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Top Outsourcing Software Development Companies | 2024

Deciding to outsource a project and choosing the best outsourcing software development company that suits the job can be quite the challenge, especially with thousands of choices to choose from. There are thousands of companies to choose from and hundreds of factors to consider before zeroing in on that vendor that suits the needs and requirements of your company perfectly. We at Selected Firms have streamlined that process for you with a curated list of the best outsourcing software development companies that build custom software solutions, applications, websites and much more after an exhaustive research process to help you choose the perfect company for the job.

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Outsourcing Software Development Companies

Thinksys

A never-ending process of continual improvement

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440 N Wolfe Road, Suite #22 Sunnyvale, California, Sunnyvale

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400 - 500

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< $25/hr

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$5 - $40

Over the years, Thinksys has expanded immensely and are now a team of 400+ highly talented & skilled individuals, who work to offer impeccable services in the various field of software development, web & mobile app development, support, analytics, and a whole bunch of other software services

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20% Software Development
100% Outsourcing Software Development

Implex

Engineering your dreams

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Stefana Jaracza 24, Jerzmanowice

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11 - 50

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$50-$99/hr

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$10,000 - $20,000

Implex is a development partner for tech leaders of startups and scale-ups who are driven to develop sustainable and impactful products. Our community of top engineers, managers, and domain experts is dedicated to creating custom software solutions for companies in Europe and the US. We solve a specific client's problem by assembling the optimal team with the necessary skills and the minimum required percentage of involvement. Our engineers and managers are versatile, with a T-shape skill-set. They have extensive expertise, are technically advanced, poses an attitude that focuses on offering the best solutions.

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20% Software Development
100% Outsourcing Software Development

DigiMantra Labs

Idea, Innovate, Grow

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Plot No. C-212, Ground Floor, Phase 8-B, Industrial Area, Sec 74, Sahibzada Ajit Singh Nagar, Punjab 160055, Plot No. C-212, Ground Floor, Phase 8-B, Industrial Area, Sec 74, Sahibzada Ajit Singh Nagar, Punjab 160055, Mohali

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50 - 249

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$25-$49/hr

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$10,000 - $49,999

DigiMantra is a global IT service provider, offering a comprehensive suite of solutions including Digital Transformation, Cloud Computing, Cybersecurity, AI, and Data Analytics. With a strong global presence, we have established offices in strategic locations including Mohali, Ludhiana, Hyderabad, UAE, and the US, enabling us to help businesses succeed in the digital age. Our inventive and bespoke solutions fuel development and success, allowing customers to stay ahead of the competition. As a trusted partner with knowledge and adaptability, DigiMantra delivers results that influence the future of business in a fast-changing world.

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20% Software Development
100% Outsourcing Software Development

Superb Developer

Let’s Innovate Together

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1001 Acadia Dr, Plano Texas, United States 75023, Plano

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1 - 50

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$25-$49/hr

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$500 - $10,000

At Superb Developer, we help bring transformation to businesses with technology and innovative approaches. We provide top-class IT & HR solutions considering clients’ strategic business needs. Collaborate with us to enjoy web development, HR, SEO, and digital marketing services which are perfectly aligned to your industry.

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10% Software Development
100% Outsourcing Software Development

Budget Coders

India's No.1 IT Staffing Solution

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Jiwali Bazar, Rewari

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150 - 200

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< $25/hr

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$500 - $5,000

Budget Coders also offers a wide range of developer engagement options and availability to meet your diverse IT outsourcing demands. We are a team of people who are talented, innovative, creative, knowledgeable and experienced in digital marketing, web developers, mobile app developers, and e-commerce developers. Our experts develop, manage, and execute the project on schedule, at an affordable cost, and with the finest quality. We believe in building long-term relationships with our clients that’s why our services are completely trustworthy and transparent all over the world.

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10% Software Development
100% Outsourcing Software Development

Monarch Innovation

Don't just do. Achieve.

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3rd Floor, Dwarkesh Business Hub, opp. Home Town, Motera, Ahmedabad, Gujarat 380005, Ahmedabad

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200 - 250

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$25-$49/hr

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$500+

Monarch Innovation is a Design & Engineering company with based out of India with a variety of services offering Mobile and web development, Mechanical Design, and Bim services that serves clientele across the globe through its strategic partnerships, alliances & collaborations. Founded in 2009 by a team of seasoned technocrats & industry veterans; Monarch Innovation is an ISO 9001:2015 certified company, which is purely a technology-driven company catering to domestic & overseas clients. Monarch Innovation crafts custom solutions to help clients to re-engineer their manufacturing processes so that they can enhance upon their organizational efficiency & deliver optimum results. Monarch Innovation has a competitive edge in the industry with its state-of-the-art infrastructure and a team of highly experienced professionals. Innovation & Creativity are the two core values that are fostered at Monarch Innovation.

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10% Software Development
100% Outsourcing Software Development

Arabcalibers

Staffing , Software Development ,

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, Nasr City

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50 - 100

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$25-$49/hr

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$5,000 - $100,000

Arab Calibers (www.arabcalibers.com) is a consummate company in the contemporary consultancy, training, staffing, and professional services arena. The company has established in 2017 as an Egyptian shareholding company by a group of experts who are working in the software industry since more than 25 years. The company provides a set of services that are designed for both companies and individuals with the aim of: Building a new generation of Arab calibers with a set of technical and ethical skills that are in-line with the corporates’ needs though unique training programs. Providing organizations with the best services that enable them to achieve their objectives, increase productivity, reduce effort, and thus increase profitability through a variety of: Consulting Services. Training and Workshops. Recruitment and outsourcing. IT Professional Services. Our Services are governed by an outstanding and professional system to ensure the effectiveness, productivity, and continuous development.   Our Values We strive to adhere to a set of high ethical principles which are embedded in the following values: . Commitment . Accuracy . Agility . Excellence . Innovation . Effectiveness . Transparency

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100% Software Development
50% Outsourcing Software Development

1E9 Advisors

Thing BIG. Do MORE.

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Varsha Court, 66 Anand Park, Aundh, Pune

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1 - 10

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$50-$99/hr

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$50,000+

1E9 Advisors drives business success with strategy, software, solutions, and services by leveraging deep expertise in finance, markets, and software development.

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100% Software Development
50% Outsourcing Software Development

Profinit

Outsourcing Partner for SW Development & Maintenance

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Tychonova 2, Prague

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600 - 800

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$25-$49/hr

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$10,000 - $20,000

Profinit is one of the leading companies in Custom Software Development, AI & Data Science, Consulting and IT Outsourcing. IDC Research ranked Profinit as the 3rd largest custom application developer in the Czech Republic. Key clients: Erste Group, O2, BNP Paribas, KBC Group, Vodafone, Deutsche Telekom, Raiffeisenbank, Allianz, Société Générale, Prague Airport, CEZ Group, VIG (Vienna Insurance Group), Edenred, ING, NN, Darag, M.M. Warburg, Amplifi Capital, Confirmo, Bottomline, Nord/LB Profinit's services: Custom software development IT Outsourcing & Nearshore services Application management outsourcing BI/DWH design & development Big data & data science Enterprise integration Profinit's primary clients include banking, insurance, pharmaceutical and telecommunications companies in Central and Western Europe. The company also services a number of other private and public-sector organizations. Clients use Profinit's services and products in Germany, Austria, Benelux, the UK, and other countries, where Profinit operate in the nearshore mode. The company develops and maintains vital Internet banking systems and other bank applications, insurance policy management systems, B2B and B2C portals, EPM systems, fraud prevention solutions and even a mission-critical software system for an international airport. For more information visit the following websites: https://profinit.eu https://bigdataforbanking.com https://systemsmodernization.com https://cluemaker.com

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100% Software Development
50% Outsourcing Software Development

Scalent Infotech

We Provide Golang Specialized Development Services

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Balewadi Highstreet, Baner, Pune, Pune

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50 - 100

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< $25/hr

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$15 - $25

We Provide Golang Specialized Development Services, From providing Scalable Web Applications to crafting Efficient Microservices, our expertise lies in delivering Golang Specialized Development Services that ensure optimal performance, driving the success of your business. We Empower Global Businesses with Golang Expertise. From Startups to Fortune 500 companies, we offer a wide range of services tailored to their specific requirements, ensuring comprehensive support throughout their project journey. Golang Developers On-Demand -Hire Golang developers from us to work with your team. Dedicated Team - Our software team will work for you Software Development Outsourcing - Planning->Development->Launch->Maintenance is our responsibility Golang Test Cases as a Service - Our experienced Golang developers will help you to maximize the test coverage of your Golang codebase. Migration Service - Our Team will migrate existing Java, Python, NodeJs etc. application to Golang Python-To-Golang Migration Is Performance a concern? Golang's performance with concurrency can help significantly Migration Services | Scalent , Golang development company Java-To-Golang   Migration Is High Memory and Hardware utilization a concern? Migrating to Golang is the solution Migration Services | Scalent , Golang development company NodeJs-To-Golang Migration Is Single-Threaded architecture and CPU-intensive application a concern? Go is the answer Migration Services | Scalent , Golang development company PHP-To-Golang Migration Is application Performance and Reliability a concern? Golang can make your application blazing fast  

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100% Software Development
50% Outsourcing Software Development

DREAMDEV TECHNOLOGIES LIMITED

Your world-class software engineering partner

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, Naas

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55+

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$100-$149/hr

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$20,000+

50% Software Development
50% Outsourcing Software Development

Prioxis

Your partner in software development excellence.

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B-1203-1208, Titanium Business park, B/H Divyabhaskar Press, Nr. Railway Under Bridge, Makarba, Ahmedabad

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10 - 50

Inside Service Listing

$25-$49/hr

Inside Service Listing

$50,000+

Prioxis is a certified Cloud Development Company in India. We're building a digital hub for robust software solutions for Web applications, Mobile apps & Cloud Computing. We exclusively craft & strategically map business solutions to transform vision into reality & ideas into action. We're your Partner in the digital transformation of your business, app development, software development & overall Growth! Prioxis' vision is to be one of the best software development firms known for its exceptional software solutions.

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50% Software Development
50% Outsourcing Software Development

VelanApps

Development & Consulting

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The Green, Suite # 4539, Dover

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200 - 500

Inside Service Listing

$25-$49/hr

Inside Service Listing

$15 - $25

We are a software development company offering a wide array of products and solutions to design and develop your desired software product. Hire dedicated web and mobile developers for all IT services to fulfill your project with 100% satisfaction. Crafting tailored digital solutions for your business. Expert in custom software, website and mobile app development, delivering innovation and excellence for your business.

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40% Software Development
50% Outsourcing Software Development

SCD Company

Custom Software Development | Software Engineering and IT Consulting Services

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Nalbandyan 23/27, Yerevan

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30 - 50

Inside Service Listing

$25-$49/hr

Inside Service Listing

$3,000 - $5,000

Established in 2002, SCD Company is a leading custom software development agency offering expert consulting services to technology companies across Western Europe, the USA, and Israel. With over 50 large-scale projects and many medium- and small-scale endeavors, SCD boasts over 20 years of experience and expertise.  Headquartered in Yerevan, Armenia and a newly opened office in Dubai, UAE, with a global team spanning four countries, SCD Company utilizes the best tech stack and agile methodologies to create custom solutions focusing on clients’ business goals. SCD thrives on challenges, excelling in creating high-tech software systems with intricate business logic. All software engineers at SCD possess university degrees in information technology or applied mathematics, ensuring a solid foundation in programming language theory, algorithms, operations research, discrete mathematics, and application architecture.

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40% Software Development
50% Outsourcing Software Development

Arastu Systems

Empowering Success Through Innovative Software Solutions

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2690 S. White Road, #245, San Jose

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50 - 60

Inside Service Listing

$25-$49/hr

Inside Service Listing

$10,000 - $20,000

Arastu Systems is a new age technology company incorporated with the vision to ignite the passion for engineering. With Over 500+ projects delivered in 50+ countries, we have our offices in San Jose and Ahmedabad.   Arastu Systems is not just a company; it's a community of trailblazers, thinkers, and doers. Together, let's dive into a world of endless opportunities, where every line of code tells a story of progress. Ready to unlock the next chapter? Let's connect and explore the exciting narrative of technology at Arastu Systems. Our Services: Web & Desktop App Development | Cloud Enablement | Application Modernization | Business Intelligence and Data Analytics | Quality Assurance | IoT Implementation | Hardware Design | Embedded Software & Hardware

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40% Software Development
50% Outsourcing Software Development

Tplex

The Company of Experts

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Playa Vista, Los Angeles California, USA, Los Angeles

Inside Service Listing

50+

Inside Service Listing

$50-$99/hr

Inside Service Listing

$5,000+

TPLEX is a software outsourcing company. We provide companies with top tech talent and product development expertise.

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40% Software Development
50% Outsourcing Software Development

kash info solutions pvt Ltd.

"Empowering Innovation with Symfony"

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3021 Pin Oaks Cir NE ,, Cleveland

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1 - 50

Inside Service Listing

$25-$49/hr

Inside Service Listing

$0+

Kash Info Solutions Pvt Ltd is a dynamic and innovative technology company, providing PHP Symfony IT solutions to businesses across the globe. Established in 2016, our company has rapidly gained recognition as a leading provider of Software Development, IT Consultancy Services. Choose Kash Info Solutions Pvt Ltd as your strategic IT partner, and experience the power of technology-driven success for your business. Together, we can transform your vision into reality and achieve new heights of excellence. With a team of highly skilled and dedicated professionals, Kash Info Solutions strives to deliver tailored solutions that meet the specific requirements of each client. Our extensive experience across various industries enables us to provide comprehensive and effective solutions that drive growth and success. We offer services: Web development: PHP, Symfony, Sylius, Zend, Spryker, Vtiger, PIMcore, Shopware, Akeneo, Yii2 Custom web/app development SaaS Product development Cloud management solution IT software maintenance services Dedicated Resource Solutions Innovation starts with a powerful vision. Let’s work together to breathe life into your digital ideas. We give priority to customer satisfaction above all else. We work closely with our clients to understand their goals, challenges and aspirations. As a socially responsible company, we are dedicated to leveraging technology for society and the environment. We actively participate in community initiatives and support sustainable practices.

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25% Software Development
50% Outsourcing Software Development

Sipod

Your Strategic Software Solutions Partner

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Valterova 17, Beograd

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10 - 49

Inside Service Listing

$25-$49/hr

Inside Service Listing

$5,000 - $15,000

Unlocking Success Through Strategic Partnerships We believe in the power of strategic partnerships. Collaboration is at the heart of what we do. Our commitment to excellence extends beyond just our in-house team. Sipod actively seeks out and cultivates strategic partnerships that enhance our capabilities and deliver even more value to our clients. Expertise Across Industries, Every Phase of Development Our experienced team brings a wealth of expertise across various industries. We can guide you through every phase of the software development process, from defining solutions and crafting functional requirements to budgeting software projects. Our goal is to ensure your success at every turn. Ethical, Professional, and Reliable: Your Trusted Advisors At Sipod, we hold ourselves to the highest professionalism, reliability, and ethics standards. Our team of dedicated consultants is always available to help you navigate any challenges or issues you may encounter with your software development teams and projects. We take pride in fostering long-term relationships with clients worldwide, a testament to our unwavering commitment to delivering exceptional software solutions. Join us on the journey of digital transformation. Let's forge partnerships that redefine possibilities and drive your success.

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25% Software Development
50% Outsourcing Software Development

Techmates Technologies

An IT Infrastructure Company

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35 - 50

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N/A

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$0 - $0 - $1

25% Software Development
50% Outsourcing Software Development

Axe

The Future is Now

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Inside Service Listing

H-59, Sector 63, Noida, Noida

Inside Service Listing

15 - 25

Inside Service Listing

$25-$49/hr

Inside Service Listing

$5,000 - $10,000

Axe is a new breed of technology partner company providing end-to-end digital transformation services across tech enablement, integration and development together with strategy and consulting. We are a growing team with an extraordinary breadth of experience that yields continuous innovation so that our clients can deliver lasting value and thus make a difference.

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20% Software Development
50% Outsourcing Software Development

InvoTeams

Your Remote Development Partner

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130 NW 77th Ave, Pembroke Pines

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250 - 500

Inside Service Listing

$25-$49/hr

Inside Service Listing

$5,000+

InvoTeams is your reliable partner for rapid and seamless outsourcing and remote development solutions. We know the drill of vetting, screening, and hiring the best talent for Startups, SMEs and Fortune 100s and are ready to replicate the same success for you.   Our commitment:  Collaboration across time zones: US, Asia, and EU Developers matching up to 90% of Job Description Effortless Hiring within 72 Hours 97% Employee retention rate Services: Full-time Dedicated Software Development Team Resource Augmentation: In-House, Outsourced, Outstaffing teams Establishment of projects/fixed gigs/dedicated teams Timeless Staffing Out of Developers   Expertise: CyberSecurity Services AI/ML development services DevOps Blockchain Game Development/Metaverse MVP and ERP Development Product Design and Prototyping IoT/Cloud/Big Data DevOps AI/ML Software Development Ecommerce On-Demand App Development CyberSecurity Blockchain Game Development    Contact Now: sales@invoteams.com

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20% Software Development
50% Outsourcing Software Development

MLP Co

CUSTOM SOFTWARE DEVELOPMENT COMPANY

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, Kiev

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10 - 20

Inside Service Listing

$25-$49/hr

Inside Service Listing

$10,000+

At MLP Co, we are proud to be at the forefront of revolutionizing the world of development with our exceptional range of products and services. We are constantly updating our design standards and following industry best practices such as SOLID principles and design patterns. We implement CI/CD standards to ensure fast and efficient delivery of high quality software with minimal human error. Our team prioritizes communication and collaboration with customers to provide high quality products that meet their unique needs. Let us help you take your business to the next level!

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20% Software Development
50% Outsourcing Software Development

GrowExx

The Future is Digital and GrowExx is here to help you dominate it.

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1105, Shivalik Abaise, Prahalad Nagar, Ahmedabad

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50 - 197

Inside Service Listing

$25-$49/hr

Inside Service Listing

$10,000 - $15,000

The Future is Digital and GrowExx is here to help you dominate it..With an unstoppable wave of new digital tech like AI, ML, etc, understanding how to responsibly serve your clients and beat the competition is incredibly confusing and difficult. GrowExx is a team of 150+ technologists who are experts in the new digital marketplace. From vision creation to end-to-end digital execution we are here to help you streamline your growth TODAY. As an extended hand of your company, GrowExx will help you achieve the success you deserve. Optimize your business and celebrate your growth. 

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20% Software Development
50% Outsourcing Software Development

Silk Data

NLP, AI consulting & development, Machine Learning Engineering, Data Science and application development for the fields of education and e-learning, finance, marketing, retail and ecology.

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Domaniewska 17/19, off. 133, Warsaw

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50 - 100

Inside Service Listing

$50-$99/hr

Inside Service Listing

$10,000 - $1,000,000

We have been developing AI models with high data accuracy for more than 10 years, and our key experts have PhD degrees. Our team focused on NLP, AI consulting & development, Machine Learning Engineering, Data Science and application development for the fields of education and e-learning, finance, marketing, retail and ecology. With us, you will have a clear understanding of the entire solution development process thanks to a streamlined process and guaranteed reliable communication. With Silk Data, you can be sure that your data is in good hands. AI\ML software development? AI consulting? Application development (Mobile development \ Web development) ? DevOps Silk Data can design, implement, and deploy customized solutions that meet your specific needs and challenges. Whether you need to automate a business process, enhance a customer experience, or optimize a data pipeline, we can help you achieve your goals with cutting-edge AI/ML or traditional technologies. Products & Solutions Plagiarism detection system ? ChatGPT integration with customer database ? Large-scale Image Search System ? Web Crawling ? Predictive Analytics ? Text Summarization ? AI-assisted Search ? Contract Analysis ? Semantic Map     

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20% Software Development
50% Outsourcing Software Development

BitsHive

Custom Software Development | Agile & Secure Solutions

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4487 Brannon Street, Los Angeles

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1 - 5

Inside Service Listing

$25-$49/hr

Inside Service Listing

$1,000 - $50,000

BitsHive | Custom Software Development for Web, Mobile & Blockchain Apps. Bespoke Solutions | Agile Process | Dedicated Developers | User-Centric Design

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20% Software Development
50% Outsourcing Software Development
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1. What is a Software Outsourcing Company? What does the Software Outsourcing Company do?

To understand what a software outsourcing company does let us first understand what is meant by software outsourcing and what all falls under this. When a company chooses to have its custom software solutions developed by an external third party it is called software outsourcing. Thus, in simple terms delegating the task of developing software to an external vendor instead of doing it in-house is called software outsourcing. Software outsourcing has become an extremely popular and common practice nowadays with more and more firms opting for it over in-house software development. And this is for a good reason as the pros of software outsourcing outweigh the cons. An outsourcing software development company provides custom software solutions for your firm based on your needs and requirements amongst a whole array of benefits.

2. What are the signs for hiring an outsourcing software development company for your business?

Today’s business and digital landscape is constantly changing and advancing and in order to stay successful and on the top companies need to adapt and implement the latest technologies in their products and services. However, if your company does not have the expertise and technical know-how in a particular field or has limited resources at hand that is when an outsourcing software development company can come into the picture and help. Outsourcing is the answer when,

  • Limited resources at hand: When the company is on a limited budget, hiring in-house software developers can prove to be a huge expense. Hiring subject matter experts for software development in niche technical fields such as AI or Blockchain can end up being a costly venture for a firm, especially if the firm is a start-up.
  • Need for increased quality: In order to compete in the market at the highest level, the products and services of any firm must be of the highest quality. In case a firm feels that they lack the technical know-how or the expertise required to work on a particular project, then outsourcing can serve as an attractive option.
  • Flexible business needs: When the requirement at hand is short term, hiring an outsourcing software development company is a smart choice. With an outsourcing company a firm’s contractual obligations end as soon as the project is over. This is highly beneficial over hiring a full-time software development team by the firm.

3. Advantages of hiring a software development outsourcing company

With software outsourcing becoming an increasingly popular trend, let's understand the advantages companies get from doing this over in-house software development. Few of the key advantages are,

  • Quicker implementation and delivery: Outsourcing a project to an external vendor can help a firm save valuable time in recruiting the right personnel for the project. By outsourcing, a firm has ready access to the subject matter experts it requires to get the job done.
  • Access to qualified talents: Several outsourcing companies have personnel that specialise in a particular niche field and have ample experience in the same. The same cannot be said about the in-house software development team of a company. Thus, with regards to the subject matter expertise requirements of a project a company can hire an outsourcing company that meets their requirement.
  • Scalability Factor: Determining at the outset the number of software developers required to complete the project on time can be especially tricky. However, with an outsourcing model in place companies can expand or scale down the team according to the needs and the pace of the project. With this companies can avoid overpaying employees as well as hiring employees on a time crunch to get the project done on time.
  • Reduces the risk factor: When you outsource the project to the right company with the required subject matter experts you drastically reduce the risk element present in the project. A team of talented developers with their best and latest practices and high efficiency can build a strong product as well as conduct robust testing and quality assurance testing.
  • Reduction in overhead costs: By cutting down on the expense incurring hiring, on-boarding and training employee process firms can drastically reduce their expenses and refocus their resources on other key areas.
  • Ability to focus on core business activities: Outsourcing the software development to an external vendor gives the company the time and the resources required to focus on its core business strategies and business growth instead of focusing on building and running a software development team.

These are few of the key advantages that companies gain when they choose to outsource a project to external vendors.

4. Disadvantages of outsourcing the software development

While outsourcing the software development to an external vendor come with its own set of advantages, there are also a few disadvantages that a company should take note of before it makes a decision. A few of the challenges that come with outsourcing the software development are,  

Security Challenges:

Data integrity and protection is one of the pressing challenges in the world today and working with a third-party vendor on a project can make the task of data protection more challenging. It is very important to understand the privacy policy, data storage and encryption techniques of the vendor before choosing them for a project and sharing crucial data with them.

Communication Gap:

When working with the third-party vendor it is important to understand that you are dealing with a whole other entity which has its own set of workplace ethics, values, standards and structure. This can give rise to problems in terms of the quality of the product, punctuality and language related barriers. Thus, cultural misalignment between the two parties involved can act as potential barriers in terms of delays and reworks.

Quality Assurance:

With high quality a non-negotiable requirement for any software development project and one of the main reasons companies choose to outsource projects maintaining the level of quality can become a challenge when an external vendor is involved. Thus, it is critical to choose the right vendor for the job by vetting them and making sure they meet the requirements for the job.

So, outsourcing the software development to a third-party vendor comes with its own set of challenges and barriers and the deciding factor often lies in choosing the best vendor for the job.

5. Step-by-step process of hiring a software development outsourcing agency

The process of hiring the best software development outsourcing agency for the task at hand is a multi-step process and requires a lot of work at our end. On the side of the client the steps involved are,

  • Identify the needs and requirements of the project:  It is important to understand the needs and requirements of the project at hand in terms of the technical requirements, specialists required etc.
  • Have clear cut goals and objectives: It is important to chalk out the end state of the project in terms of the objectives the project aims to fulfill. Having clear cut achievable goals for the project is very important to ensure its success. Another key aspect of defining the goal is for the firm to understand why it is outsourcing a particular project instead of doing it in-house – is it to reduce cost? or is it to get an increased quality? Setting this objective will help the firm in not just choosing the right vendor but also in ensuring the project gets done effectively.

Once we have figured out our needs and requirements, the next and the most important step is in choosing the right software development company for the job. This is the most crucial step in the entire process as choosing the best outsourcing software development company for the job can help determine the success of the project. 

  • Shortlist companies based on the needs and requirements of the project and the firm: This is where web directory sites such as Selected Firms come in handy as they act as a B2B marketplace connecting potential vendors and clients. Choosing and narrowing the list to a handful of potential vendors will help move ahead and choose the best company for the job.
  • Verify the references: It is necessary for the client to do their dur research about the vendors in terms of understanding their offerings, terms of service, quality assurances, past testimonials, privacy policies etc. Doing this right in the beginning will ensure that there are no differences that arise late in what the client wants and what the vendor has to offer.

Following these steps will help the client choose the best outsourcing software development company for the project at hand.

6. What is the cost of outsourcing software development? What different factors can affect the cost of outsourcing?  

Cost is one of the biggest and often the deciding factor behind why companies choose to outsource software development instead of doing it in-house. However, the cost incurred in outsourcing the software development to an external vendor is influenced by multiple factors. The factors that often play an influencing role in determining the cost of the project are,

  • Level of expertise: Outsourcing projects often require subject matter experts in niche fields such as AI or blockchain to work on them. Hence one such influencing factor for costs could be the level of expertise and experience of the team hired for the project.
  • Team size: The number of people hired to get the project done is also another key influencing factor in the cost structure of the project. However, one of the key advantages of outsourcing a project is the element of scalability. Companies can initially start out with a small team and then increase the number of personnel involved or scale down the number based on the need and deadline requirements. This helps prevent overpaying or delays in the project completion.
  • Type of software development: The type of the software project that is being outsourced by the company is another key factor influencing costs. The software development project could be the development of a new software, application modernization, software integration or custom software development. Thus, the nature of the project affects the costs involved.
  • Time required & the complexity of the software: The complexity of the software and the time required to complete the job is a major factor that affects costs. Higher the complexity level of the software that is being built, longer the time required and higher the costs incurred.

These are few of the key factors that influence the cost structure of the outsourcing project along with other factors. Hence the company must consider these multiple factors along with its own needs and requirements before it decides to outsource a software development project and chooses a vendor instead of doing it in-house.  

 

 

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