What is an Offshore Development Centre?
Offshore Development Centre
Offshore development center (ODC) is a dedicated offshore team supporting a company’s business processes, software or solution development. It is a popular model that businesses resort to for various reasons including cost savings, higher productivity, and a faster time-to-market for products and services.
An ODC is an extension of a company’s in-house team, functioning as an offshore branch that follows the same corporate policies and values. It offers companies an alternative to costly hiring and establishing infrastructure in another location, and helps reduce overall project costs.
ODCs offer a range of benefits to both companies and individuals, including the ability to tap into cheaper talent, streamlined business processes, and improved product quality. However, there are several challenges and pitfalls that companies must be aware of when choosing an ODC. To avoid any issues, it is crucial to conduct a feasibility study before creating an Offshore Development Centre. This helps in identifying the project’s strengths and weaknesses, and determines whether it is viable and practical.
What is an Offshore Development Centre?
Before setting up an ODC, it is important to understand the local laws and regulations in the country you are planning to establish an office in. This includes employment and labor laws, FDI regulations, taxes, and data privacy rules. Moreover, you must do a thorough market research to shortlist the best location for your office. This will help you in determining the economic and cultural stability of the region, cost of living, and availability of qualified talent.
While it is possible to establish an ODC on your own, many companies choose to partner with an experienced vendor for complete office setup and resource hiring. They are responsible for all the technical aspects of an ODC and manage it according to your requirements and guidelines.
Once the team is established, it’s crucial to create a communication and management structure that promotes effective work. You will need a project manager who is accountable for managing your offshore team, an accounts manager, front and back-end developers, QA engineers, and UI/UX designers. The team should be kept together to ensure consistent quality and to avoid communication gaps that result in delays or poor outputs.
Lastly, it is necessary to evaluate the success of your ODC by tracking performance metrics like employee productivity rates, bug fix turnaround times, and other key indicators. By keeping track of the performance of your ODC, you can make informed decisions regarding the growth and efficiency of your offshore team. By following these tips, you can minimize the risk of establishing an offshore development center and maximize its potential for growth. For more information on setting up an offshore development center, contact a reliable outsourcing partner like ProCoders. They have the expertise, resources, and technology to help you build a high-performing offshore development team. Contact us today to learn more.