Managed Development Services offers a unique opportunity to companies that understand its advantages and are willing to learn how to manage offsite resources. The following are some of the benefits companies can gain by choosing our service:
- Reduce labor costs
Perceived as the main reason for outsourcing, controlling labor costs can free up a lot of extra operating capital. Another option is to increase the size of a development team. A team of 5 developers based in the UK would cost the same as a team of 15 or 20 developers from Russia, Egypt or India.
- Control capital costs
Managed Development Services service can enable you to convert fixed costs into variable costs, thus freeing up capital for investment elsewhere. In the early stage of a business this allows you to avoid much large expenditure associated with hardware, software, etc. Managed Development Services service has the added benefit of making your company more attractive to investors since you are free to put more capital directly into activities which produce revenue.
- Increase efficiency
Companies that do everything themselves have much higher research, development, marketing and distribution expenses, all of which must be passed on to customers. Using Managed Development Services's cost structure and economy of scale, can give your firm an important competitive advantage.
- Focus on core business strengths
Having your own development team at your disposal enables you to focus on the core strengths of your business, spending more time service your clients or doing R&D and mapping future strategic goals for your company.
- Start new projects quickly
Having your own highly skilled dedicated team available to you enables you to start projects faster than you would normally.
- Compete with larger firms
Most start up companies and small-mid size companies cannot afford to match the in-house software development staffs of their larger competitors. By utilizing Managed Development Services, you can increase the size of your staff without increasing your R&D budget.
- Reduce or eliminate cost of benefits
Managed Development Services service takes care about all the HR tasks associated with taking care of employees. Some of these include salaries, benefits, holidays/sick days, taxes, medical insurance, disability, etc, thus allowing you to focus on the company's primary business function.
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