The 8 most important indicators (KPIs) to evaluate the effectiveness of software outsourcing providers

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Initiating a new software development project requires selecting the appropriate software outsourcing company—a critical decision. How can you ensure that your chosen company meets your expectations? Effective communication with the outsourcing partner is paramount for project success. Equally significant is the ability to monitor and assess the quality and progress of the project’s work. Research…

How to manage a remote software development team?

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In today’s fast-paced digital world, businesses rely heavily on software development across various sectors. As a result, there’s a growing demand for skilled professionals in this field. To address this need, many companies explore the option of hiring software developers from overseas. Countries like those in Asia and Eastern Europe have established thriving software outsourcing…

6 challenges of quality testing when outsourcing and solutions

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In today’s globalized and highly competitive landscape, many companies turn to outsourcing to cut costs, boost productivity, and concentrate on their core functions. According to a 2023 report by Precedence Research, the global IT service outsourcing market is predicted to hit around $1,149.24 billion by 2032. Quality testing stands as a crucial phase in every…

6 Strategies for Safeguarding Intellectual Property Rights When Outsourcing Software Development

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According to a 2019 survey by the USPTO, the total GDP from IP-intensive industries amounted to $7.8 trillion. Additionally, in Europe, these industries account for a significant 47% of the total economic output This shows that intellectual property rights (IP) play an extremely important role in the global economy. Especially in the field of software…

What is a kick off meeting? Steps to successfully kick off meetings in 2024

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According to research conducted by the Blekinge Institute of Technology, the project kick-off meeting is a crucial step in the process of integrating a new software outsourcing partner. This meeting serves to clearly define the project’s objectives, roles, and limitations, ensuring that all involved parties are on the same page. By establishing this alignment early…

Guidance on planning capacity assessment for software developers

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Capacity assessment for software developers involves strategically evaluating the team’s ability to adapt to changing technology and customer demands. It goes beyond ensuring there are enough skilled team members in the right places at the right times. This process considers various factors to work effectively. There are many other factors that need to be considered…

5 Key Considerations for Ensuring Data Security in Outsourcing

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Businesses today often opt for outsourcing to streamline operations, focusing on core development objectives while minimizing costs associated with internal team management. Additionally, outsourcing allows leveraging specialized technological expertise. However, one critical challenge in outsourcing is ensuring the security of business data, particularly in software development partnerships. Failure to address this concern proactively can leave…

3 steps to onboard outsourcing vendors effectively

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In today’s digital landscape, selecting and integrating an appropriate software outsourcing vendor is a critical decision that significantly impacts project outcomes. As per Deloitte, 88% of employers recognize the profound influence of a well-executed onboarding process on employee engagement. Likewise, the onboarding of a professional software outsourcing partner is pivotal in establishing a sustainable and…

Outsourcing Software Solutions for Finance and Banking

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In response to the challenges posed by COVID-19, many financial institutions have expedited their technological upgrades to better serve customers during the pandemic. According to Strategyand‘s 2021 survey, the most promising areas for outsourcing in the financial industry include credit cards, payment processing, and consumer loan processing. The willingness of banks to utilize outsourcing services…