What is the Nearshore Strategy?
The Nearshore strategy is nothing more than hiring a remote team that is geographically close to your company, which guarantees several corporate benefits, including cost reduction, logistics, and cultural proximity. The primary motivation is to scale processes, take projects out of the drawer, and increase profit.
In times of pandemic and social isolation, maintaining productivity is essential in a safe, effective, and intelligent manner.
The nearshore strategy is one of the easiest ways to expand your team remotely, achieve scalability, and stay competitive. Using nearshore can be the game-changer for your business.
How does a Nearshore Strategy work?
The way to make nearshore strategy work is communication. The exchange between the team and the manager is of paramount importance in any project. Communication that is aligned, transparent, and guaranteed everyone’s visibility is the critical element for success.
The practice of nearshore also needs to align with the company’s business objectives. To achieve alignment, you need cultural proximity, proficiency in the language, and a thorough understanding of the market. Ideally, the corporation should choose its nearshore partner while taking into account all these requirements.
At Texnologik, we provide nearshore talent with technical agile skills and a deep understanding of user-centered design practices. We are well-versed in several collaboration models, including high-impact quality teams at affordable costs.
Advantages
1. Proximity to talent.
Since 2005, offshoring numbers have steadily declined, while nearshore outsourcing numbers have continued to rise.
Why? Well, one of the big reasons is proximity.
Offshoring software development work usually means lag time–teams often operate in time zones 12+ hours ahead of the US–which means they have less control over quality, workflows, and deadlines. Traditionally, US-based businesses used offshoring to cut costs, outsourcing entry-level roles with little responsibility to markets with the most competitive rates.
However, things are changing.
Companies are now looking toward outsourcing as a means of maintaining momentum and keeping up with users’ increasingly high demands. Today, companies of all sizes rely on third-party software developers to support robust, strategic roles with innovative solutions that many in-house teams can’t provide.For US organizations, nearshoring offers a direct line to developers in nearby countries like Mexico, Brazil, Costa Rica, or Argentina, while also allowing for cost-savings by reducing spending on overhead and labor.
2. Cultural alignment has a direct impact on the bottom line.
Often, businesses turn to offshoring as an easy way to reduce overhead and increase agility, only to run into cultural barriers and communication obstacles that cancel out the benefits of the arrangement. Nearshore outsourcing can also reduce problems caused by language barriers and cultural norms that make it harder to meet goals and deadlines.
However, alignment means more than a shared language and lifestyle–outsourcing partnerships tend to work best when there’s a strong cultural affinity between both teams. Canada and the US share both a border and a history that spans more than three centuries, and as a result, the two countries have many cultural similarities. And because English proficiency is a degree requirement at most Mexican universities, most outsourced development teams are prepared to collaborate with US clients using the same tools they use with internal employees.
3. Access to dedicated agile teams.
Outsourcing Agile can present some significant challenges—particularly if you’re working with teams on the other side of the world.Nearshore outsourcing allows organizations to work experts that use mature Agile methodologies, with the right conditions. In most cases, outsourcing Agile works best when some team members work collaboratively at the provider’s site, and others work from the client’s headquarters. Completely remote teams can work well, too, but require more coordination and experience with Agile.
With the right tools in place–video conferencing, chat, and a shared digital workspace, nearshore outsourcing is a great way to ensure efficient, high-quality software development and a more collaborative experience than you’ll find with an offshore company.
4. Expertise in almost every technology.
One of the biggest benefits of working with a nearshore web development company is you’ll gain access to a deep roster of experts who work with all kinds of technologies–Java, Python, .NET, React, Angular, PHP, you name it. Companies can easily connect with experts with specific skills that are hard to find. Or, maybe they only need to use a certain program or language for a single project. Keep in mind, you’ll want a partner who knows which technologies best support your business goals.
5. Cost-effective software development resources.
One of the most common reasons companies outsource development projects is cost-savings. While offshoring companies often offer lower rates than nearshoring companies, nearshore firms tend to deliver a higher ROI. Offshoring software development can add to cost and project time-frames, with management issues like language gaps and miscommunications between teams on opposite ends of the world.
For clients, communication and timing challenges can cause delays and increase the cost to complete a project. On the developer side, these issues can have a negative impact on their quality of life–resulting in high turnover and burnout, which in turn, affect software quality. Nearshoring can dramatically cut down on the number of working hours and resources required to hit deadlines, thus reducing the overall cost of each project. Additionally, nearshoring to Canada can help companies avoid the risks of undeveloped legal and regulatory systems. Canada offers strong data and IP protections not guaranteed when offshoring.
Why Choose Texnologik?
More quickly than full time employees since the hiring process usually doesn’t involve HR or require extensive interviews.
Enables your company to adapt quickly either in technology or business knowledge.
You can pay augmentation workers only for the period they work. You don’t have to spend on recruiting, employee benefits, taxes and more.
How can Texnologik can help?
Get Better Results with a Nearshore Outsourcing Company
Finding and hiring great Software Engineers is only the tip of the iceberg. You’ll also need to look at quality, cost, reliability, and process–critical factors that can make or break the success of any software project. Nearshore software development brings the advantages of offshore closer to home, allowing companies to avoid many of the risks and hidden costs of outsourcing.
At Texnologik, our clients gain access to top development talent working in US time zones. Our nearshore business model supports seamless collaboration using mature Agile processes to achieve fast ramp-up times.
Contact us today to learn more about our approach to nearshore outsourcing.
The challenge of the present is to build the future.
Moments of transition are sometimes seen as crises because it is uncomfortable to be vulnerable in the face of the unknown, thus losing their innovative potential. Here at Texnologik, we build the post-normal using the strategies just discussed. To achieve your business objectives, you need to consider which actions you will take to pave the way. Take the first step today, and make outsourcing part of your new normal.
