The State of Software Development Outsourcing in Vietnam in 2019

The State of Software Development Outsourcing in Vietnam in 2019

In the past decade, the software development industry has been evolving at a paid pace with the introduction of new technologies such as Artificial Intelligent and Machine Learning, Internet of Things (IoT), Cloud Technology, and automation. Software development outsourcing has proved to be a successful solution for so many years as outsourcing helps business organizations accomplish their IT projects while saving costs at the same time and other benefits.

However, time is changing and many are starting to speculate as to whether software outsourcing is still effective or not. The answer is, software outsourcing will always remain relevant. The incoming advanced technologies, together with digital transformation will serve as a boost to software outsourcing, in contrast to the notion that these new technologies will deter the growth of the software outsourcing industry.

Software development outsourcing in Vietnam in 2019

Certainly, these advanced technologies allow companies to automate many part of their businesses. Still, these new forms of technologies are still largely at the developing stage and it would be difficult to hire experienced and capable developers to work on the IT projects required. Thus, software development outsourcing will not only stay relevant, but also remain necessary. Here’s why:

Outsourcing to Vietnam is Cheaper

Software Outsourcing still remains as one of the most affordable and attractive choices for business organizations. Because setting up an in-house IT team of experienced developers from scratch is expensive and time-consuming, more and more companies will continue to employ outsourcing services to accomplish the same IT goal at a cheaper cost.

By choosing to outsource software development projects to Vietnam, businesses can save up on many extra overheads which they would have paid for otherwise including: rent and utilities, hardware and software tools as well as other licensing costs etc. No doubt outsourcing development project to offshore software companies in Vietnam is among the better choices.

Access to Large IT Talents Pool

When hiring local talents, not only it is more costly and limited in quantity but also there’s no guarantee the candidates will stay at your company for the period required. Outsourcing provides a safer option as there is always a ready stream of developers who are well-versed in the technologies needed for the project and be accessed to in a short moment of notice.

As companies have access to large pool of IT talents, they will now have the chance to carefully select the employees whom they find suitable for the project. Also, businesses can now properly screening candidates, something that wouldn’t have been feasible if their choice was too limited.

Allows Business to Focus on Core Competencies

For companies that are not in the IT business, outsourcing custom software development enables them to have more time and effort to focus on the core competencies as well as other critical parts of business that requires extra attention, like customer acquisition and retention, product development, capital management, and others. Delegating affords companies the power to effectively control their time and resources in order to achieve more with less.

Outsourcing Results in Increased Productivity

Not only it is cheaper to outsource, companies can allocate the saving expenditure to hire extra professional workers to focus on the important part of their business processes. Since the outsourcing team has already taken care of the non-core tasks, employees now have more time to focus on working to achieve their important business goals or annual target. As a result, productivity is increased and quality is expected to come next.

Benefits of Partnering with Software Development Outsourcing Companies Vietnam:

Here are the top benefits of hiring custom software development companies in Vietnam:

Access to Advanced and Latest Technology

Software developers in Vietnam always keep up-to-date with the latest technologies such as Artificial Intelligent and Machine Learning, Blockchain, Cloud and DevOps, and others. In order to thrive in the age of digital transformation, companies either will adopt and apply these new technologies across their business or be left behind in the competition. The choice for hiring local talents who possess the skills and experience with such technologies could prove to be limited and quite a challenge.

Thus, hiring software developers in Vietnam who always keeps a close watch on the latest technologies will allow business organizations to accomplish their IT goals which required advanced technologies.

Dedicated Team of Developers

Offshore software outsourcing companies in Vietnam are flexible in providing co-operation models to customers companies. Particularly, organizations have the choice to outsource a part of the project or entirety to the offshore Vietnam Company. The team of developers can definitely work as a dedicated team or an extension of customers’ existing team, transferring all essential knowledge and expertise to the team.

Moreover, being able to hand pick team of developers ensures that each customer company is provided with a solution tailored made in accordance to the specific project needs.

Agile Methodology in Software Development

Agile methodology provides the flexibility that many customers companies require when outsourcing. Furthermore, Agile also offers visibility & transparency, allowing customers to be updated with the actual progress of the projects. This is an important requirement for their project management. Many offshore software companies in Vietnam have successfully adopted Agile for their software development projects providing quality services to their customers.

Young and dynamic team with strong English skills

English skills among Vietnamese software developers are usually higher than the country’s average. This will allow smooth communication between development team and client, which is an important factor ensuring projects success. The enthusiasm and passion of the young workforce in Vietnam motivates them to take up on new challenges, especially when it comes to projects requiring latest technology such as Blockchain, Virtual Reality (VR) or Augmented Reality (AR), and others.

Broad Industry Experience

As the software development business constantly changing, outsourcing partner with limited or basic domain knowledge won’t be sufficient to meet the customer’s demand. Not thoroughly understanding customer’s business make it difficult to produce the final result as desired. In the past two decades, there have been numerous software development projects of many sizes outsourced to Vietnam, enabling outsourcing companies to accumulate broad industry experience.

Having domain knowledge provides allows outsourcing companies to deliver software at highest quality for the best possible value.

Conclusion:

To sum up, 2019, like the years preceding, will continue to be a year where software development outsourcing remains an excellent choice for business organizations including start-ups and other well-established brands alike. It is also expected that the technological advances will serve as a boost that benefits the software development outsourcing industry. In particular, the rise of Artificial Intelligence and Machine Learning as well as automation will certainly increase the demand for IT and software outsourcing project.

Outsourcing software development to Vietnam proves to be an effective business solution that is affordable, providing attractive benefits such as IT talents selection, access to the latest technologies, and an overall increase in productivity as well as IT goals accomplishment.

TP&P Technology is one of the leading software development companies in Vietnam, we can help you build impactful software applications for your business at an effective cost with all the new technologies required while still maintaining quality standards. Contact us today to experience our service at no cost.