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Software outsourcing companies offer 4 common engagement models, including:

1. The Fixed-Price Model is one of the most popular models. In this model, the project scope, requirements, and timelines are clearly defined, and a fixed price is agreed upon for the entire project. The model offers high quality engineers at affordable cost. 
2. The time and Material Model is based on the time spent and materials used for the project. The model is flexible, and you pay for the time to finish the project. 
3. Dedicated Team Model or full-time equivalent where you get high-quality engineers at an affordable price. The model is suitable for long-term projects.
4. Hybrid Model: A combination of fixed price and time and material models, where parts of the project are clearly defined and priced while others remain flexible.

Other models, such as BOT (Build, Operate, Transfer), are used under a special contract. In this model, the offshore software development company builds, operates, and maintains software for several months or years. And eventually transfers the whole development team under the banner of the hiring company at a set price and terms.

As a leading IT projects outsourcing company in India, we offer various software services, including:

• Cloud configuration and development
• Mobile and web app development
• Strategic technology consulting
• Digital product development
• UX design and development, etc.

Choosing an IT outsourcing company, be it from India or any other country, requires strategic considerations. You can consider parameters such as years of experience, technology expertise, process maturity, stability of the development center locations, portfolio, etc. If you are outsourcing for the first time, you can get some confidence through recommendations and references.

ODC stands for Offshore Development Center. When a company establishes a development center in another country and operates it offshore, it is called an ODC.

The three outsourcing models include: onshore, nearshore, and offshore.

• Under the Onshore model, hired employees work at the client’s location. 
• In the Nearshore model, a company hires an offshore team near their location and avoids the time zone gap.
• Offshore is when a company hires a development team from India or any other remotely located country.

Pros

• Finding talent is easy and quick
• cost-effective
• Work is done 24/7
• Easier project management
• Timely reports and updates
• Faster delivery.

Cons

• Security concerns
• Risk of data loss
• Communication challenges
• Time zone gap

A dependable offshore software development company aims to build software that meets or exceeds client expectations.

Indian IT software outsourcing companies are preferred worldwide for several reasons. They include:

• Intelligent and skilled software engineers
• Affordable cost
• Good English communication skills
• Stable

You can ask for NDA and data security guidelines before project onboarding. Also, check if the software outsourcing company’s employees cover the NDA. It also makes sense to use Git, where you can control unauthorized access to the source code at any given time.

• Experienced software outsourcing companies have flexible working hours to manage different time zones. 
• They know how to handle time differences and find times when everyone can work together. To keep everyone updated, they use project collaboration tools like Basecamp, Trello, JIRA, and Asana.

Software outsourcing companies have advanced IT infrastructure, including various devices such as computer systems, tablets, and mobiles, all with the necessary software. 

In specific cases, you may need to procure a client license. However, the outsourcing company covers all major hardware costs, data security, and more, providing a transparent cost structure.