Healthcare costs are projected to surge more than in 15+ years due to inflation and post-pandemic expenses. As a result, companies are searching for ways to offset rising overhead. A practical solution is to partner with offshore software development companies to reduce labor costs in developing your software.
How do you do this?
CoDev offers a strategic way to save up to 70% on costs by connecting businesses with offshore developers. But is this the right solution for your company?
Below, we’ll explore how offshore development can help your business save costs, maintain project quality, and increase productivity.
Why Choose CoDev for Offshore Software Development?
The most compelling reason to consider offshore developers is the potential for significant cost savings. With U.S. developer salaries and healthcare costs rising, hiring offshore developers allows companies to cut costs by up to 70%.
But how does this compare?
U.S. Developer Salaries: Depending on the skill set, U.S.-based developers typically command salaries upwards of $100,000 annually.
Philippine Developer Salaries: Offshore developers have the same expertise at a fraction of the cost, with average salaries between $20,000 and $30,000.
This drastic difference gives your company much-needed financial flexibility, especially when dealing with rising healthcare costs or other operational challenges. That’s what’s impressive in offshore software development!
CoDev’s Quality Offshore Software Development
One of the most common concerns about offshore software development is the fear of sacrificing quality for cost savings. However, developers in the Philippines are known for their technical proficiency and excellent work ethic.
Strong English Proficiency: The Philippines ranks globally in English proficiency, ensuring smooth communication between your in-house and offshore teams.
Diverse Technical Expertise: Filipino developers have extensive experience across various technologies and industries, from web development to AIs. They’re skilled in programming languages like Java, Python, PHP, and .NET. This ensures that CoDev can match you with the right talent no matter your project needs.
Offshore Software Development Accelerates Your Project Development
Time is money, especially in fast-paced industries where being first to market can make or break a company’s success. Offshore teams allow you to extend your working hours across multiple time zones. This ensures that work continues even after your local team has logged off for the day.
24/7 Development Cycle: With offshore developers working on your projects during off-hours, you can accelerate production, ensuring faster product launches.
Scalable Teams: Need to scale up quickly for a significant project? Offshore teams offer the flexibility to grow without the lengthy hiring processes associated with in-house recruitment. This is particularly beneficial when tight timelines and project scopes shift rapidly.
We Find the Right Fit for Your Team
At CoDev, we know that every company is unique. That’s why we offer services to find offshore developers that perfectly match your company’s culture, technical requirements, and project goals.
Hand-Picked Talent: We don’t just provide you with any developer; we carefully screen and select candidates based on your needs.
Cultural Alignment: Ensuring the developer is a good fit for your team goes beyond technical skills. We focus on cultural fit, work ethic, and communication style to ensure seamless integration.
Proven Success Stories: CoDev has a track record of building high-performing teams ranging from startups to Fortune 500 enterprises.
Reinvest Your Savings for Business Growth
Saving up to 70% on developer salaries can help relieve some of the financial burden caused by rising healthcare costs. But that’s just the beginning!
The savings you generate can be reinvested into other critical areas of your business:
Invest in Healthcare Solutions: Redirect the funds saved from labor costs to cover increased healthcare expenses.
Fuel Innovation: Use the additional budget to invest in research and development, enhance product offerings, or expand into new markets.
Optimize Operations: By reinvesting your savings, you can improve operational efficiency and scale your workforce to handle larger projects.
Why Choose CoDev as Your Offshore Partner?
Outsourcing development is a significant decision; not all providers are created equal. CoDev has been in the business for 15 years, helping companies like yours achieve cost efficiency without compromising quality.
Here’s why CoDev stands out:
15 Years of Expertise: With a wealth of experience in the market, CoDev knows how to find the best offshore developers.
Comprehensive Support: We provide ongoing support, including HR, payroll, and team management, so you can focus on growing your business.
Transparent Pricing: There are no hidden fees. Our straightforward pricing model offers transparency and predictability to plan your budget effectively.
Is CoDev Right for Your Business?
If your company is grappling with rising costs, offshoring your development through CoDev could be the solution you need. You’ll save up to 70% on developer costs and gain access to top-tier talent that can propel your projects forward.
Ready to explore how CoDev can help your company cut costs and thrive?
Contact us today to learn more about our offshore development solutions and get started on your journey to cost savings.
