How to Set Up a Dedicated Offshore Development Center (ODC)?

The global outsourcing industry has multiplied in the last decade with Offshore Development Centers (ODC) enjoying a major chunk of the attention.

The IT industry is flourishing like never before. Therefore, the trend of setting up an Offshore Development Center (ODC) is at its peak. And why not, it’s actually the BEST way to cut costs and accelerate growth. Basically, an Offshore Development Center (ODC) is an office that you set up abroad, having a dedicated development team that provides a combination of development services at meager costs. However, you’ll have to maintain a strict check & balance in order to hire offshore developers.

To hire offshore developers for setting up an ODC, you’ll first have to be aware of the goals and location. The location must provide benefits like low taxes, the vast availability of expert developers, a low cost of living, and less rental prices. Many renowned companies have already set up dedicated offshore development teams, for example, Samsung, Slack, Google, Motorola, IBM, and several other tech giants.

So, are you also looking to set up an ODC but are confused with regards to choosing an apt location, hiring quality developers, and getting the most out of your investment?

Don’t worry, here in this article, Altamira will guide you to conveniently set up an ODC.

So, let’s dig in!

How to Set Up a Dedicated Offshore Development Center (ODC)?

•       Determine your goals

Determining your business needs and goals should be the first and foremost thought in your mind while setting up an ODC. A clear vision will let you develop a sense of expectation from an ODC.

Moreover, the dedicated development team should be able to communicate when needed. Also, all the relevant information should be provided in order to eliminate any potential confusion.

For example, you have an idea in your mind about a certain product. Plus, you’ve set up a budget too. Hence, you’ll convey your thoughts right from the start so that your dedicated development team can function accordingly. In order to communicate, you can take help from various software and apps.

•       Choose a location

Eastern Europe, Latin America, Africa, and Asia are the two best options for an ODC because of their low overall costs and great IT talent. However, due to an abundance of IT experts in these countries, you must conduct thorough research work in order to hire a dedicated development team having an appropriate set of skills to do your job. Not every IT expert would be able to follow up with your requirements.

•       Find a trusted vendor

After choosing a location, you’ll have to pay attention to finding a trusted vendor in that country. In order to find a reliable partner, make sure to search for offshore vendors having good reviews and ratings and who are willing to collaborate with you at a specific budget.

•       Begin the recruitment process

The recruitment process is definitely tough and time-consuming. But if you’ve chosen a trusted vendor, then take help from them! Ensure to assess the resumes of the potential workforce and find the perfect match for your needs. Carefully shortlist from a wide pool to form a dedicated development team. Discuss your needs and evaluate their skills to reach the conclusion!

•       Rent an office

Can you operate without an office? No, it’s actually difficult. Hence, you should start the search for an office space where your dedicated development team would brainstorm to come up with solutions! You must select an office space while considering the area required, availability of equipment, low cost, easy commute, etc.

•       Buy essentials for the office

Finally, in order to start the operations of an ODC, you should install all sorts of essentials, for example, furniture, computer equipment, electronic appliances, security systems, and potentially everything that is originally available in your main branch.

Key Benefits of an Offshore Development Center (ODC)

Is it worth it to set up an ODC? Well, definitely! An ODC is lucrative due to a number of reasons. So, let’s discuss the main benefits of setting up an ODC:

•       Low costs of hiring specialized developers

Tired of experiencing high costs with no major returns? It’s time to set up an ODC! Eastern Europe, Latin America, Africa, and Asia are the countries that have an excess of expert developers rendering their services at insanely minor prices!

•       The vast availability of expertise

The costs are definitely lower. However, the quality remains top-notch. If you put a little bit of attention to hiring a dedicated development team, you’ll have the results right on your table in no time!

•       Meager operational costs

Operational costs are next to nothing in countries like Eastern Europe, Latin America, Africa, and Asia. So, while cutting the operational costs, you’ll be expanding your returns.

•       High scalability

Scalability is the best advantage of an ODC. You can expand your business at any point in time while requiring no big investment at all!

•       Business expansion

Looking to expand your business but are short on money? If yes, then ODC is your answer! Setting up an ODC will let you expand your business, build a new market, and attract a new clientele by investing a very small portion of your money.

Wrapping Up

So, this is how you can set up a dedicated Offshore Development Center (ODC). Choose your dedicated development team from the vast variety of countries that let you fully control the operations. Plus, you’ll immediately reach your goals and communicate at a rapid pace, all thanks to the technology!

So, what are you waiting for? Take your next step and change the way to do BUSINESS!