Home Blog Hire Offshore Developers: Your Guide to Cost Savings

Hire Offshore Developers: Your Guide to Cost Savings

Abhay Dave

30 March, 2023

Outsourcing or hiring offshore developers was once absurd in the IT industry. The concept evolved for the betterment of software development services. Back offshore, developers were hired to cut down the operational cost.

Innovation and technological advancement in web and mobile development made startups and business entrepreneurs look for an expert teams around the globe. The above process helped them leverage their best technical knowledge.

One of the prominent reasons is to target territories through online apps and to meet the increasing demand. Technologies like cloud and remote team management tools have made the task easier to outsource dedicated software development teams and work with them.

Many software engineers today work in software development team mode and offer services with dedicated experts. The crucial questions that cross the mind of business owners paving into the tech world are the following.

How to hire offshore developers?
How much will it cost to structure outstaff?
Is there any right approach to choosing an offshore development country?
What are the standard hourly rates of offshore developers?
How to manage an offshore development team?

The outsourcing rates are central among all these queries pertaining to the extended development team.

Always be vigilant about how much you should capitalize when you invest your time, money, efforts, and resources.

Find out some interesting facts about hiring offshore developers, offshore development teams, and destination and rate guides.

Some prominent offshore development trends and rates across the world!!

hire-offshore-developers-rates-gkmit

The United States and Western Europe are the hotspots in the tech world. As many top-rated digital companies are established in these regions, companies hire senior software developers with many years of experience and expertise. Experienced developers have a quick ability to resolve complex challenges.

Since a large pool of tech experts are hired from here, the startups and emerging entrepreneurs need more skilled resources.

The scantness of expert and qualified engineers made offshore hiring a new trend. By offshore, it means talent from overseas. There are four most popular offshore development destinations:

Asia
Eastern Europe
Latin America
Africa

Below are the average outsourcing rates region by region and facts about offshore development team rates if you want to hire one.

What is the Offshore developer rate per hour in Asian countries- Hire offshore developers of Asian Countries

Asia is the largest continent globally, consisting of many countries with numerous forging head-on technology front. Let’s look at various dynamics related to offshore developers in Asia.

Offshore development rates in Large Asia

Most of Asian countries are either developing or underdeveloped. Due to this, unemployment is one of the grave concerns in these countries. The population of Asian countries is quite high, and the living standard is relatively lower than other continents, excluding Africa.

Considering this, offshore developers’ per-hour rate is relatively low, at USD 18-25/hour for IT services.

Top IT Consulting Countries in Asia

Among all, India is one of the top outsourcing destinations in Asia, China and Malaysia, ranking second and third out of all.

Evolving technological architecture and inclination towards an engineering career are a few prominent factors laying foot on India’s growth and developing it into one of the most demanded offshore development countries in the Asian continent.

Learn about the Average offshore software developme

nt rates in Eastern Europe?

The offshore software development model explains when a company or startup hires dedicated developers from an outsourcing software development company residing in a faraway country is known as offshore outsourcing. But on the contrary, a less popular term is known as nearshore software development. The team is located where you upgraded your technological skills from the same company. Western Europe or Eastern Europe are those countries.

The benefit of nearshore software development is the time-zone difference. Software development rates in Eastern Europe are on the higher side.

Offshore development rates in Eastern Europe

Today many software development teams in Eastern Europe are offering offshore services. The software developer density in Europe is relatively high, with about 1.5 developers per 100 people in the region. The tech security in Eastern Europe region is growing, further implying that software developers are going higher on demand.

Financial stability is one of the most well-known facts about Eastern Europe, showing developers can leverage the best tech facilities and architecture. In Eastern Europe, the annual revenue growth from IT outsourcing is about 20-25%.

The average rate of offshore developers in Eastern Europe is USD 25-30 per hour.

Eastern Europe is home to top countries for offshore software development.

In the eastern European region, the software developers of Ukraine are most preferred. The outsourcing rates in Ukraine are reasonably high. If you think rates are high, you can hire junior offshore developers to balance the budget and skillset.

Offshore developers rate in Latin America – Hire offshore developers of Latin America

Latin America stands tall as an emerging destination for hiring quality offshore software developers. Argentina and Panama are two most popular outsourcing destinations in Latin America if you are looking to outsource the software development team. Latin America is constantly growing as a tech hub and startups headquartered in North America are moving towards Latin America as this is the closest region to their territories.

The prototypical offshore software development rates in Latin America are between USD 30-50 per hour.

Top software outsourcing countries in Latin America

hire-offshore-developers-latin-america-gkmit

Hire an Offshore software developer from Africa

Africa is counted in as an underdeveloped economy, but it is gradually making a prominent mark in IT infrastructure. There is more awareness about digital culture now than it was before. Employees working remotely are increasing in Africa and outsourcing has become a crucial economic booster in the region. This encourages more developers to work remotely at a low software development rate.

Software development hourly rate in Africa

Why is IT getting popular in the African region? The reason is the presence of a young population. With the penetration of mobile phones in Africa, the infrastructure is constantly widening and new opportunities are opening, leading to the tech revolution.

Africa is considered the most preferred IT outsourcing destination and the rates of offshore developer rates are USD 20-40 per hour.

The African tech market is segregated into two parts: North and South Africa. However, North African countries such as Tunisia, Morocco and Egypt are more compatible with Europe and New York’s time zone. Lower software developer rates further make North Africa an attractive destination to hire offshore software developers.

Tips and tricks to select offshore development country and vendor

Before offshoring, the startups should have the right matrix. Here is the list of things to be kept in mind while hiring offshore software developers:

Value over cost

If you are not willing to compromise on software development quality, then one of the crucial criteria is choosing the ideal offshore development country and vendor. But before this, check the vendor’s Profiles, Expertise, and Capabilities.

Project specification

Ensure the vendor has in-depth knowledge of technologies while scrutinizing the software development requirements and what the vendor offers.

Geography selection

As multiple people are working on your projects from different parts of the world, it is very important to try and have a minimum time-zone difference for better project quality.

Quote comparison and roadmap

Try to compare roadmap, quotes, and expertise from different software development firms and narrow down your search.

Scalability and convenience

Once a tech partner, always a tech partner! If you follow this rule, you will never have to explain your project to your development partner for the hundredth time.

When enquiring vendors about the project, enquire about the maintenance, support and future requirements. This way, if your project requires additional features or revenue streams, you can take it ahead from where they have left.

Experience

An experienced software development outsourcing company can easily differentiate between innovation and sanity in the IT industry. Read and follow the case studies to find out how vendor companies tackle the mid-project crisis.

Why choose GKMIT for hiring offshore developers?

Among all the countries of the world, India holds a prominent position as an outsourcing destination and generates 8% of GDP annually. Many foreign direct investments trigger at one point that low price, yet high-quality software service is the major highlight of the Indian IT industry.

Many companies and startups are forging with Indian software developers to develop high-end products.

Indian offshore software development companies offer various services and amplify profit margins. GKMIT is one such leading company offering quality and timely services.

At GKMIT, we follow a strict, stringent resource scrutiny process with multiple stages before onboarding developers. We have been recognized as a reputed software development company in India for our expertise and skills.

Here are a few more reasons for you to trust us and hire Dedicated GKMIT Software Engineers.

Wide variety of software experts
Time zone!! Not a big issue
Advance technological infrastructure
Moderate rates
Strict timeline and milestones

Our developers leave no stone unturned. At GKMIT, clients receive a complete view of development. Moreover, this process helps in software flow change if required at an early stage without costing a lot of time and resources. Our developers leave no stone unturned.