Gain competitive advantages by outsourcing software development to India

In today’s cut-throat competitive market, every company requires standing on their toes every single time. Businesses need to focus on their core competencies and thus requires the right kind of software systems and automation tools to support them. But, the biggest question arises here is, whether to purchase a ready-made software (which may not fit the requirements), or get a customized software developed in-house (which is very complex and costly) or outsource the same to some software development specialists?

Out of all the options available, the outsourcing option seems to be sensible as well as economical. It gives an organization the opportunity to focus on their core business, rather than getting into a complex job of coding, which requires expertise. Moreover, it makes a great business sense, as it helps in reducing the costs and increasing the profits.

Software Outsourcing has been a long-term practice for most companies in US and European companies. Earlier only short term projects were outsourced to achieve cost benefits, however, the success of outsourcing to Software Development Company in India to deliver the projects have now extended to offer greater benefits.

Software Outsourcing offers several business advantages and to experience them, it is critical to hire a professional software development company. Business advantages offered many, like:

• Cost-effective: Since its inception, software outsourcing companies have been benefiting their clients with cost saving that have become the biggest benefits which are offered to the clients. By hiring an outsourcing firm, a business can expect cost reduction by 30% - 50% or even more.
• Latest Technology: This is one of the main benefits of hiring a software outsourcing services as the company does not need to worry about the investment in current technology. The outsourcing partner keep them updated with the cutting edge technologies and use them while delivering their client’s projects. Clients do not need to think twice about the software version as that would be automatically considered by the technology experts while developing the project.
• Manpower Utilization: While hiring an outsourcing service, a company will be assured of getting their project done by the expert professionals. During their project, all useful resources available by the outsourcing company can be utilized well such that their skills, expertise, and knowledge benefits the software development projects.
• More Focus on Business: On hiring an outsourcing firm, a company can focus on their business activities more and take the most important decisions for their business. With the outsourcing service, an executive can concentrate and execute their plans instead of managing the entire process. The planning can be done and implemented well by having the project outsourced.
• Round the Clock Availability: Due to the outsourcing projects, the time zone of the countries also varies which means a client will get the accessibility of their projects around the clock.

India has emerged as an IT hub and the best destination for outsourcing software development. The software development companies in India are known to deliver the high quality software, web and mobile development solutions to their clients. By learning about the benefits, companies can make a better decision and take a step forward to start outsourcing in India. In this article, I have listed few reputed IT companies in India, which are providing software development outsourcing companies globally.

Tata Consultancy Services
TCS is a renowned face of Indian IT industry holding good reputation by being a global IT outsourcing service provider. TCS has experience of delivering projects across various industries like bank, healthcare, government, telecom, retail and many more. Internal Corporation has ranked TCS as number 1 IT Service Provider for manufacturing in Middle East, Europe and Africa in 2014.
 
Infosys
Infosys is a big powerhouse of IT industry operating software outsourcing, technology, consulting and business services. They help the enterprises who thrive for success by creating avenues to generate business value. The company focuses on enterprise solutions including big data, mobility, cloud computing, and sustainability.
 
Wipro
Wipro is a global IT outsourcing, information technology and consulting firm leveraging worldwide clients with industry wise experience, comprehensive services, and high level technology expertise. Known globally for their innovative approach, they have standardized core process to delivery business value solutions. With the today’s rapidly changing IT demands, Wipro facilitates IT services to every industries and market.
 
HCL Technologies
HCL is a multinational IT company that has demonstrated remarkable growth in delivering global IT outsourcing services, application, engineering and business services using cutting edge technologies. HCL has expanded its services to various industries to deliver business solutions across various business verticals including finance, aerospace, energy, electronic and many more.

Tech Mahindra
Tech Mahindra is SEI CMMi Level 5 Company offering solutions and services include software outsourcing, mobility, enterprise business solutions and consultation. Owned experience in various platforms like OrderFix, Tecnico, mEMS, OrderVu and Socio, HCL has been known in providing tangible business value. It offers notable tangible business solutions to stakeholders.
 
Mindtree
Mindtree is a global IT and outsourcing company. The company has served various industries including banking, insurance, enterprise, manufacturing, retail, and others. Their application management and infrastructure expertise help the companies in getting customized business solutions to add more digital value.
 
TatvaSoft
TatvaSoft is a CMMi Level 3 software development company and Microsoft Gold Certified partner that offers software development services across multiple industry domains like Travel & Hospitality, Oil & Gas, Retail, BFSI, Media & Entertainment, Sports, Education, Logistics, and others. They offer software development services across the technologies, like Microsoft .NET, Java, PHP, SharePoint, Big Data, and Mobile.

Mphasis
Mphasis caters in expertise in various industries like Energy, Capital Markets, Hospitality, Manufacturing, Healthcare, Government, and others. They have good presence globally by providing the solutions like Digital Customer Experience, Billing, NextAngles. Mphasis has been honored by Corporate Liveware with Innovation and Excellence Award for Global Technological Solution Services.

Hexaware
Hexaware is a global IT outsourcing, consulting and BPO service provider which has been delivering business solutions to clients globally. Worked with small, medium and big size companies, the company serves across industries like Healthcare, Insurance, Financial services, Banking, Travel, and others. They are known to provide enterprise business solutions having customer value.

NIIT Technologies
NIIT Technologies Limited is a global IT outsourcing solutions provider serving customers in Asia, America, Europe and Australia. NIIT has been serving industries like Banking and Financial, Travel and Transportation, Manufacturing, Insurance, and Media. They have been helping the business with Application and Development services, Infrastructure management, Digital services and Business Process Management.

Summary
Software Outsourcing services have become an important part of the business strategy which helps the companies in saving money and gaining competitive advantages globally. By effectively choosing the right software outsourcing services, the functioning of the companies will get smooth resulting in benefits.