Why Outsourcing Your Dedicated Tech Team is a Smart Move for Startups

Startups redefine the boundaries of what is possible in the business world. Be it innovative products making a wave in the market or cost-effective and convenient services disrupting the established order, startups edge out their corporate peers through their agility and efficiency. In today's world, behind the success of a startup in any field lies a solid foundation in technology. While some start-ups prefer to stick to developing in-house expertise, this can be a time-consuming activity that leads to the diversion of resources from core business activities. This is where outsourcing their tech team might be a game-changer for startups.

Build and Scale with Confidence

One of the hardest things to do is to get any product or service to the market. Setting up an in-house tech team from the ground up takes a lot of time, which includes the time taken to recruit, onboard, and train. Outsourcing opens the way for startups to have a ready-to-go team of experienced developers, designers, and engineers who can kick-start a project at any time. This reduces time to market, helping startups profit on market opportunity and gain the much-needed competitive edge.

Startup ideas require careful nurturing. Even a truly disruptive idea could fail in execution if the tech behind it is not sound enough. This means that finding the right set of technical developers is as important as having the right business idea. Outsourcing tech requirements allows startups to access an enormous talent pool scattered all over the globe specialized in countless competencies. Be it a data scientist, mobile app developer, or cloud architect, an outsourcing partner will help the startup get the perfect talent for their project. That way, the business will be well-positioned with the right team and the right skills to develop a robust and scalable product.

Protect the Bottom Line with Outsourcing

Even if startups create a dedicated tech team of their own, maintaining the team entails massive overhead expenses, starting from salary and benefit packages to the provision of office space and equipment. With startups expected to offer higher than market average CTC packages in today’s job world, having a specialized in-house team comes at an enormous cost. Retaining tech talent is another hassle for startups. In such a hyper-competitive market, losing their best techie could be just a job offer from a rival away. 

Outsourcing can help in this kind of a scenario. With outsourcing service providers, startups can pay for only the services which they need, with no long-term commitments, and save their limited resources to focus on other critical areas like marketing, sales, and business development.

Startups usually operate on limited resources, needing to channel them judiciously, and having to justify every dollar spent to their investors. Outsourcing tech needs helps with this as it allows startups to generate a greater return on investment.

Mitigate Risk, Maximize Results

Startups are characterized by rapid growth and constant change. Tech needs are often unpredictable and sudden for startups. Outsourcing tech requirements allows for the flexibility to increase or decrease the size of the tech team as needed. Whether it is the ramping up of product development for a new launch or downsizing when things get slow, an outsourcing partner is able to help startups adapt to such changes. This ensures that startups always have the right level of expertise to support their business goals.

For startups, it’s not just about taking the risk in what hiring model to follow, often, their whole business is built on risk. Development of new technology is inherently risky. Startups navigate uncharted waters in the hopes of coming out unscathed, reaching where no business has ever reached before; or drown amidst a wave of competing businesses. By outsourcing their tech team, a portion of that inherent risk can be transferred to an outsourcing partner. Established outsourcing providers have strong processes and quality assurance measures in place to minimize the chances of project failures and to ensure successful delivery of the required product or service for startups.

Since the outsourced partners already have established processes and methodologies for software development, this brings in better quality and efficiency as opposed to an in-house team that would need to be formed from scratch. Not only this, but the outsourcing providers also facilitate access to new tools and technologies which can later be used to boost the pace of development and increase the overall quality of the product.

An overlooked aspect of outsourcing is that it enforces collaboration and innovation. Working with a brilliant team of people from various backgrounds assists startups in developing fresh views and ideas for their business.

Your Partner in Product Success

At Your Product Partners (YPP), we appreciate that each startup has its own set of unique challenges. We provide hiring solutions that are flexible and scalable in building world-class tech teams. Our pool of developers has been handpicked, ensuring that only the finest talent makes it in for your mission. We have different engagement models that will meet your needs, whether for a dedicated team, individual consultants, or project-based support.

Engage with Your Product Partners to get to market faster, tap into the best talent, save costs, and better manage core competencies in your business. Let us help you turn your business vision into reality.

If you are considering partnering with iView Labs, contact us at https://www.iviewlabs.com/talk-to-us. Our team quickly responds to your queries, and if you are interested, we can get started in no time. Visit our website www.iviewlabs.com, for more information.