up your team with the specific talent you need. You have a great amount of flexibility.
- Your project will benefit from a wider range of technology
App development requires multiple programming languages, frameworks, APIs, etc. Your in-house team will probably have a preferred technology stack but when you bring in an offshore developer, you will add developers to your team that has experience with other languages, the better results you will get.
- You will save time and money
In terms of your budget, if you choose locations in Eastern Europe for your outsourcing, you will be able to benefit from hourly rates that are far lower than many other locations around the world. With the money you save, you will be able to hire more developers to get the project completed sooner.
- You may be able to take advantage of the time zones.
This will very much depend on your location and the location of your outsourcing provider, but for example, if you are in the States and you choose one of the Eastern European countries, you will be able to communicate with your developers as they start their day and you end yours. When you wake up, there will be progress.
The Potential Cons of Outsourcing App Development
- You may experience delays
A reliable outsourcing company such as TeamExtension also has good time management skills and can prioritize so that you don’t experience delays.
- It’s cheaper but not necessarily cheap
There are still cheaper solutions (such as freelancers) but you need to weigh up the experience and specialized skills of the outsourcing developers compared with the price.
- The time zones
Just as they can be an advantage, they can also be a disadvantage, especially if you are limited to just a short period of time to communicate with each other.
How Much Does It Cost to Outsource App Development in 2020?
It’s quite possible that you have found a way around the potential negatives and you have decided to outsource your app development to an offshore provider. Now it’s time to look at your budget. Bear in mind that there will be many factors to consider, for example, the requirements and complexity of the app. Costs will also very much depend on the seniority of the team members you require.
How Much Does It Cost to Make an App in 2020?
Again, it will depend on the app you plan to develop, the number of functions, the stages of production, and the testing. A basic app can cost $5,000 to $10,000 to develop. Social media apps may be as costly as $100,000 and a ride-sharing app that is far more intricate can cost $1,000,000.
Rather than following the traditional route and attempting to hire an in-house developer, take time to do the research for your project and your specific needs. It’s very likely that when you look at the budget for both options you will appreciate the advantages of offshore outsourcing app development.