5 Smart Tips for Evaluating Your Potential Offshore Partner

While building an offshore development team, it’s crucial to choose the right offshore partner. Having a well-experienced offshore partner with you on your vessel will have its own advantages while setting on a course to stranger tides. Some of the advantages of having an offshore development partner include reduced operational hustles; bypassing recruitment, payroll, & infrastructural costs; and elimination of any legal complexities, among others.

On the downside, the inability to choose the right offshoring partner may lead to complications, which may prevent you from reaping the benefits of offshoring to their fullest. In worst cases, it may give rise to operational challenges emerging due to poor infrastructure, technical shortcomings, and poor communication. All this may end up increasing operational costs, further compelling you to extend your runaway. That’s definitely NOT why you went ahead to build an offshore team, right?

Then the next question, which may arise here is, “How will you choose the right offshoring partner?” Well, that’s exactly what we are going to decipher in this blog. Here, we are going to discuss the five most important factors that you should consider while building an offshore development team.

Choose an Offshore Development Company That Understands Your Exact Requirements:

Firstly, your offshore partner should clearly understand your organizational goals, values, and culture. Secondly, they should understand and deliver exactly what you want to achieve by building an offshore team. Thirdly, they must be able to guide you with the team size that you may need to achieve your goals, the exact skillset, and any other relevant information.

Choosing an offshore partner that has experience in handling projects, which are similar to yours will always be an added advantage. Asking for references and learning from them about the potential partner company’s offshoring capabilities may also aid here.

Gauge the Offshore Development Firm’s Business Goals and Financial Stability:

The next most important aspect to consider here is understanding your potential partner’s business goals and ensuring that they align with yours. This will help you decide whether the shortlisted offshore partner is right for your business. Make sure that your outsource partner is financially secure, as this is a critical factor in outsourcing. Moreover, detailed financial information about your potential partner will give you a clear idea whether they can match upto your expectations.

Cultural Compatibility Of The Partner And Transparency Of The Offshore Development Services You Will Be Availing:

When choosing the right offshore partner, ensuring that you and your outsource partner are culturally compatible is probably the most crucial parameter to consider here. Teaming up with a partner that understands your organization and employees can work wonders for your business. This will further ensure that your offshore partner will hire candidates that are a perfect fit for your organization. Good communications will assure higher transparency by building trust, further proving advantageous for your offshoring relationship.

Infrastructure and Technology Of The Offshore Software Development Company:

Visiting your offshore partner’s workplace and finding out whether they have state-of-the-art infrastructure and the latest technology is equally crucial. This will help you to investigate whether they have the right equipment to handle your projects. It will further help you to understand their processes, methodologies, and existing teams better.

Offshoring involves sharing sensitive business information with your offshore partner. Hence, it is critical to ensure that such sensitive information is handled with the greatest care. Furthermore, you must also choose an offshore partner that conducts network & security audits regularly to protect sensitive data and prevent data risks.

Flexibility of Operations and Post-Development Support Provided By The Offshore IT Company:

Flexibility is also crucial while choosing an offshore partner. The potential offshore partner must be flexible enough to serve any urgent code modifications and other emergencies, which may arise. They should be capable of leveraging the time zone difference to enable round-the-clock operations for your organization. This will positively impact your time-to-market and maximize profits.

Before you zero down on an offshore partner, know whether they would provide support, post project completion. It may come in handy to resolve any bugs & issues that might arise after project implementation.

Microsoft, American Express, CISCO, Ford, and Oracle are only a few among several tech giants that have already built their offshore development teams in India. On the other hand, several startups and SMEs are also reaping the benefits of offshore development teams, including cost-effectiveness, access to a large talent pool, higher flexibility, time zone advantage, and several others. We hope this blog helps you to choose the right offshore development partner. Good luck!