Do you know what is the ultimate aim of every organization in the industry? The answer is pretty simple – maximizing profits. However, we all know that it’s easier said than done.
To maximize your profits and returns, you must have a solid business strategy ready at hand and all the requisite resources to help realize your master plan.
Building a successful business can be overwhelming as there are thousands of things to take care of. This is where offshore development services can provide you with a competitive edge in the market.
Offshore Product Development (OPD) is not a new concept – it has been around us for decades under the guise of outsourcing. The concept started gaining pace back in the 1980s when American and European companies started harnessing cheap labor from countries like India and China.
Today, Independent Software Vendors (ISVs) do not just create opportunities for minimized costs, but they also ensure that your ROI increases to a significant extent. Offshore development services allow ISVs and IT companies to allocate their resources adequately and in the right avenues to maximize the ROI.
The primary aim of OPD is to free up the resources to develop quality products optimizing the ROI as well as retaining customers.
Today, more and more ISVs are inclining towards OPD, the major reason being, it paves the way for cost optimization.
It is a known fact that hiring a new in-house team means added overhead expenses. Hiring a team includes the cost of buying additional office space, software/hardware equipment, etc.
Also, many projects come with short-term commitments. In such cases, creating a full-blown in-house team is not feasible. It only increases the overhead cost while pulling down your ROI.
So, rather than going through the trouble of creating an in-house team, it’s way easier to partner with a trusted offshore development service provider who is fully equipped with all the necessary technical and manual resources.
As they take care of managing and handling your resources to help build innovative products, you can shift your focus on fortifying the other core aspects of your business. In the long run, your ROI is bound to increase as you are able to better manage your resources while shedding off unnecessary overhead costs.
We at Affle Enterprise have developed applications for enterprises and startups, each built for a custom use case.
For any queries regarding enterprise app development, drop us a line at enterprise@affle.com.
December 1, 2018
AI is a technology that is fairly developing or in the completion stage…
Read MoreSince Apple released iOS 7, its completely revamped operating system for the iPhone,…
Read MoreAching for a bigger iPhone? You may be in luck, because if The…
Read MoreFor long, the UAE has been deeply invested in emerging as one of…
Read More“Whilst they were busy doing all the work, she made her name by…
Read MoreIt might seem like New Years arrived early for Apple enthusiasts once again with Three…
Read MoreToday, mobile apps have become the most prominent tool to cater to the…
Read MoreThe Internet of Things (IoT) is a relatively new concept that’s impacting us…
Read MoreWhen you run a business, the first thing you must do is to…
Read MoreSamsung’s latest financial results underscored slowing growth in the smartphone business and its…
Read More