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7 Reasons to Consider Software Development Outsourcing

Submitted by stellasw on Mon, 10/10/2022 - 09:34

“Software development outsourcing is critical for the survival of organizations in the expanding digital age as it supports agility, scalability, and flexibility.”

Companies in the contemporary market aim to attain digital transformation goals. With time, businesses — irrespective of size and location — may have realized the importance of digital practices. IDC (International Data Corporation) forecasts that global digital transformation investments will grow at a CAGR (Compound Annual Growth Rate) of 16.4% in the next three years to reach $2.8 Trillion

Despite such investments, the real challenge lies in meeting the ever-changing demands concerning infrastructure, applications, products, and customers. And the inability to meet these demands results in massive business loss. Therefore, organizations — from start-ups to Fortune 500 — must seek software development outsourcing services rather than invest in building in-house capabilities. Here are some key reasons businesses must consider software development outsourcing as their key digital strategy.

https://stellasw3.medium.com/7-reasons-to-consider-software-development-...