There are certain issues connected with business development that can become pressing irrespective of your business’ size. Be you a CEO of a global company, business partner in a technological startup, or managing executive in a mid-size family business – there are alarming signals that you need help. A software development help.
Scale your business with limited risks, process bigger quantity of leads, or enlarge existing projects without hiring expensive specialists – one big question here – should I look for a third-party technical partner?
Technological partnership with a software development company is a form of business relations that seems just perfect for an IT industry. Here is why we believe so. You need great software as a foundation for your company: your market success, loyal users, and sales of your product – all that depend on a great software product you will use.
Here at Perfectial, we consider technological assistance or in other words software development partnership as a new engagement type that replaces classical outsourcing models but supports advanced cooperation approaches, like Agile for instance. Now let’s have a closer look at the conditions when a company needs to consider this or that software development partner.
You understand that the work you do, service you render, or product you are planning to release will cost you a fortune. You start thinking that cost saving strategy becomes your top priority. In such a case, a technological partnership can help you get access to top quality specialists at lower rates than if you continue hiring specialists as you did before.What is remarkable, that the level quality of the word done for you won’t be reduced, but usually will be even higher. You save funds by eliminating costs associated with hiring employees, like medical and other insurances, professional training, taxes, etc.
What is the best about working with a software development vendor, is that by eliminating costs connected with employees your business require, you receive independent and expert peace of mind. Custom services or products delivered by highly-trained, experienced, but not that financially unaffordable are right there for you if you consider it as an option.
By delegation the technological components of your business you free resources, time, and funds for other needs like marketing, customer relations, human resources, etc. Once again, your business becomes more effective.
It’s true, that any company has a limited resources (human resources, funds, time, etc) and maintaining all of your business’s needs appropriately will spare your company’s key resources. Outsourcing your software development services to a third-party vendor will definitely free up at least some of the resources to streamline infrastructure, find better distribution channels, or even increase a satisfaction and motivation level of your present employees.
Similar to the previous chapter where we discussed streamlined daily operations and allocation of resources, time is such a valuable resource the need of which is felt badly. By delegation the technological components of your business you free your most valuable resources as your time for such needs like marketing, customer relations, human resources, etc. Once again, your business becomes more effective.
Try to evaluate your own time, be honest and put down how much does your working hour costs. You can find out that you are spending time on something that could have done by an expert for a lot less than your time is worth.
If you feel that your resources and time are spent irrationally, you definitely need to rearrange your resources paying special attention to your precious time.
You need a specialized expertise of a set of skills but you are not sure you’ll have enough work to keep an employee in-house. Or your company plans to occupy a particular technological niche by introducing extremely innovative software product or service, expert thoughts, heads, and engineering talents are just the right decision for you. You can look for and attract as many software development experts to ensure all your questions and technological issues receive complete answers.
Adding another technologically expert party to a development of your software product has one more positive side and it’s financial rationality. Let’s say you are introducing a marketing automation system with sophisticated machine learning algorithms. Sure you will need a practising mathematical analyst. Better several of them and better smart ones. Just imagine a figure the preserving of such engineering specialists in-house will cost you though.
Even though outstanding software expertise simply could not cost you nothing, but be sure outsourcing, in this case, will save you more than a pleasant sum.
First of all, that’s great news for you – your company attracts users and arouse interest. Though you have no other way but to reject at least some of the potential incoming projects. The legend as it is.
Of course, there are other way outs of this situation like hiring more personnel but that’s quite a challenging task to complete. Scalability – it’s a feature that should be fostered and if it’s not among your company’s main values as of the moment you need to launch a project – you should probably look for another way out of the situation.
Looking for a technical partner to help you implement this or that project can be as short-term as long-term solutions to the situation. Establish relations with one or several trusted vendors can spare you from a huge amount of hr-related work. Not to mention costs (see the first item).
Even if you are a big boss, we’re sure you sometimes would rather be the satisfied customer instead. Basically, this statement perfectly denotes the entire meaning of outsourcing as a concept. Now the explanation.
When you hire a traditional employee, you can’t be always sure they’ll do their job right. You need time, as you invest in them and wait. Even if your candidate is a perfect match for a specific position, productivity monitoring is a tough task to perform.
When you address a software development company, the entire work on your product takes very different shape. Remember, you are a customer now and your biggest goal in such cooperation is performance. You can set desired goals, terms, and quality metrics. Besides, you have legal guarantees that your software development objectives will be met.
If you finally feel that the assistance from the technological experts, that means that you next should be harmonization of a common objective. Sounds complicated, but it is not always that easy to find a company that will share your objectives, will have a perfect business reputation, and excellent technological expertise.
Our advice is to look at the development project in a long perspective. Even if you are sure it will take no more than two weeks, the possible outcome might run over the planned time. It is a win-win attitude of the both parties that are the biggest success factors under all the technological partnership relations.
Moreover, if you finally has chosen a technology company to become your software development partner, be honest not only with you and your need but with that company as well. You should be able to delegate the authority and respect the technological decision of your new partner. Both parties should work upon a mutual goal that is building collaboration on a strategic level, establishing a strategic relations through long-term engagement conscious elaboration of the responsibilities of each party.
As you might conclude, optimizing costs, delivering complicated projects, quality issues, acquiring new specific expertise, and other constructive business reasons often force companies to start considering outsourcing options. For these reasons, Perfectial offers tailored technology partnership programs for different types of businesses, just check it out here: