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Updated: April 5, 2022
There is excellent value in SaaS (Software as a Service) outsourcing if you plan to develop an SaaS application or expand an existing one. Since many businesses have moved towards virtual services, there are many instances when you may require SaaS. It is not feasible for most companies to hire an in-house team as these services are only needed on a per-project basis. Even if you are a tech-based company, you may benefit significantly from outsourcing SaaS. You cut costs, but you also have access to an experienced team of professionals.
The catch lies in finding the right service provider to collaborate with. Here are ten great tips on SaaS outsourcing to help you make the best decision for your business.
What is SaaS?
SaaS, or Software as a Service, encompasses all the steps of developing and maintaining software, from planning, design, coding, testing, integration to implementing the final product. You can choose to hire an in-house team or outsource the entire project. Most companies rely on the latter because of the cost-effectiveness and efficiency.
If you are planning to outsource SaaS Development, there are three models that you can choose from:
Part-Time Outsourcing: This is when you have an in-house team but require additional resources or higher expertise to complete some tasks. You only outsource a portion of the project with part-time outsourcing while the rest is assembled in-house.
Dedicated Team: You can hire an entire team for a project. It is the ideal option when you do not have the time to train an in-house team or the necessary resources to manage a large-scale project.
Fixed Price Model: When you do not have much scaling up or drastic changes to make with your product, a fixed price model is your best bet. It is a one-time investment to get a dedicated team or an individual developer to work on your project and deliver it within the said timelines.
With SaaS outsourcing, you also choose between onshore, nearshore, or offshore outsourcing. Onshore is when you outsource within your geographic location, and nearshore or offshore is when you outsource outside your geographic location. When working with a tight budget, offshoring is your best bet. Countries in South Asia, Eastern, and Central Europe are the best options for you as they help you find the expertise you need at the most affordable prices.
No matter what option you choose when outsourcing your SaaS development, there are some factors that you should keep in mind to get the best outcome.
Here are ten great tips to help you with your search for the ultimate Saas Development outsourcing options:
Why Outsourcing SaaS is a Better Option
Now that you know how to choose the right SaaS development company, you must also know why outsourcing is the best option for you. If you have the budget and the requirement, you can hire an in-house team, no doubt.
However, if you choose to outsource, here are the benefits that you get:
A more comprehensive range of technical expertise: When you choose the correct SaaS vendor, you get the advantage of a team with diverse skill sets and expertise. They have experience working for different domains and completing more complex products. This knowledge puts them in a position to find the most efficient solutions for your project.
You don’t have to worry about staffing: A shortage of skilled developers is a real issue. HR professionals agree that the biggest challenge is hiring qualified tech experts. You must also provide increments according to company policy, manage the payroll, train your in-house team, and put in several resources to ensure that they deliver the quality you expect. With the IT market growing so fast, finding a talented in-house team will remain a challenge for several years to come. On the other hand, outsourcing allows you to work with an already well-established team.
Lower costs: Studies show that outsourcing SaaS requirements can cut your budget by almost 40%. Most vendors are also hired on a contract basis. This means that you can plan your budget more accurately.
Time to the market reduces: Time to market is a crucial factor for any Saas project to be successful. You must introduce your idea into the market before anyone else does to get the returns that you want. In that case, there is no room for error. When you outsource the project, you can save valuable time that would otherwise be spent on hiring and onboarding a cross-functional in-house team.
No need for micromanagement: You can leave the development part to the experts and work on the business strategy. Outsourcing your project allows you to work with trained professionals who can plan and execute the entire project without micromanagement.
If you are convinced that outsourcing is the right choice for you, get in touch with Bitcot today. We give you access to qualified professionals who can build your project from scratch. Our experience, knowledge, and network in the SaaS market help you get the best value and returns on your investment.
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