‘Change is the Only Constant’ – Trends Go Up & Down in IT Outsourcing Summary Offshore software development companies are minting business today, since the project execution methodologies are being adapted heavily. With IT Outsourcing getting increasingly popular across the globe, there are certain trends that are getting popular and some which are decreasing in their significance. Have a glimpse at the pointers which are being highlighted as the trending ones and those which are diminishing.
“Do what you do best and outsource the rest” – Peter Drucker. This has been the basic fundamental with which the IT outsourcing industry has been ruling the globe since a long time now. It isn’t everyone’s cup of tea to bask on everything, especially when it comes to technology, which is the fastest growing fraternity all over the world, irrespective of the size, segment and type of domain that is adapting itself to the swift technology wave. Even IT enterprises are turning more premeditated and are partnering with other IT outsourcing partners for a better quality, efficient and superior digitization. Offshore software development is here to stay, so says the n number of users leveraging the potential of this engagement model that has carved a niche for itself all around. The market for outsourcing sector is sure to instantly increase in demand, with an exponential growth the in the escalating needs of the clients. IT Outsourcing is turning out to be a major route to encourage modernization and efficiency in the enterprise. With such a huge engagement model creating waves, trends are bound to be generated on a continuous basis which showcases the rise and fall of a mix of technologies, approaches and changing client needs. Annually, trends keep changing. In offshore software development companies, some trends rise, some fall and you see a new mix and match of novel patterns coming up each time you view the IT outsourcing sector on a bigger scale. Because of umpteen external factors like enterprise digitization, cloud computing, business intelligence, project execution methodologies like DevOps, Agile, enterprise mobile apps, newer tools and technologies etc., there are some trending observations which will continue to rule and some which will slow down over a period of time, fading away its significance and making way for new ones.
5 IT Outsourcing Trends Soaring High in Offshore Software Development Companies •
Centralized Multifaceted IT Solutions Are In Vogue
With so many technologies encompassing multiple fraternities, IT solutions are now getting synchronized and merging into uniform solutions. There is a centralization being observed instead of individual solutions being floated all over. Integration and talking with third party systems is the in thing now, leading to a single unit talking to all other systems. This straight away, lowers the cost and increases the synergy between functional units to the maximum, thereby, increasing revenue and profits. Be it different languages, frameworks, environments, functionalities, domains, geographies, there are maximum attempts to synchronize the IT solutions into centralized structures rather than individual units. •
Cloud Computing Is Going Stronger
The globe is anyways moving onto the cloud and on an increasing spree, the cloud computing is going mature and gone are those days of hosting apps on web or desktops. Everything is on the cloud now. Clients are inclined towards the cloud usage more and more with different permutations & combinations, increasingly getting available as per needs. The hybrid cloud trend is turning quite popular since it has the right mix of both the public as well as the private cloud. •
Machine Learning Is Gaining Momentum
For IT outsourcing solutions that are difficult to handle through software automation, machine learning is the key which is increasing in popularity since it turns out to be quite cost effective, speedy, productive and efficient in terms of processes. •
Value Added Innovation Is Needed
With so much competition around, technology is already over exposed and there are various IT solutions spread all over. At a time when there seems like a saturation in the IT scenario, enterprises now look for value added solutions with a certain amount of innovativeness rather than just focusing on the cost factor. If your solution is the typical routine one, there is no demand of it anymore. Offshore software development companies need to come up with novel solutions to allure the client and retain their loyalty to escalate their business to a new level, altogether. •
Captive Offshore Development Is Getting Popular
Of the three major types of engagement models, onshore, offshore and captive, the trend is moving towards the captive offshore model, where in offshore companies, based on the mutual terms and conditions, maintain a complete decorum of an individual captive unit that works for the client with full security, secrecy and discipline, not to let out a single piece of information to the outer world. 3 IT Outsourcing Trends Lying Low in Offshore Software Development Companies •
Low Cost Services and Solutions Are Obsolete
In the environment where the client is giving prime importance and there is a special emphasis given on value added service and quality driven approach, there is now a less emphasis on low cost solutions which could be playing a compromise on quality and robustness. Clients now don’t want to have low graded solutions but rather spend a little more to get innovative and highly scalable solutions. •
Hype for Automation is Going Down
There was a trend once which accelerated the process of not opening up the results of the automation process to the end customers, which is why there was a gap between the automation process and results. Now, that trend is vanishing with automation results well before the clients along with the processes and no type of hiding anywhere. •
Remote Management Services are Turning Low
Because of the existence of the cloud, the entire IT setup is available on it and hence the importance of remote infrastructure is getting less day by day. Enterprises are moving onto the cloud and hence remotely accessing information is getting obsolete. As a popular offshore software development company in India, SPEC INDIA’s superior infrastructure, high quality, budgeted cost, technology and communication skills are key reasons why any enterprise looking in for Software outsourcing services get attracted and are here to stay. With international standards to comply, resources @ SPEC INDIA are committed to quality, perseverance and technical excellence. Associate with SPEC INDIA as an offshore software development company and leave the rest to us.
Visit https://www.spec-india.com/approaches/engagement-models/ and request a FREE POC to Test Drive our services.