Building Lightweight and Efficient Solutions
Software as a Service (SaaS), the technology, which involves licensing access to cloud-based software, is one of the fastest-growing sectors in the technology industry. The global Software as a Service Market size is expected to gain momentum by reaching USD 716.52 billion by 2028 while exhibiting a stellar CAGR of 27.5% between 2021 to 2028. Popular applications like Salesforce, Slack, Microsoft 365, Google Apps, and more have introduced consumers and working professionals alike to the world of SaaS, and interest in this type of software will only increase as companies continue to look towards cloud solutions as a way to reduce the size and memory requirements of consumer devices. However, because most companies simply do not have the existing staff or infrastructure necessary to take on these massive projects, software outsourcing has become the most popular solution to the new SaaS challenge.
Common SaaS Development Challenges
The biggest problem associated with SaaS development is the sheer amount of time and resources necessary to build a piece of software from the ground up. Independent estimates say that the average time it takes to bring custom software from concept to finished product is 18 months. Importantly, that timeline assumes that you have a large, highly-specialized group of software engineers in place ready to get started–a luxury most businesses do not have. If you don’t have a staff in place, expect to spend months figuring out your team´s needs, sourcing candidates, and sitting through interviews looking for the right fit. Or, you can avoid most of the challenges associated with this type of product by working with an experienced Saas development outsourcing company.
Benefits of SaaS Software Outsourcing
Like most other tech companies, SaaS ventures typically operate on a shoestring budget focused on reducing initial development costs and maximizing the return from their finalized software. Because of these limitations and the intensely competitive nature of the SaaS industry, it is incredibly difficult for companies in this arena to have the budget to hire the sort of large, highly skilled internal development teams necessary to produce a minimum viable product (MVP) that can connect with consumers. That’s why many companies, large and small alike, turn to outsourcing when undertaking a new SaaS development project.
Software outsourcing companies help startups in a variety of ways. Staff augmentation involves hiring skilled software engineers to supplement your staff on an hourly basis only for the exact amount of hours that their high-pay, high-knowledge work is necessary. Experts may be brought in for a few days during crunch time, while other contractors may work within your firm long-term. On the other hand, some companies opt to outsource their entire development process to an experienced end-to-end delivery team, capable of translating a rough idea into a polished final product. Whatever your needs, your outsourcing partner should help you create a cost-effective plan of action that allows you to add hyper-specialized developers to your company as soon as you are ready.
Reduces Manager Burden
Perhaps the biggest burden that managers face throughout the SaaS development process is sourcing and hiring the right staff. This is a time-intensive project during normal business cycles, but it becomes even more urgent and challenging when hiring for a major development project. That’s why well-regarded software outsourcing services will help you figure out how to approach and work through your project in the quickest, most effective, and less costly manner before you begin the candidate sourcing process.
In addition, the professional recruiters at the top software outsourcing companies work with technology specialists exclusively and have a list of talented, hyper-specialized software engineers ready to start a new project on cue. This helps to save your management team time and frustration, freeing them from the candidate recruitment and hiring process and allowing them to focus on their current team and software goals.
Faster Project Completion
By working with a SaaS development outsourcing company with recruitment capabilities, you can avoid the unnecessary challenge of finding and hiring the right people for the job. Recent estimates agree that it takes an average of a month and a half to hire tech employees (http://dhihiringindicators.com/wp-content/uploads/2017/09/2017-09-DHI-Hiring-Indicators-FINAL.pdf), there is a huge amount of time that you can save by outsourcing recruitment.
Furthermore, highly-skilled augmented staff does not need the sort of company onboarding and on-the-job training that your typical, in-house developer needs to get started. Companies like BairesDev, which only work with the top 1% of talent in the tech field, have a bullpen of qualified and experienced software developers that are unreachable to all but the most competitive companies throughout the world.
Find the Right Talent
For the modern American company, one of the most harrowing challenges that they face is finding the right talent in a competitive job market. The Annual CIO Survey found that 65% of technology leaders said that the search for tech talent is one of their industry’s biggest challenges (https://www.hnkpmgciosurvey.com). However, thoughtful tech leaders can sidestep this problem through software outsourcing–and by working with outsourcing partners who have a wide network of experienced software engineers ready to begin their next project today. Just as importantly, their recruiting staff is can identify which software engineers are best suited for your organization given your internal capabilities, budget, and project goals.
Learn from Others
An incredibly difficult aspect of the SaaS process is that management should fully understand the SaaS development cycle, their customer needs, and the challenges that the project will likely bring. However, no matter how experienced your management team is, they can undoubtedly benefit from working with outside advisors who have overcome those very same challenges repeatedly throughout their careers.
Outsourcing software development allows you to bring in the most sought-after experts in the SaaS development field without the need for a drawn-out hiring process and, even more impressively, allows you to add them to your team almost immediately since your outsourcing partner will have these engineers on-call. These specialists can help you identify potential problems well in advance of deployment, solicit useful customer feedback, and use their years of hard-won experience to help you speed up the development process and avoid unnecessary work.
Flexibility After Development
In the midst of a major software development project, most employees don’t have time to think ahead to next month, much less next year. But, one of management’s primary responsibilities during this time period is to make sure that their team is prepared for the next steps once the software is brought to market. If you hired a large, highly experienced permanent staff to assist with your SaaS development project, what will you do with all of the new hires who are no longer needed full-time? This is a problem that many businesses face post-project, and the solutions are not simple.However, if you outsource Saas development from the very beginning of your project, you can simply thank your temporary team members for their hard work and contributions and wish them well on their next project. This is an enviable position to be in: managers who followed the old system of hiring a full-time staff are trying to figure out how to reduce their budget and put these employees to work, while those who outsourced development are looking towards the future and reorganizing their augmented staff for the next big project.