6 tips to choose a right offshore technology partner company
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Technology today is one of the essential factors that enable businesses to grow, operate, and stay ahead of the competition. Choosing the most appropriate offshore technology partner, based on your business goals and needs, can be very beneficial for your organization. In this article, I'm going to give you 6 tips that will help you choose your right offshore technology partner.
Whether you are a startup or a large corporation, you may come to a point when you need a reliable offshore technical partner, who can back you up with relevant technical expertise, while letting you focus on core business needs and vision.
The right partnership will be key to your future scale and success. So, cost aside, you want to find someone whose values and vision align with yours.
Who is an Offshore Technology Partner?
Offshore technology partner is a company located at offshore place that provides consulting and services needed by your business.
However, approaching an offshore technology partner requires a thorough understanding of your requirements. Obviously, you don’t just share your idea with the third party to implement it, but also want the results that can add value to your business. But how do you do that? How can you choose the perfect company for your business?
Whether your purpose is to create a proof of concept, build something to scale, iterate on a product-market fit, augment your existing team, or any other purpose, you need to perform early research about the company’s capabilities. Take the time to analyze the company’s portfolio, analyze your research and identify the right company which is going to develop your product or augment your existing team. Remember, it’s not just about dollars and cents, but more importantly – how well your offshore technology partner fits to your needs.
So, here we have 6 tips to choose the right offshore technology partner:
1. Experience & Expertise
Try to evaluate the experience and expertise of the resources of the proposed offshore company who are going to be directly involved with you. It is wise to choose not only the company which has proven experience in delivering successful products in the relevant industries or similar projects, but the resources. Find out what platforms and technologies and tools that the resources Expertise & Experience in.
It is recommended to have at least one highly experienced and expert resource who acts as a single contact with you and is responsible for taking up requirements, convert them to sprints, keeps the sprint boards updated and ensures everything is delivered.
2. Compatibility
It is obvious that you and your offshore technology partner are in different time zones and your working hours are different.So, you must find out their approach to deal with work hour differences, language barriers as well as the cultural differences.
It is recommended to have a good working hours overlap (generally 2 hours or more) with availability of support during non-working hours. Its good to know the age groups, interests and leave/holiday policies of your offshore technology partner while evaluating them.
3. Commitment
Software projects can encounter anticipated issues due to fast-moving technologies. The right technology partner will never hide problems, but rather be open about it and act proactively, suggesting ways to overcome those. A client-oriented partner will ensure that you get the technology solution that works for your specific business needs and supports not only your immediate goals but your future goals as well.
Although most of the companies now work on a white label model, but the right tech partner will never leave you alone. It makes sure that your work gets completed within the scheduled time. So, make sure that your future technology partner not only focuses on the codes; but also, on building long term relationships that help to create business opportunities for both of you.
4. Transparent Collaboration & Communication
Open communication plays a vital role in any partnership. Working with remotely located dedicated developers might make you worry about how you would communicate with them. Take care to ask the team how they would address the issue.
Make sure that you and your future partner have a clear understanding of the project from the very beginning. The development firm should provide all the necessary details and reports timely during the development phase.
Make sure the working process is well-defined, clear and allows you to track the progress throughout the whole development cycle.
The partnering firm should be able to communicate complex technical topics so that the non-tech partner can understand the concerns easily.
5. Existing Client Feedback on Delivering Results
Apart from having technical experience and domain experience, it is very necessary to learn how tech partners have helped their customers achieve their business goals.
Have a look at the company’s Portfolio, Case-Studies, Testimonials & References. Learn about the clients the company has worked for and also the type of products they have developed in the past.
The most straightforward way to get real feedback about the tech company is to ask for a reference from their existing or previous clients. The company that brings value to their clients will be happy to refer you to the right person to talk to.
6. Pricing
You don’t want to get the cheapest service, but definitely the most cost-effective one. Today, many companies lure customers by quoting low prices. Although it’s beneficial for company to hire a relatively cheaper offshore technology partner, going with the lowest rates may sometimes prove risky. So, it’s better to select a company that quotes mid to higher rates. That may seem like a counter-statement, but it’s the correct representation of the market scenario. The more a company charges, the more likely it is that they have a good repo in the market. It shows that their work is indeed good and that they have more companies who are willing to pay them more for their work. So, try to go with the most promising offshore partner company at economical rates.
Make sure the company offers value and it is worth the cost. In the long-run, you want to have a partner who will help you return your investments, not only save those.
Conclusion:
Opting for the right offshore technology partner can make or break the business. Any business’s achievements are measured by its calibre to serve the customers and the way it thrives through the challenges.
The right technology partner can help you achieve ground-breaking goals.
At Facile Technolab, we follow agile methodology and have years of experience in providing end-to-end IT Services to our global corporal clientele. Wanna know more about our services or work with us? Drop a line at sales@faciletechnolab.com and we would be happy to assist you! 😊
