Most people have a certain set of preconceived notions when they hear the word “Outsourcing”, particularly for software development. There’s the usual stigma of lower quality, missed deadlines, and constant miscommunication that (justified or not) tends to drive companies away from outsourcing software development.
However, things are changing rapidly, and software development done through virtual teams is becoming more effective and valuable for businesses. As co-located virtual teams continue to emerge, companies are coming to terms with how these teams are increasingly competitive with typical in-house development.
In fact, 34 percent of the U.S. workforce today consists of virtual freelancers. These virtual teams are allowing both startups, and enterprises, to scale their development teams in a flexible manner as natural extensions of their in-house teams.
And that makes these virtual team developers just as invested in the success of the product as the in-house team, which is the what businesses typically don’t realize about today’s environment.
It’s why Enqos was able to save one startup client $1 million in development costs, and 80% in developer burn rate.
Those are just some of the things that many people don’t realize about today’s virtual development teams. Here are some of the other major key advantages, and why you need to consider implementing virtual development teams for your business.