A recent report indicates that IT leaders are going all in with a 38% surge in offshore development plans for the year 2023. This percentage rockets to 60% for firms with larger software teams. This shift totally makes sense. The other options are either doing nothing or going all out to try and attract local talent from bigger rivals, which can be costly.
Offshoring taps into skill-rich regions, expanding talent search beyond borders. Instead of just banking on the UK’s small pool s https://rik88.bet/ https://1go88.vip/ of developers, going offshore gives British companies access to top-notch software engineers from places with a talent surplus.
And when it comes to offshore possibilities, India takes the lead as the ultimate hub for forming dedicated software teams.
Why India Is The Preffered Choice for Dedicated Software Development Teams
India’s got the skills and the scale to create world-class software teams. A recent report forecasts India to house over 5 million software engineers by 2025, potentially even surpassing the US. Investment in STEM education, evident in 1.08 million computer science students, fuels this surge.
Bangalore alone, with its bustling tech scene, is home to a whopping 1 million engineers. But it’s not just about the sheer numbers – India really nails it when it comes to English fluency and global teamwork experience.
India brings more to the table than just a big talent pool. With 60% lower living costs and 88% cheaper office spaces, it’s a budget-friendly dream for tech. But while huge savings are possible, it’s smart to take a balanced approach to maintain quality.
What About The Offshoring Challenges in India?
Offshoring might seem like a simple fix for the local talent shor