In-house development vs. outsourcing
Comparing these two approaches may have started in 1989 when Kodak first gave its software project to 3rd party developers.
IT outsourcing is projected to grow by $98 billion by 2024.
I will try to outline in the abstract the essential taglines that could help you to decide.
Besides the fact that the cons of developing in-house are:
The cost: You must develop and compensate your talents and be responsible for the growth (and withering too).
Slowing the pace: Finding viable candidates and training new staff can slow things down.
Specialization: Special knowledge or training can be hard to find, and specialists are hard to hire.
The turnover rate can be high: IT talents are in high demand, and you’ll have a tough time fending off poaching attempts by competitors and recruiters.
There are several pros, of course: the team is aligned with your company’s culture, direct communication, immediate support, and onboarding.
In the case of choosing the outsourcing path, there are some cons, such as not complete control, communication barrier, or trust issues, which I will address later in this post.
The pros, on the other hand, are very understandable:
Cost-effective: You can get a more cost-effective team when you outsource your project than by hiring individual developers in-house, hiring talented developers at a lower price, and retaining their services for the future.
Access to a large pool of talent: Outsource companies have access to a larger talent pool than internal teams.
Faster turnaround times: Quickly move from one production stage to another without much delay compared to in-house teams who need time for training and onboarding new employees.
No technology restrictions: It can be hard to keep up with all the innovations in the market. But by outsourcing development, you don’t have to do so. You work with tech experts with extensive experience in dealing with a wide range of technologies and know what works best for each project.
As promised, the way to eliminate problems with the outsourcing paradigm, in our case (the LET ME team), is to create a vibe of confidence and openness with the new client, to give both sides a structured and upfront agreed way of communication, conveying project status with simple yet rich with information tools, and most of all to show your Honesty and Integrity from day one. Show your “under the hood,” don’t panic in case of discrepancies or bugs, and collaborate with the client, so they feel you take responsibility and work on their project as if it is yours.
All of the above will help establish the proper procedure, but most of all, give your client the vision that you are cooperating but not confronting.
Generally, being honest is good, but being a genuine organization is better.
If you want to check how it looks and feels, send us a note – let’s drink coffee and discuss your next project.