Benefits of Outsourcing Software Development for Various Industries
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.