Nearshore software development is the practice of working with a software development company that’s located in a country with cultural alignment, similar time zones and lower operating costs than your country.
Strategy
Many startup founders in 2022 had to scramble to find new ways of funding their projects when the VCs suddenly stopped throwing money at them en masse. This has meant that startups have had to get creative in order to continue operations. As a result, many startups are looking for partners who can help them develop software in order to stick around until the next round of funding kicks off. Nearshoring in Latin America may be the best option to expand your burn rate.
Nearshore software development is a form of outsourcing that lets businesses work with an external vendor to develop and maintain their digital products. Instead of relying on an in-house team, which can be extremely costly, or going offshore and dealing with the language barriers and cultural differences (and more costs), nearshoring allows your company to access skilled professionals from another country at reduced rates without compromise. Nearshore teams are high-quality and reliable, offer high returns on investment, help reduce the risk level involved in using third parties for business purposes, and allow for seamless workflows.
DevOps is a philosophy and methodology that aims to align application development and operations teams with the goal of creating a culture of automation, collaboration and measurement. This approach allows organizations to improve their ability to respond to changes in the market and customer demand while reducing operational risk.
The world is facing a workforce shortage, and it’s only going to get worse as tech becomes more important across all industries. The hardest jobs will be filled by companies that offer competitive salaries and benefits plus an environment where employees feel valued. The smartest ones will find ways to get talented people working for their company without sacrificing those perks or alienating existing staff. One way is outsourcing talent in Latin America, which provides access to a deep pool of well-trained professionals at lower cost than hiring onshore programmers.
