{"id":12519,"date":"2023-07-25T12:14:18","date_gmt":"2023-07-25T12:14:18","guid":{"rendered":"https:\/\/grupodeproinf.com\/?p=12519"},"modified":"2023-07-25T12:14:18","modified_gmt":"2023-07-25T12:14:18","slug":"outsourcing-trends-joining-the-outsourcing-software-development-wave","status":"publish","type":"post","link":"https:\/\/grupodeproinf.com\/?p=12519","title":{"rendered":"Outsourcing Trends: Joining the outsourcing software  development wave"},"content":{"rendered":"<p>In a recent\u00a0<a href=\"https:\/\/grupodeproinf.com\/2023\/07\/11\/the-future-of-software-outsourcing-unlocking-global-talent-and-collaboration\/\">article<\/a>, I explained why software outsourcing will continue rising. In this article, I will navigate the outsourcing trends and projections backed up with statistics that will shed light on why organizations should seriously consider joining the outsourcing wave.<\/p>\n<h2 style=\"text-align: center\">Global Outsourcing Trends<\/h2>\n<p>The outsourcing industry has experienced remarkable growth and transformation on a global scale. According to a report by Grand View Research, the global IT outsourcing market size was valued at USD 333.7 billion in 2020 and projects to expand at a compound annual growth rate (<a href=\"https:\/\/www.investopedia.com\/terms\/c\/cagr.asp\">CAGR<\/a>) of 7.8% from 2021 to 2028. These statistics highlight the upward trajectory of outsourcing, emphasizing its increasing significance in the business world.<\/p>\n<h2 style=\"text-align: center\">Outsourcing trends in the United States<\/h2>\n<p>The United States has played an important role in IT outsourcing as both an outsourcing service provider and a country seeking outsourced services. According to Statista, the total value of IT services and business process outsourcing (BPO) deals in the United States amounted to USD 37.7 billion in 2020. Outsourcing trends in the US market will continue growing due to factors like cost-efficiency, access to specialized skills, and scalability.<\/p>\n<h2 style=\"text-align: center\">Outsourcing trends based on facts<\/h2>\n<p>Two outsourcing trends stand above the rest:<\/p>\n<ol>\n<li>Outsourcing will continue growing<\/li>\n<li>Nearshoring will continue gaining ground over offshoring and homeshoring.<\/li>\n<\/ol>\n<p>In this section, I will explain why.<\/p>\n<h3 style=\"text-align: center\">Reasons to Outsource<\/h3>\n<p><img decoding=\"async\" class=\" wp-image-12520 aligncenter\" src=\"https:\/\/grupodeproinf.com\/wp-content\/uploads\/2023\/07\/Reasons-to-outsource-1-300x180.jpg\" alt=\"Reasons to outsource\" width=\"440\" height=\"264\" srcset=\"https:\/\/grupodeproinf.com\/wp-content\/uploads\/2023\/07\/Reasons-to-outsource-1-300x180.jpg 300w, https:\/\/grupodeproinf.com\/wp-content\/uploads\/2023\/07\/Reasons-to-outsource-1.jpg 481w\" sizes=\"(max-width: 440px) 100vw, 440px\" \/><\/p>\n<p>From the graph we can see that Cost reduction is the main reason for outsourcing projects. The cost reduction stems from two elements:<\/p>\n<ul>\n<li>The complexity of hiring and retaining software specialists in an environment characterized by an unbalance between demand and supply. As shown in the graph below courtesy of the <a href=\"https:\/\/www.bls.gov\/\">US Bureau of Labor Statistics<\/a>.<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\" wp-image-12521 aligncenter\" src=\"https:\/\/grupodeproinf.com\/wp-content\/uploads\/2023\/07\/Supply-Demand-IT-300x190.jpg\" alt=\"outsourcing trends\" width=\"545\" height=\"345\" srcset=\"https:\/\/grupodeproinf.com\/wp-content\/uploads\/2023\/07\/Supply-Demand-IT-300x190.jpg 300w, https:\/\/grupodeproinf.com\/wp-content\/uploads\/2023\/07\/Supply-Demand-IT.jpg 493w\" sizes=\"(max-width: 545px) 100vw, 545px\" \/><\/p>\n<ul>\n<li>The increased cost of software specialists stems from the unbalance referred to above. The graph below reflects this reality.<\/li>\n<\/ul>\n<p>The cost reduction from offshoring project developments is between 30% and 60%, depending on the region. But the drawback is the time difference and cultural variation.<\/p>\n<p>The cost reduction from nearshoring project developments is between 345% and 70%, depending on the country, without the drawbacks associated with offshoring.<\/p>\n<p><img decoding=\"async\" class=\" wp-image-12522 aligncenter\" src=\"https:\/\/grupodeproinf.com\/wp-content\/uploads\/2023\/07\/Salaries-IT-300x198.jpg\" alt=\"Salaries IT\" width=\"573\" height=\"378\" srcset=\"https:\/\/grupodeproinf.com\/wp-content\/uploads\/2023\/07\/Salaries-IT-300x198.jpg 300w, https:\/\/grupodeproinf.com\/wp-content\/uploads\/2023\/07\/Salaries-IT.jpg 519w\" sizes=\"(max-width: 573px) 100vw, 573px\" \/><\/p>\n<h2 style=\"text-align: center\">Deproinf updating policies<\/h2>\n<p>At Deproinf, our unwavering commitment to continuous improvement empowers us to stay at the forefront of development trends, ensuring that our team remains highly skilled and up-to-date. Our clients benefit from cutting-edge solutions, innovative approaches, and streamlined processes that optimize efficiency and quality.<\/p>\n<p>I hope this article on has been helpful to you. If you liked it or want to learn more about Deproinf, please subscribe to stay updated.<\/p>\n<a href=\"https:\/\/grupodeproinf.com\/blogs\/\" target=\"_self\"  class=\"mkd-btn mkd-btn-medium mkd-btn-solid mkd-btn-hover-outline\"  >\n\t<span class=\"mkd-btn-text\">Subscribe to Deproinf<\/span>\n\t\t\n\t\t\t<span class=\"mkd-btn-helper\" ><\/span>\n\t<\/a>\n<p>If you have specific needs please <a href=\"https:\/\/deproinf-usa.ck.page\/a02a9cf9e9\">GIVE US YOUR INFORMATION<\/a> and we will contact you as soon as possible.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent\u00a0article, I explained why software outsourcing will continue rising. In this article, I will navigate the outsourcing trends and projections backed up with statistics that will shed light on why organizations should seriously consider joining the outsourcing wave. Global Outsourcing Trends The outsourcing&#8230;<\/p>\n","protected":false},"author":4,"featured_media":12524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_joinchat":[],"footnotes":""},"categories":[480,482],"tags":[],"class_list":["post-12519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-software-development","category-software-outsourcing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Outsourcing Trends: Joining the outsourcing software development wave - Grupo Deproinf<\/title>\n<meta name=\"description\" content=\"In a recent article I explaind why software outsourcing will continue rising. 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