OFFSHORE SOFTWARE DEVELOPMENT STATISTICS 2018
With every year, a lot of changes are seen and experienced in the offshore software development industry. As it is growing immensely, the stats and trends keep revolving. A lot of offshore outsourcing companies have developed over time and have enhanced in their potential, size and quality of work. The transparency in offshore development industry is also being improved so that it can become easier for people to work. However, there are always some challenges that come handy with any kind of business. But at the same time, you get stats that boost up your morale and make you hope for a good beginning. The offshore software development statistics 2018 have been both good and bad but yet again, we have seen a prominent boost up in the industry overall. Here are some of the offshore software development statistics 2018 that you must know about.
TOP 5 OFFSHORE DEVELOPMENT STATISTICS:
We have summed up the top 5 offshore statistics of this year for all of you. A great and positive change has been witnessed in the world of outsourcing which is making this year, yet another successful year for offshore development companies.
DATA SOFTWARE DEVELOPERS ARE HIGH IN DEMAND
The big data software market has been a major component in the world of offshore software development and its outsourcing too. This is what increases the demand of data software developers in outsourcing industry. The big data software tools are nothing less than a blessing as they allow the user to get an in depth analysis of their data. It also allows them to store large amounts of structured or unstructured data. The large scale usage of these tools has led to high demand of data software developers and developing companies and this stat is not about to change for a long time.
BLOCKHAIN TECHNOLOGY IS RISING IMMENSELY
Blockchain technology has come into large utilization in the tech world since last year and it is here to stay in the globe of offshore development too. This tech has made payment transfer super easy and fast. It helps you get rid of the middle man amazingly which is a huge perk and saves you a lot of cost too. Blockchain technology brings in huge potential with it which is now a huge trend in the offshore software development companies these days too.
IT COMPUTING EXPERTS ARE HIGH IN DEMAND
The offshore software development firms have increased their skills in the IT industry. This has led them to enhance their management too and solve their client issues in a better way as well. Also, this has boosted the need of IT experts and has increased the workload for them too. The IT computing stats for outsourcing specifically have been estimated to reach a worth of 200 billion USD by the end of this year which shows how much importance it is gaining in the offshore industry.
DATA SECURITY IS CRUCIAL FOR ALL
Data security stays on top of the mind for all the offshore developers and this is not going to change as securing data is one of the most important aspects of any business. Outsourcing work to an offshore development team is not an easy task and this is why data security is on top of the priorities for all the people who outsource their projects.
DIGITAL TRANSFORMATION AND BETTER COMMUNICATION
Communication has always been a huge challenge in world of offshore development and outsourcing. However, the statistics of 2018 tell us that digital transformation will somehow enhance the communication level a bit. Social media, email and mobile marketing are prevailing immensely in the outsourcing industry which is boosting communication and is bringing in the needed digital transformation too. It also enhances the final outcome!
THE BOTTOM LINE:
Technology is spreading its root in all the industries in the business world and according to all the offshore software development statistics; we tend to see that technological trends are high. 2018 is an ever-growing and flourishing year for outsourcing and offshore developers and till now, we do see a clear enhancement in the industry. Communication barriers are being removed through different cultural programs and different methods are being utilized to adhere to the client standards too. The above mentioned statistics for offshore development are seen, coming to life and we think that the worth estimate might just be true too.