Business
How Hiring Offshore IT Professionals Will Benefit Your New Business
Offshoring can be defined as the hiring or relocation of a business to another country. Commonly used by millions of companies (both small and large-scale) around the world, it is seen as a lower overall expense, as there is no need for a physical premise, high wages, or pensions.
The traditional way of looking at the offshoring process is that it is seen to result in a poorer quality of work, for the convenience of work being delivered swiftly.
This fear puts many companies off doing it, despite it having great benefits (which have been discussed thoroughly by FullScale.io) that will help your business, and in particular a new business, thrive.
When starting a business, the immense cost of setting it up — from building the team to grow the brand — may cause it to be a slow burner. IT services are crucial to running a successful modern business, but these can come at a high cost; most of which consists of a large initial outlay of staff and equipment.
Therefore, if you can outsource these services, costs are saved and productivity, in the long run, will increase. This is especially important when you’re a new business that is looking to avoid large start-up costs. It could be the difference between your vision becoming a reality sooner rather than later.
Although offshoring/outsourcing has also been previously known to carry communication issues (due to language barriers), this ‘drawback’ could be avoided when starting a new business if you create project management tools or correspond with your overseas IT professionals regularly.
By clearly defining the role they are facilitating within your IT infrastructure and business, in a straightforward way and giving them precise guidelines for projects, any IT problems can be resolved quickly and efficiently. The differences between the time zones have also previously been seen as a sticking point.
However, by arranging 24-hour production and communication, business will continue to run smoothly.
Even though at first this may seem labour-intensive, with some initial cost outlay, in the long run, stacked up against the money and time that would otherwise be spent on hiring and paying the wages of in-house staff, offshoring can become a viable business solution.
A hybrid approach to creating a successful business IT team is by having a combination of in-house IT staff and an offshore IT team.
This way, if you have urgent priority issues (such as a server going down), these can be dealt with extremely quickly by your in-house team, and those less urgent matters — such as ongoing maintenance and upgrades can be assigned to the offshore team.
This approach to prioritisation blends the efficiencies of an in-house team with the cost benefits of an offshore one.
You might also utilise an approach like this to continue work around the clock. An in-house team can be tasked on a project, and work through your business hours, dealing with business priorities and client requests as they arise.
When their working day is done, they can hand over the reins to the offshore team, who continue development and work through the night. This way your business can stay productive for longer, at a lower cost to you, no matter what the hour.
So why not go the whole hog, and just employ a full team of IT professionals, around the clock, in your own premises, in your own country? Well, this is a viable approach; if you have the cash.
As a new business owner, you’re probably looking for the minimum viable solution to your problem, and the cost is usually a large motivating factor in any decision you make. Whilst an in-house, country-based team will undoubtedly yield results and give you oversight, they are not cheap.
Making IT professionals work unsociable hours, and in your home country, usually comes at a much higher cost. A cost which could be potentially better invested in planning an offshore management strategy, branding, marketing campaigns, and other overheads that a new business faces.
Finally, whatever solution you choose doesn’t have to be permanent. Perhaps as a new business owner, offshoring is the best initial action for you to take, but as you grow and build your business, your requirements will change. As you scale and adapt to your sector, there may be more you can pass to the offshore team.
If you start your business model with offshoring built in, it’s more likely to scale with you as you grow and become an efficient, cost-effective solution to help your business thrive.