Outsourcing software development is no longer just a trend, but a smart business practice that saves money and opens new horizons in the development world. It saves precious time that might otherwise be spent finding and hiring developers, building a development team, and managing all the processes involved in a project.
According to Statista, the global outsourcing business generated $92.5 billion in revenue in 2019, and demand for outsourcing continues to grow every year. According to Deloitte statistics, companies that outsource can save up to 70% in development costs.