What Are the Benefits of Offshore Development Center?
Outsourcing has become a common practice in recent years but has its own set of disadvantages as well. Due to this, Offshore development centers took birth and these ODCs have proven to be assets for the companies that hire them. Due to the high labour cost in developed countries, they prefer hiring a third party rather than a country with all the required skills and experience available at a lower price.
India has proven to be the most preferred choice by these companies due to the amazing pool of talented services available here. India has some great software developers and testers who provide their services at much lower costs when compared to anywhere around the world.
Bangalore, called the IT Capital of India, boasts of having the greatest number of IT engineers when compared to any other country!
Advantages of Setting Up An Offshore Development Center in India
1. Cost-Effectiveness
If you hire somebody in the US or UK and as skilled and experienced as in India, the amount you would pay for their skills would be more than double of what you would pay an Indian employee. Since ODCs have their infrastructure, the companies are saved from investing in the infrastructure for software-related services hence saving a lot of money and increasing the value of it as well!
2. Technology Skill Sets and Expertise
India has some great technical expertise available to deliver software services on time. In Bangalore alone, there are many software companies and experts that can cater to the software needs of the bigger companies. India is home to diverse talent and can prove to be an asset to the companies looking for premium software solutions and developers.
3. Government Policy
How can an Offshore Development Center work without appropriate support from the government? The Government of India is extremely encouraging and understanding towards setting up ODCs which in turn gives way to the companies to set up an ODC in India. There is also a special task force called the NATIONAL IT TASK FORCE specially designed to promote the growth of IT in the country.
4. Good Communication Skills
English is a global language and the majority of communications relating to work are taken forward in English. In India, English is a priority language and therefore is widely spoken and known to Indians. This is always the advantage of being fluent in English not only makes communication easier with foreign clients but also creates a good impression on the clients.
5. Quick Services
The offshore development centers make sure that the work given to them is completed within the set timeline. This works as a major advantage to the hiring firm as they can meet their goals faster and can expand their business quicker.
India is a country full of talented and hard-working people. Because of the cost of living being lower than the other developed countries and the availability of intelligent and intellectual people, India is most preferred when it comes to setting up an Offshore Development Center in the country.
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