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Showing posts with the label Outsourcing Software Development

Outsourcing Software Development: Pros and Cons You Need to Know

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In this era of Automation and artificial intelligence, where Information Technology is a critical factor for successful Business Development. Small-Startup companies tend to overlook its importance and go with some quick ready made solutions that most of time fails to satisfy them and their clients. Which is not the best decision for a company that does not specialize in technologies. All the Time and money spent on Custom Software Development and maintaining an IT division will not be able to bring the desired results , as it requires resources, time and training to get a perfect IT team. But, There is always a hero coming out of the shadows to save us- IT Outsourcing Software Development. It has a lot to offer and also some weak points. In this article we are going to give an overview of all Pros and cons of IT Outsourcing Software Development your IT needs. When do you need an Outsourcing Software Development Company? Most important reason to outsource is lack of responsibilities.

Benefits of Outsourcing Software Development for Various Industries

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  Today, every sector and every business needs software. Outsourced software has contributed immensely in automating unproductive tasks, accelerating sales through CRM and analytics and led to business growth. While every industry needs software outsourcing, there are six industries in particular, for whom softw are development outsourcing has yielded phenomenal results.  # 1 Retail  Amid bankruptcies in 2019 and 2020 in the retail sectors, US-based retail stores - Wayfair and Chewy -  experienced record results. Wayfair reported two consecutive quarters of profits due to a surge in its online customers. Chewy, on the other hand, posted "record" net sales while its net customer count went up to 17.8 million. This was the result of using software outsourcing for customer acquisition.  How has software development outsourcing transformed retail? Contactless digital wallets/apps like Apple Pay, Google Pay etc.  AI-powered customer analytics  Voice shopping with Alexa or Siri.