Offshoring has become very popular in recent years. And not casually. About 10 years ago, its primary goal was to reduce costs. Therefore, lower salaries, taxes and maintenance costs were the main reasons for going offshoring. Technology companies are currently turning to this strategy to find talented developers abroad, as they feel a shortage of qualified personnel in their country.
For example, this problem is observed in the United States. It has become especially noticeable against the backdrop of a growing number of IT vacancies. According to the Association for Competitive Technology (ACT), more than a quarter of a million technical positions are open in America.
Despite the fact that the country receives more than 62,000 IT graduates annually, this is still not enough to solve the problem with a shortage of developers. Therefore, companies are experiencing serious difficulties hiring developers, even with sufficient funding.
In this case, offshore software development comes to the rescue. More and more world-famous corporations are moving to this model by opening their own offices abroad. This business strategy also allows them to fill the internal talent gap by creating offshore teams.
