The key benefits of partnering with a software development company

Categories: Business Insights Date 25-Nov-2022 3 minutes to read
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    As budgets shrink and operational costs continue to rise, more and more companies worldwide are turning to a software development partner.

    According to projections, the outsourcing market's revenue is set to reach a staggering US$806.55bn by 2030. From fintech and healthtech to logistics, recruitment, SaaS platforms, and blockchain, companies across industries are embracing software development partnerships to expand capabilities and improve performance.

    But what does software development partnership look like in practice?

    Software development models: how to choose the right partner?

    When building a partnership with an external software development company, organisations typically choose one of three models – depending on their goals, budget, and operational needs.

    • Onshore software development - choosing a technical partner within the same country. For example, your company is located in Germany and you choose to outsource your software development to a company within Germany.

    Pros: time-zone and cultural alignment; 

    Cons: higher costs, limited technical talent pool;

    • Nearshore software development - sourcing a software development partner in neighbouring countries. For example, your company is located in the UK and you choose to work with an adjacent company in Europe, such as Serbia. 


    Pros: similar time-zone compatibility, better access to specialised domain expertise, and more cost-effective rates compared to onshore teams.

    Cons: less financially competitive than an offshore software development.

    • Offshore software development - means working with a team located further afield, often in a different continent or time zone. A company in the Netherlands may, for instance, extend their team by collaborating with developers in Asia or Eastern Europe.


    Pros: the most competitive pricing, along with access to a global talent pool;

    Cons: time zone challenges can make real-time collaboration harder, language differences can lead to misunderstandings, cultural misalignment;

    What are the benefits of partnering with a software development company?

    Cost efficiency

    One of the most obvious reasons for hiring an IT team extension is to reduce costs. Having in-house software expertise includes wages, holidays, benefits, recruitment costs, taxes, and other costs. While you could opt for a freelance developer and avoid additional spending, this often carries risk and higher hourly costs than finding a software development partner in a similar time zone. With no capital expenditure, your technical partner gives you access to skilled domain experts or a dedicated team – ready to deliver from day one, without the capital expense or operational burden.

    Access to a larger talent pool

    Partnering with an external software development company opens your business to a new world of talent. DevOps engineers, software engineers, QA engineers, data scientists, business analysts, and product owners, all with deep domain expertise, become available to you through one partnership.

    Your chosen technical partner will fit your needs rather than trying to source as many of the skills and attributes as you can from one freelancer or new hire.

    Scalability

    With a global shortage of skilled developers, having immediate access to technical expertise is a significant competitive advantage. A trusted software development partner gives you a ready-to-go team that’s already trained, tested, and aligned, so you can scale quickly when it matters most.

    Market trends, shifting consumer needs, economic conditions, and competitive pressure all demand agility. A flexible partnership allows you to adapt quickly and grow with confidence.

    Faster time to market

    Bringing a product to market quickly – without compromising on quality – can make all the difference in staying ahead. A software development partner with established processes, dedicated teams, and technical expertise helps accelerate delivery and reduce delays.

    Instead of building everything from scratch internally, you gain on-demand flexibility that’s already built into your partner’s way of working – enabling faster implementation, streamlined collaboration, and predictable results.

    Lower risks

    In partnering with a software development company, you benefit from their established processes. A trustworthy partner cares about their reputation and will do its best to take the weight off your shoulders and mitigate risk, leaving you with high-quality software solutions.

    Your software partner is also well-versed in emerging technologies and trends, and can proactively alert you to emerging opportunities. This added layer of support gives you a

    Are we a match?

    Since 2008, Vega IT has been partnering with companies around the world to deliver high-quality, scalable software solutions. What started as a small group of friends with a shared passion has grown into a team of over 900 skilled domain experts – and we’re still led by our original founders.

    Today, we combine deep technical expertise with flexible engagement models, proactive communication, and a commitment to long-term partnerships. From early-stage ideation to full product delivery, we’re here to support your goals – and grow with you.

    Let’s explore what we can build together.

     

    Real People. Real Pros.

    Send us your contact details and a brief outline of what you might need, and we’ll be in touch within 12 hours.